Art Gobblers is a pre-reveal NFT project that generates "goo" when you feed it (upload) art you've created. Some say the project is revitalizing NFTs in the bear market - Compare various metrics across NFT activity to support or oppose that idea. Then evaluate how the project's metrics stack up to other top NFT collections before their art reveals.

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    Create a dashboard that shows off stats for Art Gobblers NFTs, and compare it to other top collections. Include at least these metrics, along with any others you find notable or interesting:

    • Mint volume
    • Total and Average Sales Volume
    • Secondary Sales vs Mint sales
    • Daily Average Sales Price and 7-day moving average
    • Floor price
    • % of Gobblers Listed
    • Total Unique Buyers
    • Social Mentions/Shares
    • Any available metrics on GOO token and art uploads
    • Broader activity in the NFT space

    Methodology

    In this purpose, we will examine free mint Art Gobblers NFT collection.

    This new collection has been created and information is available from October 31st to November 2nd. This review includes the following analysis:

    Mint’s activity

    Sale’s activity

    Price and Volume

    Hold Time

    Conclusion

    After analyzing this NFT collection, the following information was obtained:

    • As you can see, the largest number of transactions was through opensea with about 76% and 78% of the transactions were also done through opensea with about 6240 Eth. After that, x2y2 and then sudoswap were the most popular marketplaces.
    • In the first hour after its creation, the number of minters and sellers was high and after that it decreased a lot.
    • average price has increased starting from 19.7k USD and reached 25k, and moving average 20-50-200 has also increased. This shows that this collection can be profitable in the long run.

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    • volume of transactions for this group is decreasing and has reached from 6M USD to 2M.
    • 77% of the holders have held only 1 NFT, and in the second place, 9% of them have held 2 NFTs.
    • highest number of NFT held by 1 wallet was 67 NFT.
    • average time for holding NFTs was 0.3 days for minters and traders, which is almost 9 hours, and this is less compared to the holding time for other collections.

    Conclusion

    Art – core focus

    Art is the central focus of the NFT project, and the desire of artists to create art within the Art Gobblers’ ecosystem will play a key role in its success.

     This is where the flywheel effect will become very important. If the cultural relevance and early community attract good artists, then demand will increase, artists will be motivated to create more and better art, and the wheel will take flight.

     

    Early on, some popular artists have submitted some really cool art to start the flywheel with a positive attitude.

    Hold Time

    Mint’s activity

    Sale’s activity

    Price and Volume

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    You can see that on average each holder holds 2 NFTs. And the total number of holders is now 889.

    But you can see that 77% of the holders have held only 1 NFT, and in the second place, 9% of them have held 2 NFTs.

    You can also see that the highest number of NFT held by 1 wallet was 67 NFT.

    In this section, you can see that the average time for holding NFTs was 0.3 days for minters and traders, which is almost 9 hours, and this is less compared to the holding time for other collections.

    we want to find the Average Holding period of this NFT collection by its holders

    In the charts below , the holding Period of this NFT collection was shown and is categorized by the holding time for those who minted this NFT and sold it first . (mint ->first sell period )

    In this part, we want to find the Average Holding period of this NFT collection by its holders

    In the charts below , the holding Period of this NFT collection was shown and is categorized by the holding time for those who bought this NFT and sold it . (bought ->sell period )

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    The numbers above show the number of sell transactions, the number of buyers, sellers, the number of NFTs sold, the total fee paid for transactions, and the volume of transactions.


    Because this collection is newly created, we have shown its analysis in terms of hours. The graphs show that in the first hour after its creation, the number of minters and sellers was high and after that it decreased a lot.

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    In the first part, the number of minters in 3 days, the fee paid for minting NFTs in average and total and number of minted NFTs are shown.

    Note that this collection was free mint.

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    Art Gobblers

    Successfully launched on October 31 and skyrocketed above 17 million in trading volume on the Opensea, Art Gobblers NFT is on wonder one of the most talked about new projects that sweep the NFT community. It is actually a somewhat confusing project to grasp.

    Four major parts of Art Gobblers project – how it works?

    The project includes four major components:

    • Gobblers: the creative characters that”gobble” art

    • Goo: the native token, obtainedby Gobblers

    • Art: central focus, created on blank pages

    • Blank pages: canvases on whichart can be created


      The Art Gobblers economy has kicked off.

      Art Gobblers, the factory NFT collection designed by Rick and Morty co-creator Justin Roiland and crypto investment firm Paradigm, launched Monday to much fanfare, with the collection’s NFTs immediately selling for upwards of $20,000 on secondary markets—despite being minted for free.

      24 hours later, these Gobbler NFTs started producing GOO tokens. GOO tokens can either be collected in order to expand a Gobbler’s GOO production capabilities, spent to generate new Gobbler NFTs, or used to purchase Art Gobbler Pages. These Pages, when blank, function as digital canvases; owners can choose to stick art pieces of their choosing upon them. Once they are filled, Page NFTs can then be fed to a Gobbler. This transfers the ownership of the art directly to the Gobbler NFT. The stated aim of the project is for Gobblers to become decentralized, tradeable art galleries.

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    about GOO

    Despite being a crucial part of the Art Gobblers ecosystem, investors are unlikely to profit in the long term from buying the GOO token, even if the NFT collection thrives. Gobbler NFTs can produce an infinite amount of GOO—there is no supply limit. In fact, the more GOO they accumulate, the more GOO they are able to produce. This means that Gobbler NFTs will end up generating an exponential amount of GOO. Since GOO won’t be able to find an exponential number of buyers at the same time, the most probable outcome is for its price to ultimately trend to zero.

    Wouldn’t that affect the success of the Art Gobblers project? Not necessarily. Despite being priced in GOO, Gobbler NFTs and Page NFTs use a native pricing mechanism, meaning that these NFTs will see their prices in GOO increase over time regardless of the intrinsic value of GOO itself. 

    Gobbler NFTs are therefore the only valuable assets in the Art Gobblers project, but even owning one of those isn’t a guarantee of profit. Due to the way its tokenomics were designed, Art Gobblers rewards early adopters and whales at the expense of future owners—not unlike a pyramid scheme.

    In this section, we have shown in which marketplaces these NFTs have been sold the most. Three marketplaces Opensea, X2Y2, sudoswap have been compared.

    As you can see, the largest number of transactions was through opensea with about 76% and 78% of the transactions were also done through opensea with about 6240 Eth. After that, x2y2 and then sudoswap were the most popular marketplaces.

    In this section, we have evaluated the price of these NFTs from the beginning until now. You can see that the average price has increased starting from 19.7k USD and reached 25k, and moving average 20-50-200 has also increased.

    This shows that this collection can be profitable in the long run.

    The price changes on the date of writing the article and the floor price are also shown.

    Also, in the above graphs, we can see that the volume of transactions for this group is decreasing and has reached from 6M USD to 2M.


    The above graphs show the minimum and maximum and the average price from October 31 until now in Eth and USD on hour . As explained, the average price is increasing.

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    Blank Pages – canvases for art

    Blank Pages enables artists to mint 1/1 drawings into the ecosystem through a process called “glamination.” This art NFT will then belong to the artist who created it.

     

    The team describes the creation of art on Blank Pages as the main point of the entire ecosystem. As more art is created, the team expects the blank pages to become rare, scarce and valuable over time.