Introduction
Flow is a Proof-of-Stake blockchain that went live in 2019 after the founders of Dapper labs got fed up with the slow and expensive state of Ethereum blockchain with Crypto Kitties and NBA Topshots soaring in popularity. The main advantage of Flow chain is its fast, low cast transactions supporting smart contracts.
Let us analyze various NFT projects in the Flow ecosystem and identify any interesting metrics, notes or trends or outliers noticed if any with supporting graphs or visuals.

What are NFTs ?
NFTs stands for Non-fungible tokens, where in Non-fungible can be defined as something that cannot be exchanged for another item because its unique. For example, one piece of Art is not equal to another as both will have unique properties.
Basically, NFTs are tokens that lives or survives on a blockchain and represent ownership of unique items. These NFT tokens in general will contain bit of information specific to it, such as unique token name, symbol etc.. and will be owned by the creator or artist of that token. These NFT tokens will be sold by performing sell & buy transactions on the particular blockchain.
Methodology
As part of this analysis, we will first look at the flow.core.ez_nft_sales table to analyze the overall and daily trend of NFT sales activity of below 6 different NFT projects or collections in terms of various interesting metrics.
- AllDay
- RaceDay_NFT
- RaribleNFT
- MFLPlayer
- CricketMoments
- TopShots
We will retrieve the sales details of these NFT Collections by joining nft_collection column of flow.core.ez_nft_sales table with event_contract column of flow.core.dim_contract_labels table..
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Key Findings
According to these visuals or charts, it is very clear that TopShot NFT Project occupies the top most position in terms of Average Sales volume, Total number of NFTs sold, Total Sales volume, Total Unique buyers count & Total Unique Sellers when compared across 5 other NFT collections such as AllDay, RaceDay, RaribleNFT, CricketMoments & MFLPlayer.
AllDay NFT Project Collection is the second most popular project when verified in terms of Total Sales Volume, grabbing around 68.56M, where TopShot NFT project in the first place records around 1.039B.
Observations
On seeing the daily trend of above standard metrics assessed across 6 various NFT collections such as AllDay, TopShot, RaribleNFT, RaceDay_NFT, NFLPlayer, CricketMoments compared since 1st January 2022, we could infer that TopShot appears to have more Sales volume throughout these days when compared to the other NFT collections.
Also, it is evident that for TopShot NFT collection, there seems to be declining trend in terms of all these metrics since 11th January 2022, while approaching towards the last week of October 2022.
Observations
According to these week wise metric charts, we can clearly see that
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When we look at the Total Unique buyers across 6 different NFT Collections such as AllDay, TopShot, RaribleNFT, MFLPlayer, CricketMoments & RaceDay NFT collections, a maximum count has been observed as 65.40K in the week starting 8th March 2022. However, there has been slightly declining trend after which it remained consistent while moving towards the last week of October 2022.
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Highest Sales volume of around 125.264M has been observed in the week starting 22nd February 2021 for TopShot NFT among the 6 NFTs, later which we could see a sudden drop, post which it shows an increasing trend again.
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Conclusion
According to the above graphs or visuals, here are few observations:
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AllDay NFT Project Collection is the second most popular project when evaluated in terms of Total Sales Volume, grabbing around 68.56M, where TopShot NFT project in the first place records around 1.039B.
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When we look at the Total Unique buyers across 6 different NFT Collections such as AllDay, TopShot, RaribleNFT, MFLPlayer, CricketMoments & RaceDay NFT collections, a maximum count has been observed as 65.40K in the week starting 8th March 2022.
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Highest Sales volume of around 125.264M has been observed in the week starting 22nd February 2021 for TopShot NFT among the 6 NFTs, later which we could see a sudden drop, post which it shows an increasing trend again.
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When we look at standard metrics assessed on a daily basis across 6 various NFT collections such as AllDay, TopShot, RaribleNFT, RaceDay_NFT, NFLPlayer, CricketMoments compared since 1st January 2022, we could infer that TopShot appears to have more Sales volume throughout these days when compared to the other NFT collections.
So, on a whole, to summarize, we can say that TopShot NFT Project remains as top most popular NFT Collection in terms of standard metrics such as Average Sales volume, Total number of NFTs sold, Total Sales volume, Total Unique buyers count & Total Unique Sellers when compared across 5 other NFT collections such as AllDay, RaceDay, RaribleNFT, CricketMoments & MFLPlayer.
Key findings
As per these month wise charts depicting the metrics captured across 6 various NFT Collections like AllDay, RaceDay, RaribleNFT, CricketMoments, TopShot & MFLPlayer, we can summarize that
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Maximum Sales volume has been observed in the month of February 2021 for TopShot NFT Collection.
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Highest unique buyers who purchased NFTs has been recorded for TopShot Collection in March 2022, with a count of 184.97K.
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In the month of January 2022, a maximum count of 1.47M NFTs were sold for TopShot NFT project.
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