New NFT Mints

Q76. How many total new NFT projects have appeared on Magic Eden per day since the start of the new year (as in new projects that have minted that day)? Compare that to the total number of new NFT projects that were minted/created on Ethereum? Create a dashboard comparing the growth rates of the number of new NFT projects on Solana and Ethereum and understanding the amount of sales activity on ""new projects"" for each chain.

Introduction:

According to the question, the daily number of mints and projects that appeared on Solana and Ethereum blockchains are investigated in this bounty.

The main objective of this bounty is to find the application of these two blocchain in hosting NFT projects in 2022.

The growth rate of projects on these blockchains are estimated and compared with each other to track the acquired investigation.

First of all we should find the minted NFTs on both Solana and Ethereum blockchains.

After that, their appearance on the NFT sale marketplaces should be analyzed.

The selected marketplaces are:

Magic Eden on Solana
OpenSea on Ethereum

Magic Eden (Solana)

OpenSea (Ethereum)

The next 4 figures are related to the appearing NFTs on OpenSea as a greatest marketplace of NFT sale on Ethereum and crypto market.

The sales activity, daily mints and projects on OpenSea most appeared on the January and they decreased in the next months of the 2022.

The slope of grow rate validate this statement.

Summary:

In this section, the summary of results and comparison of Solana and Ethereum are provided as:

The slope of growth for NFT mints on Solana is sharper than Ethereum and it shows the growth of application for Solana blockchain in hosting NFT projects.
The sale activity of Ethereum is much more than Solana and its normal because of the history of OpenSea and Ethereum blockchain in crypto market.
The performance of Magic Eden as a leading marketplace on Solana is very satisfying and hopeful.

The first 5 figures represented the features on NFT mints and projects on appearing on Magic Eden marketplace on 2022.