NFTs in 2022

    This dashboard gives indepth analysis on the NFTs in the Ethereum network over the past 2022. This indepth analysis has various inspects on the NFT sales performance such as holding time, value , price etc so as to get idea on this topic

    INTRODUCTION

    The world of digital art and collectibles is now awash with NFTs. Huge sales to a new crypto-audience are changing the life of digital artists. As they recognize a fresh chance to communicate with audiences, celebrities are now jumping in. The usage of NFTs is not limited to digital art, though. Actually, they may be used to symbolize ownership of any special asset, such as a deed for a product in the actual or digital world.NFTs are tokens that may be used to signify ownership of certain goods. We can tokenize items like works of art, valuables, and even real estate thanks to them. The Ethereum blockchain secures asset ownership; nobody can alter the ownership record or copy/paste a new NFT into existence.

    Infusible Token is referred to as NFT. Your furniture, a song file, or your computer might all be considered non-fungible in terms of economics. Due to their distinctive characteristics, some goods cannot be substituted with other items.

    db_img

    BOUNTY

    A retrospective on the NFT market in 2022.

    \n

    1. NFT project with the highest volume of trades in 2022?
    2. Which NFT project had the largest mint by dollar?
    3. Which NFT project decreased the most in value this year?
    4. Which NFT project gained the most value this year?
    5. What was the price of the highest-selling individual NFT?
    6. Which NFTs had the longest hold time this year?
    7. Which NFT project had the least amount of NFTs listed for sale on an exchange?
    8. Which project had the most NFTs listed for sale on an exchange?

    \n

    db_img

    METHODOLOGY

    This is a DONUT-based dashboard where most of the charts are donut shaped{ Easy and Tasty}: conveys ideas using simple formats so that everyone can understand the concept. Initially, the top NFTs by the holding time are charted here. This is also accounted for overtime and is charted with time so as to get a trend on the NFTs over the year 2022. Then the top 10 NFTs by volume over the whole year are also considered. Then the average mint price of the top 10 NFTs is also considered and charted. Then the percentage change in the price of the NFTs for both lost and gained is charted and the top NFTs are also accounted for here. Then the trend in the volume of the sales of the NFT over time is also charted. Then the price distribution of the NFTs is also calculated along with the average NFT hold time distribution. WIth these all the concerned questions will be answered.

    db_img
    Loading...


    Top 10 NFTs by the most holding time in the Ethereum network is charted here for the whole 2022 is charted here and it is seen that Metabad Donuts project has the highest holding time in the Ethereum Network.

    Loading...


    The top 10 NFTs in the Ethereum by volume is charted for the whole of 2022 are charted here and it is seen that terraforms and meetbits are the top 2 NFTs with the highest volume transferred.

    Loading...


    The average mint price of the NFTs in the Ethereum network is charted here and it is seen that short squeeth project has the highest average MINT price and the top 10 involved are also charted.

    Loading...
    Loading...


    Both the gain and the loss by the percentage of the change in the NFT is charte here. Left is charted here with the volume lost and right is the gained one. More loot and mineable punks are the two projects involved in most of the gain and loss.

    Loading...


    The trend in the volume of the sales of the NFT over the past year of 2022 is charted here and it is seen that the trend was the highest in the beginning of the year and has been decreasing over the time. The chart then shows that in the recent days mutantapeyachtclub is the highest in the recent days while terraforms has the highest in the early days.

    Loading...


    The NFT price distribution of the tokens according to the price in the previous year is charted here and it is seen that most of the NFT price is between 100 and 1K USD as well as there are almost similar value for 10-100 USD price tokens.

    Loading...


    The average NFT hold time distribution of the tokens is charted here and it is seen that most of the users preferred to hold the NFT for less than 5 days and only just 2.7% of the users were holding the NFT for more than 100 days.

    INFERENCE

    With the Donut-shaped charts, the retrospective view of the NFTs in the Ethereum network over the past year can be obtained. The insights are different in each case different NFTs hold the top positions on different scales. #discord handle:sarath#5345 #twitter handle:@sss98

    Loading...