Question

• Analyze the NBA Conference Finals (May 17th- May 29th) and determine whether it had an impact on NBA Top Shot's volume.
• Did the Warriors, Celtics, Mavericks, or Heat see higher sales volume?

Introduction

NBA Top Shot is an NFT marketplace where sports fans can buy, sell and trade basketball video clips. Launched in 2020, NBA Top Shot is a partnership between the NBA and Dapper Labs, the creators of CryptoKitties. High-profile investors include the NBA legends Michael Jordan, Kevin Durrant and Klay Thompson.

Link

Methodology

• In this dashboard, the following tables have used to extract information:
  • flow.core.dim_topshot_metadata
  • flow.core.fact_nft_sales
• In this dashboard, the impact of the NBA conference finals on the sale of NFTs in the Top Shot market is analyzed.

Data Analysis

The chart below shows the number of sales on Top shot. The time frame related to the NBA Conference Finals is shown in red.

• The highest number of sales is related to May 6, 2022. (67.46k)
• The number of sales has gradually decreased since April.
• The highest number of sales in the NBA Conference Finals was recorded on May 18.(27.11k)
• Similar to the general trend of the chart, during the NBA conference finals, the number of sales has gradually decreased.

In the next step, the sale of NFTs related to Boston Celtics, Dallas Mavericks, Golden State Warriors and Miami Heat teams will be examined.

The highest number of NFTs sold related to each of these teams was recorded on the following days:

• Boston Celtics → May 22 → 1,561
• Dallas Mavericks → May 25 → 1,836
• Golden State Warriors → May 22 → 1852
• Miami Heat → May 22 → 1,669

According to the chart below, it is clear that during the NBA Conference Finals, the number of sales of NFTs related to the introduced teams was higher than at other times.

The highest sales volume of NFTs related to each of these teams was recorded on the following days:

• Boston Celtics → May 22 → 16.33k

• Dallas Mavericks → May 25 → 29.5k

• Golden State Warriors → May 22 → 29.814k

• Miami Heat → May 22 → 22.053k (The largest sales volume of Miami Heat team NFTs of all time)

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Among these 4 teams, the highest volume of sales belongs to the Golden State Warriors team. On the other hand, the lowest volume of sales was related to Boston Celtics.

But in terms of the number of NFTs sold, the highest number of NFTs sold among these 4 teams was related to the Dallas Mavericks(8,707). On the other hand, the lowest number of NFTs sold was related to the Miami Heat team.(6,502)

The chart below shows the 10 addresses that bought the most NFTs related to these teams. The top address bought 104 NFTs during the NBA Conference Finals.

• 0xffee4f34acfc3ea6 → 104 NFTs
• 0xe4f9aebd8940f223 → 58 NFTs
• 0x481d807ce774df1d → 53 NFTs

The 10 addresses that had the largest volume of purchases are also shown in the graph below.

• 0x2b5852e21f5cf0af → 10,122 $DapperUtilityCoin
• 0x08c2ce90cf8a0b68 → 8,762 $DapperUtilityCoin
• 0x8ecaf48ce609159a →7,402 $DapperUtilityCoin