What makes a Top Shots moment valuable? (Part I)
Question:
Create an analysis on NBA Top Shots moments and attempt to uncover any correlations between a specific category and sales volume.
This week, focus specifically on the play_type column in the flow.core.dim_topshot_metadata table. What play_types do users hold most, and how much volume in sales do these play_types generate? Include any other transactional metrics you can think of.
Overview of essay:
The NBA Top Shots moments have been categorized with play types on NBA games. The impact of these play types on sales has been studied based on these metrics:
- Sale volume and count
- Distinct buyers and sellers
- Average purchased price by buyers
- Use buckets based on sale price and grouped the purchasers by play types
- Whales tendency on play types
- Hold duration for play types
Approach:
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Play types
PLAY_TYPE from flow.core.fact_nft_sales x left outer join flow.core.dim_topshot_metadata y on x.NFT_ID=y.NFT_ID where TX_SUCCEEDED='TRUE' and x.NFT_COLLECTION='A.0b2a3299cc857e29.TopShot' and x.CURRENCY='A.ead892083b3e2c6c.DapperUtilityCoin'
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Buckets of sales by price
CASE WHEN PRICE <= 10 THEN 'a.below 10' WHEN PRICE > 10 and PRICE <=50 THEN 'b.10-50' WHEN PRICE > 50 and PRICE <=200 THEN 'c.50-200' WHEN PRICE > 200 and PRICE <=1000 THEN 'e.200-1000' WHEN PRICE > 1000 THEN 'f.above 1000’
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Whales
Buyers with average price over 1000 USD as whales
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Hold duration
Find time duration by DATEDIFF(day,x1, x2 ) for buy and sell time of each NFT_IDs
Key findings 1:
- The overall sale volume for play types reveals the highest sale in total belongs to Rim plays with near 3 million sale volume. The 3 pointer is the second most sale play type on NBA Top Shots with 1.7 million USD.
- About 41% of sales count belong to the Rim play type and its the highest play type in sale count aspect.
- The average purchased USD per buyer shown in scatter plot and reveals the value of Rim play types by 170 USD as average purchased value per buyer.
- The sale volume and count of play types on NBA Top Shots validated the comments on previous statements and shown the domination of Rim and 3 pointer.
- One of the most used graph to evaluate the value of play types is cumulative sale volume over time and according to this graph, the Rim, 3 pointer and Assist have most promising movements.
- The buckets introduced based on sale price. After that the share of sale count based on play types demonstrated in each bucket. As illustrated in this graph, the share of 3 pointer plays has been increased by increasing the sale price.
- The play types that is popular among whales is 3 pointer with 30% of sales among whales. The Assist is the second most used play type between whales and the Rim got the third place and popularity among whales.
- The play types have been illustrated based on hold duration on scatter plot and displays the high duration time for 2 pointer and the main reason of that is because of low sales on this type on NBA Top Shots.