Flipside World Cup Round of 16: NFT Sales Comparison By Chain
It is clear that we are living a revolution in the world of non-fungible tokens (NFT). Not only because it is what is most talked about now in the crypto world and what generates more interest, but also because many celebrities are already acquiring their own NFTs.
Moreover, with the arrival of Facebook in this world, and other brands such as Nike and Adidas already on the way, it seems that this has only just begun.
NFTs have been the trending topic of cryptowolrd over the past year. In fact, emblematic persons like Mark Zuckenberg told about that and basically, put their enterprise name Facebook a different name so called "Meta" in reference to Metaverse, the world of NFTs.
There are currently a lot of blockchains supporting the trading of NFTs such as Ethereum, Optimism, Flow, Near, among others.
The intention of this dashboard is to take a look at the usage of NFTs across all the changes to compare how users are using the token on each of them. As well, the reader can choose which chain considered to carry out a more detailed analysis. The chains included in the analysis are: Algorand, Ethereum, Flow, Near, Optimism, and Solana.
The main objective is to create a dashboard that compares and monitors which chains are most active and liquid in their sales of NFTs. As well, a more secondary objective is to lead the reader to show not only an overall comparison of all the chains together, but also to go dive deeper into a selected chain.
The main metrics analyzed are:
- Amount of NFTs sold, average NFT price, and number of NFT buyers
- Distribution of NFTs
- Metrics by NFT marketplace for each specific chain
- Metrics by NFT collection for each specific chain
Metrics Comparison across all the chains
Distribution of volume and transactions
Deep analysis about the selected chain (it can be choosen through the parameters above. Please see instructions section)
Number of NFT sales, buyers, volume sold and average NFT price by marketplace
Number of NFT sales, buyers, volume sold and average NFT price by collection
Overview
Methods
Instructions for parametrization
The intention of the dashboard is to show a comparison about the NFT sales accross all the chains and to analyze in a dive deep manner each of the chains. So, the idea here is to make the dashboard as more as personalized for the reader as possible. To do that, several parameters have been created to be selected by the reader.
The main parameters are:
- Number: number of days, weeks or months selected to be analyzed
- Period: to determine the timeframe of the dashboard → days, weeks or months
- Periodocity: the reader can select if the visualizations are by days, weeks or months
- Chain: reader can select which chain will be analyzed in a dive deep to be presented after the comparison approach.
So, the steps to follow are: first choose the parameters and fill each of them above the dashboard. Once the parameters are selected, press the Apply All Parameters button to be applied.
Number of NFT sales, buyers, volume sold and average NFT price on each chain