Let’s look into wallet activity with regards to Algorand NFTs.

Q95. How many active wallets are buying/selling/transferring NFTs monthly? What percent of Algo wallets hold an NFT? What’s the number of total wallets that have minted NFTs and put them up for sale, month over month and cumulatively? What projects are the most popular, generating the most transaction volume this month?

Introduction:

In this bounty, the behavior of wallets on NFTs of Algorand is analyzed.

The activity of wallets are estimated based on these metrics:

Monthly number of buyer and sellers
Monthly number of Mints
Wallets that hold NFT
Top NFT projects on Algorand

The monthly number of buyer and sellers of NFTs on Algorand shown in this figure.

It can be seen that, since Sep 2021 the activity of wallets is increased and reached its highest level on Nov 2021.

The aim of this donut chart is to find the percentage of NFT holders between all of the Algorand accounts.

As shown only 0.246% of users hold NFT in their wallets.

The monthly and cumulative mint of NFTs on Algorand shown in the two figures.

As shown since start of 2022, the number of NFTs minted on Algorand are increased.

The highest amount of mints happened on May 2022 with more than 64000 mints.

The cumulative figure validates the promising movement of NFT mints on Algorand.

The last part discuss about the top NFT projects on Algorand based on number of sales on marketplaces.

According to this chart, the NFT Gocery and NFTrade are the two most used NFT projects on Algorand.

The Methodology of this bounty is based on these stages:

Identifying NFTs based on Asset_id --> use ASSET_NAME ilike '%nft%'
Buy and sell actions --> use flipside_prod_db.algorand.ASSET_TRANSFER_TRANSACTION
NFT holders --> use flipside_prod_db.algorand.account_asset
NFT mint --> use joining algorand.asset and algorand.block to find mint date