Introduction

NBA Top Shot has launched a new world of digital basketball collectibles in the form of non-fungible tokens (NFT). Similar to the enthusiasm we had for collecting traditional sports business cards, this project has also made it available to us with blockchain technology. The platform runs on the Flow blockchain and allows users to trade digital assets based on video clips of NBA games.

Moments are featured video clips sold as NFTs in NBA Top Shot. Just like other NFTs, Moments increase in value based on their rarity. The rarer the video clip, the higher its potential value as an NFT.

Image Source

If we look at the price chart of NBA Top Shots moments, it can be said that their price was the highest on average from April 20 to May 5. But then, on May 6th, the price dropped sharply. The most expensive of them is related to the Mid-Range play-type, which was sold on April 24 at a price of $5077. On May 20th, the Dunk-Layup play-type was sold at the price of $4265.

In terms of sales volume, the highest volume is related to:

• Rim Play-Type with 10.5 million dollars,
• 3-Pointer with 5.8 million dollars
• Assist with 4.4 million dollars.

From April 20 to May 6, the average total sales volume was more than 0.5 million dollars, but after this date, the sales volume decreased and only on June 7, the sales volume was close to 1 million dollars. As it is clear from the graph, Rim Play-Type has the largest sale volume on most days. As a matter of fact, on April 26, about 1.24 million dollars was related to the sale of NFTs with Rim Play-Type.

The number of transactions related to the purchase and sale of NFTs with polytype rims has also been the highest and nearly 128 thousand transactions have been registered for it. Also, Polytype 3-Pointer is ranked second with 49,000 transactions, followed by Assist with 42,000 transactions.

So, Rim Play-Type has won the first rank both in terms of sales volume and the number of sales.

Now let's look at the number of trades for each playtype on a daily basis from April 20 to today. As mentioned above, Rim is the first in terms of sales, but it is seriously followed by 3-pointer, Assist and Block Play-Types.

Important dates: May 4, May 6, May 13, May 16, May 22, May 27 and June 1

The maximum time that each of the Play-Types has been held is more than 80 days, and only Dunk/layup and 2-Pointer are in the last ranks with 66 and 61 days, respectively.

Conclusion

• The maximum price is for Mid-Range Play-Type was $5077.
• Polytype RAM ranks first with 36.4% of the sales volume.
• Playtype Rim is ranked first with 127,942 transactions.
• Most users have held Playtype Handles. On the other hand, it can be said that this playtype has attracted less attention of users for buying and selling, or that users have more desire to keep it.

Analysis

The average period of time that users have been holding NFTs based on their Play-Type is about 13 days. The average hold time of each is as follows:

1. Handles : 15.16 days
2. Steal : 14.47 days
3. 2-Pointer : 14 days
4. Mid-Range : 13.57 days
5. Assist : 12.45 days
6. Dunk/Layup : 12.17 days
7. Rim : 12.06 days
8. Block 11.07 days
9. 3-Pointer : 10.26 days

Methodology

In this dashboard, we use the following tables to check the relationship between sales volume and ‘play type’, as well as to obtain ‘play type’ that are most held by users:

• ‍flow.core.dim_topshot_metadata
• flow.core.fact_nft_sales
• flow.core.fact_prices

We also use the following charts and results for our analysis:

• Daily Average Price of NBA Top Shots based on ‘Play Type‘
• Daily Sales Volume of NBA Top Shots based on ‘Play Type‘
• Daily Sales Number of NBA Top Shots based on ‘Play Type‘
• Daily Sales Volume of NBA Top Shots based on ‘Play Category‘
• Average Holding Time of each ‘Play Type’
• Maximum Holding Time of each ‘Play Type’

Although Rim, Block and 3-Pointer had the largest volume of sales and the largest number of transactions, their average hold time is the lowest.