FLASH BOUNTY: FLOW NFT Floor Tracker

    -- Let’s sweep some floors. Build a dashboard that tracks the floor by contract for various NFT projects in the FLOW ecosystem. -- We’re interested to see how you come up with your own methodology. -- Include at least five projects in your dashboard, as well as any interesting metrics, notes, trends, or outliers that you see. -- BONUS: Post your dashboard on Twitter and tag @flipsidecrypto and any relevant accounts!

    Methodology

    • We are looking at the Top 5 NFT Collections of the Flow block chain by sales volume.
      • This value is configurable and this can be changed
    • Once we have those 5, we look at various metrics like:
      • Number of sales.
      • Sales Volume
      • Number of Buyers
      • 7-Day moving average
      • 30-day moving average which we consider as the Floor Price
      • Average number of buyers
      • We also look at the Average and median price.
      • We also look at the number of NFTs held per Wallet.

    Number of Buyers

    • The number of buyers have been dominated by TopShot since the beginning of the year.
    • The highest was 55K on Feb 11, 2022, most of it was contributed by PackNFT with 40K alone.
    • Since Aug 2022, AllDay has been taking over and has been leaving behind TopShot in terms of Number of Buyers.

    Sales Volume

    • The Sales Volume peaked on Feb 18, 2022 with a total of 11M $FLOW in Sales Volume.
    • PackNFT alone contributed for 7.1M $FLOW of the sale volume.
    • After that the daily sale volume has been around 1M $FLOW, Sep and Oct 2022 did see a slight spike, however that has died down.

    Average Sale Volume

    • The average sale volume has taken a hammering it had been hovering around 2.5K $FLOW since Mar 2022.
    • Since Apr 2022, the average sale volume has just been hovering around 200-300 $FLOW.

    Top 5 NFT Collections

    • Top Shot, All day, PackNFT, UFC_NFT and Gaia are the Top 5 NFT collections by Sales Volume since the beginning of the year.
    • Top Shot wins with 212M $FLOW in sales volume followed by All Day with 68M $FLOW
    • The number of buyers for Top Shot are 138K, where as they are 46K for All Day and 92K for PackNFT.
    • The number of sales for Top Shot are 8.5M, followed by 1.76M for AllDay and 528K for PackNFT.
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    Conclusion: Floor Price of Top NFTs

    • Floor Price is defined as the 30-day moving average of each NFT.
    • The Floor Price of Gaia was around 2.5K $FLOW, however that has come crashing down to 224 $FLOW from Jan 2022 to Aug 2022.
    • For the other NFTs Floor price has been hovering around 75-100 $FLOW range.
    • However the overall the Floor price is seeing a decline.

    Cumulative Sale Volume

    • Cumulative Sale Volume has been dominated by TopShot, however AllDay has come in since Mar 2022 is just rising amongst the ranks.
    • PackNFT has been in the third place with a total of 41.2M $FLOW in cumulative sales.
    • TopShot leads the ranks with 212M $FLOW, followed by AllDay with 68.5M $FLOW.

    Average Number of Buyers

    • The average number of buyers has been going down.
    • PackNFT has had the highest number of buyers since the beginning followed by TopShot.
    • One thing to note is the average number of buyers for Gaia are quite low, however the Average Sale Volume is dominated by Gaia.

    Overall Sale Price Stats Median and Average

    • The Median sale is highest for Gaia with 300 $FLOW as median sale, with others as low as just 54 $FLOW for PackNFT and 16 $FLOW for AllDay.
    • The average Sale price tells the same story with 863 $FLOW for Gaia and 76 $FLOW for PackNFT and 47 $FLOW for All Day.

    Average Number of NFTs Held Per Wallet

    • TopShot holders are the ones holding the most number of NFTs per wallet with 61 NFTs.
    • AllDay holders are the ones holding the second most number of NFTs per wallet with 38 NFTs.