observations

• NFT sales trend has been increasing based on the number of NFTs sold in both networks.
• The number of NFT sales in the Algorand network is about 7 times that of the Optimism network based on the monthly average and the total number of sales.

Introduction

The Optimism and Algorand networks are among the leading networks in the NFT sales markets. These two networks offer different NFT collections in their markets. In recent months, the NFT sales in the Optimism network have grown significantly,

And with the World Cup approaching, the NFT market is also hot on Algorand network.

Dashboard Purpose

Our purpose of this dashboard is to compare NFT sales in Optimism and Algorand networks,

We are going to check the different sales statistics of NFT in these two markets and compare them during the two networks

Methodology

In this dashboard, the key table core.ez_nft_sales has been used to compare the NFT markets of Optimizm and Algorand networks. In this dashboard, the desired key data has been called from the databases of the 2 networks.

observations

Based on the chart on the left,

The number of new buyers who have joined the NFT buying market on the Optimism network has increased significantly since April 2022. In October, about 28,000 new buyers were added to the Optimism network, which is about 5 times more than Algorand network in the same month.

observations

According to the chart on the left, the average number of NFT purchase transactions per hour in the Algorand network is about 4 times that of the Optimism network.

observations

According to the diagram on the left, we can see that the number of collections and the number of NFT tokens in the Algorand network is about 10 times that of the Optimism network.

Collections and NFT Token Stats

Sales Volume (USD)

observations

• The total volume of NFT sales in Algorand network is about 3 times that of Optimism network.
• The average monthly sales volume in the Optimism network has reached half of the sales volume in the Algorand network.
• The average total volume of sales in the two networks is almost equal.

observations

• In both networks, users tend to buy NFTs with a price of $1 to $100.

• In November, the desire of users on the Optimism network to buy NFTs with a price of $10 to $100 increased and reached 51%.

• As we can see, at the beginning of 2022, the willingness of users to buy tokens with a price of $10 to $100 was more and it was about 72%, while in Algorand network, this share was about 47%.

observations

• The sales volume of top collections in Optimism network is more than Elgorand network.

• Optimism collection from Optimism network and Mamamia collection from Algorand network have the largest share in the volume of NFT sales in these two networks this month.

• In terms of volume, NFT buying champions have been stronger in Algorand network and have bought more volumes.

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Sales Volume (sold Count)

observations

• The number of buyers who bought at least 1 NFT in the Optimism network is about 10 times the number of buyers who bought at least 1 NFT in the Algorand network.
• FIFA collection tokens in Algorand network and Project Galaxy tokens in Optimism network had the highest number of sales.
• NFT purchase champions have been stronger in Algorand network based on the number of purchases and have purchased more tokens.

Buyer Stats

observations

After April 2022, the number of NFT buyers in the Optimizm network has surpassed Algorand, and so far the number of buyers of the Optimizm network is about 2 times that of the Algorand network on an average monthly and total basis.

observations

• The majority of NFT buyers in the two discussed networks have made between 1 and 10 NFT purchase transactions, followed by buyers who have made between 10 and 50 purchase transactions,and in this month, more than 99% of the buyers in the Optimism network and more than 70% of the buyers in the Algorand network have made between 1 and 10 NFT purchase transactions.
• Champion collections based on the number of buyers in the Optimism network are stronger and have more buyers than the Algorand network.

Conclusion

In this dashboard, we compared NFT sales in the Optimism network and Algorand, and we saw that Optimism network, although it is a newer network than Algorand, and the NFT market was launched later than Algorand in terms of dollar sales volume in recent months from Algorand has overtaken and has more buyers than Algorand and more new buyers have joined this network over time.