Solana NFT Project Feature

Choose a NFT project from the following list and create a dashboard with the new Flipside dashboard layout that can refresh once a day highlighting at least 4 metrics of your choosing that helps show the "health" of the project. Note any noticeable trends or current events for the project. Highlight how liquidity is flowing in and out of the project and what types of buyers and sellers are interacting with the project.

Description

In this dashboard, we chose The Catalina Whale Mixer project and tried to examine the health of this project from various aspects.

About Catalina Whale Mixer

The Catalina Whale Mixer was created for all Whales; in life, in business, and in culture. It was created for those who refuse to live within the limitations others set for you, who take risks, work hard, party hard, and live life to the fullest.

The Catalina Whale Mixer is a community
It’s a Non-Fuckwithable Token
The Catalina Whale Mixer is a web3 global entertainment franchise, created with users and for users.
The Catalina Whale Mixer is the first project from Wagmi Beach. WAGMI Beach is a web3 native creative technology and entertainment studio developing rich, original IP on the Solana blockchain.
The Catalina Whale Mixer is a creative universe inclusive of television, music, events, and collectibles.
The Catalina team plans to work with some of the world's best television writers, animators, and production partners to develop a 30-minute animated episodic adult comedy series in the world of the Catalina Whales. Characters in the series will be cast from users, the Catalina Whales Genesis Collection holders.

More info …

Methodology

In this dashboard, the following tables are used to extract data:
- solana.core.fact_nft_mints
- solana.core.fact_nft_sales
- solana.core.dim_labels
In this dashboard, the health of this NFT project is analyzed using the following metrics:
- The number of minters
- Number of distinct purchasers
  - Top buyers
  - Number of daily purchasers
- Number of distinct sellers
  - Top sellers
  - Number of daily sellers
- Sales volume
  - Sales volume in different NFT marketplaces

And …

Data Analysis

A total of 2,170 distinct addresses minted 5,560 NFTs from the Catalina Whale Mixer collection at a price of 1.008 SOL.
So far, the number of purchasers of Catalina Whale NFTs has been less than its number of distinct sellers, indicating that some addresses bought a few NFTs from this collection. On the other hand, the sales volume of NFTs of this collection has been more than 216k SOL so far.

Examining the chart of the top minters shows that the top minter has minted 350 NFTs from this collection. The second and third addresses have minted 181 and 100 NFTs respectively. On the other hand, other top addresses have also minted a large number of NFTs from this collection. This issue is considered a negative point for this project because it is against decentralization.
Examining the chart for the top 10 sellers by SOL volume shows that the top seller earned about 2,762 SOL for sale of NFTs of Catalina Whale Mixer collection. Of course, the interesting point is that this seller did not sell the largest number of NFTs, but the address 8kDDEMacveq1BFWuJZ4SZ1yYLPb3gkQFJYgxyvJAiAjc sold the largest number of NFTs in this collection with 119 sales. This address has received about 1,107 SOL so far from selling this number of NFTs.
The address EPmBRVZxv2Fsy41R1tmgdDCUmCWWMhm9roFN4dFm has paid the most SOL to buy Catalina Whale NFTs so far. This address paid about 2,980 SOL to buy 62 NFTs from this collection. But the largest number of NFTs has been bought by the address 8kDDEMacveq1BFWuJZ4SZ1yYLPb3gkQFJYgxyvJAiAjc (This address has traded the largest number of NFTs from this collection so far). This address has paid 1,082 SOL to buy 128 NFTs.

Examining the chart related to the number of daily purchasers shows that the number of purchasers decreased over time. In the first days, the number of purchasers was very high, but in recent days, the number of purchasers has decreased to only a few buyers. The largest number of purchasers in different NFT marketplaces are:

Magic Eden → Dec 17, 2021 → 1,626 purchasers
Solanart → Dec 18, 2021 → 48 purchasers
Solport → Only 2 purchasers in total → Mar 23& Apr 1
Opensea → Apr 26, 2022 & May 2, 2022 & May 18, 2022 → 6 purchasers

About 97% of users bought NFTs of this collection only at Magic Eden. The rest of the buyers used other marketplaces to buy these NFTs.