Looking at this below graph that represents the daily distinct wallets who have purchased NBA TopShots across the 4 teams providing a comparison seems to be high during the time of NBA Conference finals 2022.

Also, we could infer that a maximum number of users have been noticed for Golden State warriors with a count of 1452 on 22nd of May 2022 when compared to other 3 teams such as Dallas Mavericks, Miami Heat & Boston Celtics.

NBA Top Shot is a new kind of collectible in an open digital always-on world and NFT marketplace. It enables users to buy, sell, and collect licensed NFTs of NBA highlights called moments.

In this article, we will analyze the daily sales volume of NBA Top Shot NFTs during the period of NBA Conference Finals 2022 event, conducted starting 17th May 2022 till 29th of May 2022. So, we will verify if this event has created any impact on NBA top Shot’s volume.

Also, we will analyze if there is any spike noticed in terms of sales volume for Warriors, Celtics, Mavericks, or Heat teams with supporting graphs or visuals.

Methodology

• First we will obtain Total Sales Volume, Total number of NFTs sold and Total number of distinct users who ahve purchased NFT TopShots during the period of NBA Conference finals 2022, happened from 17th till 29th of May 2022 from flow.core.flow_nft_sales tables using the marketplace as 'A.c1e4f4f4c4257510.Market' or 'A.c1e4f4f4c4257510.TopShotMarketV3', with nft_collection as ‘%TopShot’.

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• Then we will join flow.core.dim_topshot_metadata with flow.core.flow_nft_sales table, using the coliumn nft_collection and nft_id in order to extract relevant NFT data for teams such as ‘Dallas Mavericks’, ‘Boston Celtics’, ‘Golden State Warriors’ & ‘Miami Heat’.

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• Later, we will assess how the aggregate Total sales volume, Total wallets purchased NFTs, Total number of NFTS sold across these 4 teams varies for the NBA TopShots before, after and during the NBA Conference Finals 2022.

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• Finally, we will check the metrics such as Total sales volume, Total wallets purchased NFTs, Total number of NFTS sold for the below 4 teams at the time of NBA Conference Finals 2022.

  • Dallas Mavericks

  • Boston Celtics

  • Golden State Warriors

  • Miami Heat

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Here are the visuals that shows the Total Sales Volume, Total number of distinct wallets who puchased NFTs and Total number NFTs sold for NBA TopShots of these 4 teams in three categories such as

• 7th May - 16th May 2022 : Before NBA Conference Finals 2022
• 17th May - 29th May 2022 : During the NBA Conference Finals 2022
• 30th May - 6th June 2022 : After NBA Conference Finals 2022

We could see from the below graph that, Total transaction volume across all teams seems to be high at the time of NBA Conference finals 2022 compared to the past week, but there has been a significant spike in the next few days of NBA conference finals 2022.

But, when we see the daily trend of these 4 teams in terms of the Total number of users who have purchased the NBA TopShot NFTs Before Vs. After Vs. During the NBA Conference finals, we can clearly see that user activity is high during the NBA Conference finals, especially on 22nd May 2022 comparatively.

Here is the graph that shows the daily sales of NBA TopShots across the 4 teams providing a comparison between Before Vs. After Vs. During NBA Conference fianls 2022.

We could notice that a maximum number of NBA TopShot NFTs have been sold for these 4 teams during the time of NBA Conference finals, especially on 22nd May 2022.

Here are the charts that represents the daily NBA TopShot NFT sales across the 4 teams in terms of the Total Sales volume and it seems the Total sales volume has rise high after the NBA Conference finals, which was conducted from 17th May 2002 till 29th May 2022.

In the below chart, we can see that the total number of NBA TopShot NFTs sold during the tiem of NBA Conference Finals is far high for Golden State Warriors, when compared comapred across below 4 teams such as

• Dallas Mavericks
• Miami Heat
• Boston Celtics
• Golden State Warriors

The below listed graphs clearly shows the standard metrics of NBA TopShots sales during the period of NBA Conference Finals 2022 for the 4 teams such as Maimi Heat, Golden State Warriors, Dallas Mavericks and Boston Celtics.

• Total Sales volume during NBA Conference finals for 4 teams
• Total number of wallets bought NFTs during NBA Conference finals across 4 teams
• Total number of NFTs sold during NBA Conference finals for 4 teams

Conclusion

On seeing all the above graphs or visuals, here is the summary:

• On an average, highest NBA TopShot sales with respect to Total Sales Volume, Total distinct buyers and Total number of NFT sales during the NBA Conference finals has been observed for the team “Golden State Warriors” , when comapred across the remaining teams such as Dallas Mavericks, Miami Heat and Boston Cletics.

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• When we look at the aggregate volume of NFT sales across these 4 teams, Total sales volume has raised high during the NBA Conference finals 2022, later on which it followed an increasing the increasing trend in the consecutive weeks too.

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• But, Total number of NFT sales and Total number of distinct Buyers has recorded its peak trend during the NBA Conference finals 2022, with maximum count recorded on 22nd May 2022.

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• There is a significant raise in the total Sales volume of NBA TopShots across all these 4 teams during the NBA Conference Finals Event 2022, conducted from 17th till 29th May 2022.

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Looking at the below graph, we can observe the Total sales volume of NBA TopShots during the NBA Conference finals event conducted from 17th May till 29th May 2022.

We can clearly see that there is a significant increase in terms of the daily sales volume during this time period across all the 4 teams such as Dallas Mavericks, Miami Heat, Boston Celtics & Golden State Warriors.

References: