FLOW Usage During the NBA Playoffs

    Q19. Analyze the NBA Conference Finals (May 17th- May 29th) and determine whether it had an impact on NBA Top Shot's volume.

    Did the Warriors, Celtics, Mavericks, or Heat see higher sales volume?

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    NBA Top Shot is an NFT marketplace where sports fans can buy, sell and trade basketball video clips. Launched in 2020, NBA Top Shot is a partnership between the NBA and Dapper Labs, the creators of CryptoKitties. High-profile investors include the NBA legends Michael Jordan, Kevin Durrant and Klay Thompson.

    In this article, we first want to check the top five teams in terms of activities and see which five teams received the most impact from the conference on May 17 to May 29.

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    As we can see in the first chart and the first table, the top 5 teams are shown based on trading volume The second chart showed the top 5 teams based on the number of transactions, respectively, and the results of the first and second charts are the same

    Because the most effects happen on the most popular teams in this nft collection Therefore, it is possible to examine the top teams instead of all teams and examine their events and the effects they have received from the conference and generalize the results to all teams.

    As we can see, in the period of time that can be seen in the graph above, the largest increase in trading volume took place on May 22, which indicated the effectiveness of this conference.

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    In the last chart that shows the number of transactions, again on the 22nd of May, the largest number of transactions occurred in this period of time, and after that it gradually returned to the previous state.