Solport vs. Magic Eden

    Q48. Solport - a NFT marketplace on Solana - launched a V2 on March 12th that includes various new features for marketplaces. Beginning on March 12th, compare the NFT sales volume on Solport to Magic Eden's sales volume. How many unique wallets have used Solport over that timeframe compared to Magic Eden?

    In the following chart, we compare the NFT sales volume in Solport and Magic Eden on a daily basis according to this survey:

    • The highest sales for Magic Eden on March 29, 2022
    • The highest sales for Solport were on March 29, 2022
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    In the chart below, we compare the number of unique wallets in Solport and Magic Eden on a daily basis according to this survey:

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    In the following chart, we compare the number of transactions in Solport and Magic Eden on a daily basis according to this survey:

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    In the following chart, we examined the sales volume in the 'Taiyo Robotics' project on a daily basis, based on which:

    - We are seeing the growth and start of sales for Solport on March 22, 2022
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    Conclusion:

    Sellers seem to care more about access to liquidity than the growth of their market, and the market and sales volume in Magic Eden are much higher than Solport and are not comparable, both in terms of the number of unique wallets and in terms of sales volume. Both in terms of the number of transactions and this seems obvious.