Optimism NFT Purchasing Behavior

-- Show the distribution of all NFT sales on Optimism by price. -- What percentage of all sales have been above .01 ETH? Above .1 ETH? 1 ETH? -- Do you think that there is a limit to how high a floor for a NFT collection on Optimism can reach compared to on Ethereum?

Methodology

We find all the NFT Sales from both ethereum.core.ez_nft_sales and optimism.core.ez_nft_sales tables.
We are only considering sales starting from 2022-01-01
Once we have all the sales, we then plot various metrics like Number of Sales based on Price, Number of Buyers and Sale Volume, all based on various categories of price on which these sales are made.
To compare against Ethereum we do the same thing.
The query are based off of another base query, SQL Credit

Comparing Ethereum NFT Sales

Most of the Ethereum NFT sales started in Jan 2022 and have seen a downward trend, however the number of sales are way too high as compared to Optimism.
Oct 2022 has been weak so far and it seems like Oct 2022 may not overtake Sep 2022 in terms of the number of sales.
Most of the sales are for 0.01-0.1 ETH with a total of 6.6M sales since the beginning of they year.
- Next most of the sales are for 0.1-1 ETH with a total of 6.5M sales since the beginning of they year.
- Followed by <0.01 ETH for a total of 2M Sales.
The highest Sale Volume however is for the >10 ETH Category with 14M ETH followed by 0.01-0.1 ETH category with 62.4K ETH total sale volume.
The highest number of buyers are for the 0.01-0.1 ETH category, with a total of 1.77M since the beginning of the year, followed by 0.1-1 ETH with 1.68M buyers.

Floor Price

Looking at various metrics, Optimism has a long long way to go to if it is to match Ethereum.
The Average NFT Sale price for ETH is 1 ETH whereas for Optimism it is 0.01ETH.
Reaching a high floor price of 0.1ETH might be possible for Optimism but 1ETH will take a while, since the highest sale on Optimism till date is only 6.15 ETH.

Optimism NFT Sales

Most of the Optimism NFT sales started in Apr 2022 and peaked in Sep 2022 with the total of 47K sales in Sep 2022 alone.
Oct 2022 has been strong so far and it seems like Oct 2022 may overtake Sep 2022 in terms of the number of sales soon.
Most of the sales are for <0.01 ETH with a total of 126K sales since the beginning of they year.
- Next most of the sales are for 0.01-0.1 ETH with a total of 40.6K sales since the beginning of they year.
- Followed by 0.1-1 ETH for a total of 5K Sales.
The highest Sale Volume however is for the 0.1-1 ETH Category with 1.15K ETH closely followed by 0.01-0.1 ETH category with 1.06K ETH total sale volume.
The highest number of buyers are for the < 0.01ETH category, with a total of 50.7K since the beginning of the year, followed by 0.01-0.1 ETH with 30K buyers.
<0.01 ETH accounts for the 73.2% of sales, followed by 0.01-0.1 ETH with 23.5% of the sales.

Conclusion

Looking at various metrics, Optimism has a long long way to go to if it is to match Ethereum.
The Sale volume and number of sales of Ethereum is way too high as compared to Optimism.
The Average NFT Sale price for ETH is 1 ETH whereas for Optimism it is 0.01ETH.
Reaching a high floor price of 0.1ETH might be possible for Optimism but 1ETH will take a while, since the highest sale on Optimism till date is only 6.15 ETH.