Crossover with NBA Top Shot
Question:
Q9. Which Flow NFT projects appear to have the most crossover of buyers with NBA Top Shot addresses? Is NBA Top Shot an effective onboarding tool in getting users interested into other Flow collections? Does this crossover tend to come from Top Shot "whales", or does the crossover come from average to smaller players? How can Flow projects better attract liquidity from Top Shot players?
Approach:
NBA Top Shot allows users to buy, sell, and collect NBA NFTs that showcase influential “Moments” minted on the FLOW blockchain. Some Moments are rarer than others, with the rarest versions being worth the most. Moments are minted in “Packs,” much like you'd expect from physical trading cards.
The crossover between buyers of various NFT projects has been investigated in this essay.
The methodology of this essay contains:
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specifying Top Shot buyers
distinct BUYER from flow.core.fact_nft_sales where NFT_COLLECTION='A.0b2a3299cc857e29.TopShot'
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Selecting unique buyers from other NFT collections excluding Top shot.
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Defining whales
'Whales: over 100 NFTs' -- according to the number of buys.
**Discussion:
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**The NFT collections with most crossover from buyers of Top Shot have been identified. According to the first bar graph, the PackNFT has the highest crossover among projects and RCRDSHPNFT stands in the second place.
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The area reveals the crossover from Top shot buyers over time. According to this graph, the PackNFT, RCRDSHPNFT and AllDay dominated the crossovers from Top shot buyers.
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we could say that, the buyers of Top shot collection have desire to buy the NFTs from PackNFT, RCRDSHPNFT and AllDay more than other collections.
Discussion:
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The distribution of Top shot buyers with number of bought NFT shown in the first pie graph. According to that, the 68% of buyers are small size user with lower than 10 NFT buying.
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Furthermore, the 3.08% of Top shot buyers are whale with more than 100 NFT buying.
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The second pie graph reveals the type of buyers that crossover from top shot collection to other ones. According to this graph, only 6.72% of crossovers occurred by whales and rest othem take place by small or medium size users.