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    Foundation Mint and Sales

    Foundation is an NFT platform that allows creators to mint their work as NFTs on the Ethereum blockchain. Foundation also offers an NFT exchange allowing creators to sell their work. For more details, please see foundation.app. Using the Ethereum_core schema, analyze mint and sales activity on the Foundation platform over the past 3 months. How does the token transfer volume on foundation compare to that of OpenSea Shared Mints?

    Introduction:

    Foundation is a platform that aims to build a new creative economy—a world where creators can use the Ethereum blockchain to value their work in entirely new ways, and build stronger connections with their supporters.

    As said in the question, by the use of foundations creators can mint and sale their NFT on Ethereum blockchain.

    In this dashboard, the application of Foundation on Ethereum is analyzed from these aspects:

    1. NFT mint
    2. Sale performance on Foundation
    3. Compare with Opensea shared mints
    4. The analyze is done from start of 2022.
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    The sale performance of Foundation is shown in this figure. This figure contains the number of wallets that take a bid, number of sellers and total sales per day.

    As shown in this figure, all of these three parameters are strongly correlated with each other and this is normal.

    From the start of Feb, the total sale on Foundation are decreased. Also other parameters dropped respectively.

    In this figure, the Foundation sale is compared with opensea shared mints. As shown in this figure, the total sale of opensea shared mints was higher than Foundation. The maximum number of sales for opensea shared mints happened on Feb 21 and the number of sales was more than 20000 sales.

    The daily mint application of Foundation by creators is shown in this chart. As shown in this chart, the total number of mints and related creators were high in Jan. After that, these numbers dropped and the application of Foundation decreased.