Algorand Free Square: Meadow Labs NFT collection

    Meadow Labs is an Australian-based tech startup with global ambitions, backed by Meld Ventures. The project is focused on creating the world's most meaningful digital collecting experiences by activating ubiquitous brands within the NFT arena and forging a space for fans of all kinds to revel in their shared obsessions. Let's analyze it's activity.

    Introduction and methods

    Meadow Labs is an Australian-based tech startup with global ambitions, backed by Meld Ventures. The project is focused on creating the world's most meaningful digital collecting experiences by activating ubiquitous brands within the NFT arena and forging a space for fans of all kinds to revel in their shared obsessions.

    In this dashbaord wer are gonna take a look at the Meadow Labs Algorand collection in several metrics:

    • The number of Meadow Labs each wallet holds.
    • Meadow sales and ALGO volume over time.
    • The distribution of ALGO balances of Meadow holders.

    Results

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    In this first chart we can see how curiously, only 2 distinct wallets are cuurently holding Meadow Labs NFTs. One holding 18 NFTS and the other one 4.

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    Looking at the daily sales, we can see how the major activity was registered during the first days after the launch. There was only a day with over 50 sales. Since the UST depegging period of time, any activity was registered in terms of NFT sales.

    Looking at the ALGO volume generated on sales the same thing occurs. All the activity is mainly concentrated during the first days. Any activity is currently registered. Then, we could say that the collection seems to be death.

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    Finally, analyzing the ALGO balance of the current NFT holders, we can see that the wallet who holds more NFTs has low ALGO balance lower than 2.5. However, the other wallet are currently holding more than 15k ALGOs.

    Conclusions and insights

    In this dashboard, we have explored the Meadow Labs NFT collection launched on March 2022. We have analyzed the currently holders and the activity sales and ALGO volume on sales.

    The main ingishts extracted have been the follwoing:

    • Only 2 wallets are curently holding Meadow NFTs.
    • One of the holders have 15k ALGOs in wallet while the other less than 2.5.
    • All the sales activity is mainly concentrated during the first days. Any activity is currently registered. Then, we could say that the collection seems to be death.