What makes a Top Shots moment valuable? (Part I)
This dashboard attempts to create an analysis on NBA Top Shots moments, also to uncover any correlations between a specific category and sales volume
INTRODUCTION
Thousands of collectors participate when Top Shot drops new Moment packs so they may add to their collections before packs run out. Moments from sold-out packs are only accessible through the Marketplace once they've been consumed. Users of NBA Top Shot may purchase, sell, and collect NBA NFTs that include significant "Moments" that were created on the FLOW blockchain. Moments come in a variety of rarities, with the most valuable being the rarest. Similar to conventional trading cards, moments are created in "Packs."
The National Basketball Association (NBA) and Dapper Labs collaborated to produce NBA Top Shot. Sports fans may purchase, sell, and trade non-fungible tokens (NFTs) of NBA video highlights on the blockchain-based website Top Shot. Sports enthusiasts and collectors who are not necessarily familiar with cryptocurrencies and blockchain technology will find the project's digital marketplace to be intuitive and approachable. The platform's underlying blockchain technology enables a broad range of cutting-edge capabilities and offers various special advantages to those interested in NBA Top Shot.
METHODOLOGY
Initially, the date and the volume of the top NBA hotshots are charted. Then the number of sales, and buyers, as well as the volume, are aggregated with time and the timeframe of conference finals such as before, during, and after the conference are analyzed. Then all the transactions using the flow tokens were also analyzed. With distinct play types, the sum of the price, the count, and the average price is aggregated also the same are grouped with day too.
The volume of the top shots over time is charted here and it is seen that the volume is decreasing over time with dips in between .The highest volume is 1.1 M on April 26, 2022 and also seen that the volume has reduced in the last week abruptily.
The volume time is aggregated over time and it is charted with three timeframes it is seen that the highest volume per day was before the conference finals. Also the volume has managed to increase even during the conference finals.
The sales in the FLOW tokens over time are charted here for time and the sales also seem to follow the same volume and the highest sales are before the conference over time. The highest sales is on May 6,2022
The buyers over time are charted here by following the same trend as before and it is seen that the buyers over time are charted and as seen by the sales over time and the highest number of buyers are also on May 6, 2022.
The transactions done by the top 10 NBA hot shots per day in the past month is shown here and they are aggregated by the colours indicating the each users and it is seen that June 3 faced the highest number of transactions.
Following the bar graph here,the volume of the transactions done by the top 10 hot shots of the NBA are displayed here and it is also aggregated with the colours indicating the users and the graph indicating the volume of transactions.
The bar diagram shows that for each play type the count is displayed and it is seen that Rim has the highest count and the right has the line chart of all the playtime of the hot shots and it is seen that the trend has been decreasing over time.Over time there is an increase in the count on May 6 and then there starts a decrease and in the recent days it has followed to decrease and may be reaching absolute zero.
The total volume which is the sum of the price per playtime is aggregated with different play types and the Rim is seen to have the highest price then the price over time is aggregated and the trend is seen to decrease over time.It is seen from the trend that play type RIM has some ups over time, particularly one in June, and also it is seen that the trend of all other play type is also decreasing over time.
The trend followed by the average price over time and also the bar graph indicating the play type is aggregated with the average price and it is also seen that the average price is high for the play type of Dunk/Layup where the average price ups than the Rim and also the trend is seen that the highest up on the average price is on May 20,2022 which is also on the same Dunk/Layup.The average price is different from the other two which indicates that this play type has managed to make large price transactions.