Welcome to the TopShot Opepen Free Mint Analytical Dashboard! This dashboard provides an in-depth analysis of the recent campaign launched by @clegainz in collaboration with @emerald_dao, aimed at changing NBA TopShot Dapper Labs profile pictures. The campaign's mantra of "Free mint, for the culture 🫡" seeks to foster wider adoption of $Flow and other Flow Wallets while maintaining the exclusivity of the mint count.

In this dashboard, we will explore key metrics and insights surrounding the TopShot Open Free Mint campaign. The analysis will shed light on the impact of this initiative, both in terms of user engagement and the broader influence on the NBA TopShot community. By delving into the data, we aim to uncover patterns, trends, and valuable takeaways from this unique event.

Key Objectives of the Dashboard:

• Engagement Assessment: We will assess the level of engagement and participation in the NBA TopShot Open Free Mint campaign. This will involve examining the number of participants, the rate of profile picture changes, and overall user activity.

• Flow Wallet Adoption: Our analysis will focus on evaluating the campaign's effectiveness in promoting the use of $Flow and other Flow Wallets among collectors. We'll explore whether the initiative successfully encouraged more users to adopt these wallets.

• Scarcity and Mint Count: By examining the scarcity of the free mints, we will understand how the limited mint count influenced user behavior and participation in the campaign.

• Profile Picture Impact: We will assess the impact of the campaign on the NBA TopShot community by analyzing changes in profile pictures. This will help gauge the level of enthusiasm and interest generated by the event.

• Collectors' Reception: Our dashboard will also aim to capture the sentiment of the NBA TopShot collectors regarding the campaign, reflecting their feedback and opinions on the initiative.

• Strong Launch and Continuous Engagement: The NBA TopShot Opepen Free Mint campaign experienced a robust launch, with more than 700 NFTs minted so far. Although early activity was significant, the hourly minting trend has remained consistently active, with at least one mint per hour even in the present phase, showcasing sustained interest and engagement.

• Flow Wallet Adoption Success: The campaign's goal of promoting $Flow and other Flow Wallets for minting was successful, as evidenced by the steady adoption of these wallets by participants during the campaign.

• NBA TopShot Open NFT Holders' Impact: NBA TopShot Opepen NFT holders have been pivotal to the platform's NFT activity since its inception in 2020. The activity surged in 2021, and these holders have continued to contribute significantly to the platform's sales and volume.

• Strategic NFT Accumulation: NBA TopShot Opepen NFT holders have demonstrated a preference for accumulating moments through more buys than sells. Their careful approach to selling higher-priced moments has contributed to a positive price trend, showcasing their value-driven approach.

• Liquidity and Volume Contribution: The NBA TopShot Opepen NFT holders' activity has introduced substantial liquidity to the platform, contributing to more than 40 million USD in volume through buys and sells combined.

• Growing Influence: NBA TopShot Opepen holders' share of sales and volume has increased over time, indicating their growing influence in the marketplace compared to the rest of the NBA TopShot users.

• Higher Average NFT Prices: NBA TopShot Opepen holders consistently achieve higher average NFT prices in their transactions, reflecting their preference for premium moments and contributing to market price stability.

By combining the following methodologies, I have conducted a comprehensive analysis of the TopShot Opepen Free Mint campaign. The dashboard's findings will provide stakeholders with valuable insights into user engagement, wallet adoption, NFT sales, and the campaign's overall impact on the NBA TopShot community.

• Data Collection: For this analysis, I collected data primarily from the FlipsideCrypto platform, which provides comprehensive blockchain analytics for various blockchain networks, including Flow blockchain, which powers NBA TopShot. I leveraged the FlipsideCrypto API to access the required data for the NBA TopShot Open Free Mint campaign. The data includes information on mints, user activity, NFT sales, and volume. Additionally, I obtained data from the NBA TopShot platform itself, specifically related to user activity, NFT sales, and the total number of users on the platform.

• Extracting Mint Information: Using the data from FlipsideCrypto, I extracted the relevant information related to the NBA TopShot Open Free Mint campaign. I calculated the total number of mints performed so far and analyzed the hourly mints to understand the distribution of mints over time during the campaign.

• Flow Wallet Adoption: To gauge the adoption of $Flow and other Flow Wallets, I identified users who minted during the campaign and assessed whether they were using Flow Wallets for the minting process. I analyzed the percentage of users using Flow Wallets versus other wallet options to understand the impact of the campaign on wallet adoption.

• NFT Sales and Volume Analysis: I delved into the NFT sales and volume data on the NBA TopShot platform to gain insights into user behavior beyond the minting campaign. By tracking NFT sales over time, I aimed to identify any potential correlation between the Open Free Mint campaign and the overall trading activity on the platform.

• Comparison of TopShot Opepen Holders vs. Rest of NBA TopShot Users: In order to assess the impact of the campaign on the holders of the newly minted NFTs, I compared the behavior of TopShot Open holders with the rest of the NBA TopShot users. I examined metrics such as trading activity, retention rate, and engagement to understand any differences in behavior between these two groups.

• Time-Series Analysis: To identify trends and patterns, I conducted time-series analysis on various metrics, including mints, NFT sales, and user engagement. By studying the data over time, I sought to identify any significant events or shifts in behavior that coincided with the campaign launch.

• Data Visualization: I employed various data visualization techniques to present the insights in an easy-to-understand and visually appealing manner. Charts, graphs, and interactive visualizations were used to display key findings, enabling stakeholders to grasp the campaign's impact at a glance.

The NBA TopShot Opepen Free Mint campaign has seen an impressive response from the community, with over 700 NFTs minted so far. The campaign's launch was particularly impactful, with a significant number of mints occurring during the first hours. This early surge in activity demonstrates the enthusiasm and excitement surrounding the initiative.

On July 19th, the campaign experienced remarkable engagement, with more than 100 users claiming the NFT during the initial hour. Throughout the rest of the day, there were around 25 mints per hour, showcasing sustained interest from collectors. The steady hourly activity throughout the day further solidifies the campaign's success in keeping users engaged.

As time progressed, the hourly minting activity has moderated, as is typical with time-limited campaigns. However, it's noteworthy that even in the current phase, each hour still witnesses at least one new mint. This continuous flow of mints indicates an ongoing interest from the NBA TopShot community, and the campaign continues to attract new participants.

Upon analyzing the NFT buys and sells activity of the NBA TopShot Opepen NFT holders, intriguing patterns emerge, revealing their strategic approach to collecting moments. These users have exhibited a preference for accumulating NBA TopShot moments through more buys than sells, aligning with the campaign's message of open NFT minting.

NBA TopShot Opepen NFT holders have been actively purchasing moments, indicating a strong interest in expanding their collections. The higher number of buys compared to sells showcases their commitment to building and diversifying their portfolios. An essential statistic is that these users tend to sell the NBA TopShot moments at higher prices than they initially bought them. This positive price trend signifies the potential value appreciation of the moments they have acquired. It also indicates a growing demand for these moments in the secondary market.

The data reveals that the average NFT price for sells is higher than for buys. This suggests that NBA TopShot Opepen NFT holders are discerning about the moments they decide to part with, likely selling higher-valued and sought-after moments, contributing to the market's price stability. The volume generated through NFT buys is higher than the volume generated through sells. This implies that NBA TopShot Opepen NFT holders are actively adding valuable moments to the platform, increasing the overall volume in the marketplace. This influx of volume is beneficial for the project's growth and success. So far, the NBA TopShot Opepen NFT holders have sold approximately 17 million USD worth of moments, while they have bought almost 25 million USD worth of moments. This substantial investment demonstrates their strong belief in the project and contributes to the platform's liquidity.

In summary, the NBA TopShot Opepen NFT holders' activity reveals a strategic and successful approach to collecting moments. By focusing on more buys than sells, capitalizing on positive price trends, and contributing to higher volume, these users play a crucial role in enhancing the overall ecosystem. Their continued engagement and support reinforce the impact of the Opepen NFT mint campaign and underline the significance of these holders as key contributors to the project's success.

• Initially, NBA TopShot Opepen holders' activity represented approximately 5% of the total NBA TopShot sales.

• Over time, their percentage share of sales has been on an upward trajectory, rising from around 10% to almost 20% in recent months.

• This increase in sales percentage demonstrates the impact of the Opepen NFT mint campaign and the growing significance of NBA TopShot Opepen holders in driving the platform's trading activity.

• Despite a general decline in overall volume during the past month, NBA TopShot Opepen holders' activity has maintained a consistent percentage share from the total volume.

• Their volume percentage has increased from around 15% to over 20%, representing a substantial portion of the platform's trading activity.

• In total, NBA TopShot Opepen holders' activity contributes to approximately 4% of the total volume generated on the NBA TopShot platform.

• When comparing the average NFT prices moved by NBA TopShot Opepen holders versus the rest of the platform users, it is evident that the former consistently boasts higher average prices for their transactions.

• This higher average NFT price suggests that NBA TopShot Opepen holders engage in more valuable and premium transactions, further highlighting their commitment to quality moments.

In summary, the NBA TopShot Opepen holders' activity demonstrates remarkable growth and influence within the NBA TopShot ecosystem. Their increasing share of sales and volume indicates their integral role in driving trading activity and liquidity on the platform. The higher average NFT prices moved by NBA TopShot Opepen holders underscore their preference for premium moments and their value-driven approach to NFT trading. As the NBA TopShot community continues to evolve, monitoring the dynamics between NBA TopShot Opepen holders and the rest of the users will provide valuable insights into the platform's overall health and growth.

The NBA TopShot Opepen NFT holders have been integral to the platform's NFT activity, showcasing consistent engagement since its inception in 2020. Notably, the year 2021 saw a substantial surge in activity, indicating a growing and enthusiastic user base on the blockchain. Even now, these users continue to play a vital role in sustaining NFT metrics, such as sales and volume.

Over the years, the NBA TopShot Opepen NFT holders have contributed significantly to the platform, generating a staggering volume of over 40 million USD through more than 1.2 million executed sales, encompassing both buyers and sellers. These impressive figures underscore the commitment and active participation of these holders in the NBA TopShot ecosystem.

However, while the NBA TopShot Opepen NFT holders' engagement remains noteworthy, a recent trend indicates a decline in both volume and average NFT prices over the past months. This decline in volume can largely be attributed to the decreasing average NFT prices, which have impacted the overall trading activity on the platform.

Despite the decline, it is important to recognize the resilience of the NBA TopShot Opepen NFT holders, who have shown continuous involvement in the platform's ecosystem. Their sustained presence and activity are critical in maintaining a vibrant marketplace, fostering a dynamic NFT community.

As the NFT landscape continues to evolve, monitoring the behavior and preferences of the NBA TopShot Opepen NFT holders remains essential for understanding market trends and adapting strategies accordingly. Their contributions to the platform's success underscore their significance as key stakeholders in the NBA TopShot journey.

By comparing the activity of NBA TopShot Opepen holders with the rest of the platform's users, we can discern intriguing trends and patterns. Notably, both groups experienced higher activity during 2021. The NBA TopShot Opepen holders' share of sales has steadily increased over the past months, signifying their growing influence in the marketplace.