Open Analytics Bounty: Optimism (October 15)
==Introduction==
Quix is the largest NFT marketplace on the Optimism Layer 2 network. Hosting over 100 collections and 34,000 users, it is the home of NFTs on Optimism. Quix’s best-in-class NFT marketplace experience includes features tailored to both creators and collectors. From the NFT Launchpad, which lets developers launch no-code smart contracts for free-to-mint NFT collections, to the in-app rarity ranking calculator, and the floor sweep tool, there is something on the platform for everyone.
Quix is also ready for the cross-chain trend in the future since with the help from Rainbow Bridge, Ethereum Users would easy to transfer their assets to Optimism and use it to buy/sell NFTs on Quixotic, move back the proceeds to the Ethereum chain seamlessly.
==Methods==
In this analysis we will focus on Quix Optimism. More specifically, we will analyze the following data:
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Daily bridges by NFT collection
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Daily users bridging by NFT collection
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Number of NFTs bridged by NFT collection
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Distribution of NFTs bridged by collection
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Collection by users bridging
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Bridge fees
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Daily new and cumulative users
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User retention so far
In the first two graphs we have analyzed the daily bridging by NFT collection and the daily users bridging by NFT collection. First of all, we see that there is a growth and a positive trend in both graphs. In the daily bridging we see that from October 11 the growth started, it went down again after two days but on October 17 the bridging started to grow even more until today. It has already exceeded 1.4k daily bridges. The collection of NFTs with more bridges has been the MutantApeYachtClub, although there are a few that follow with similar amounts. Secondly, we see that the daily bridging users also started with low values and then did not stop rising until today. There are two collections that have not increased their values. The collection with the most bridging users is MutantApeYachtClub, but there are also collections with similar values.
In the following two graphs we can see the number of NFTs bridged and their distribution by collection. We can see that there are 4 collections that have very similar values, with more than 10% representing each one. We can also see that the number of NFTs bridged is getting higher and higher.
The graph on the left shows the bridge fees. We can clearly see that the USD fees have been increasing day by day. While the average fees of the transactions made each day have been varying. First of all, we can see that the fees were very low, and then they went up sharply on October 10th, with an average of 7 USD. Then it went down again and now it has an upward trend. Today there is an average transaction fee of 5 USD. While as of today there is a total daily fee of 1k. During the last day the fees have increased dramatically.
Finally, we have analyzed the user retention so far. We see that there is a clear difference between users not reained and retained. Specifically, 97% of users have not been retained and this represents 557 users. While only 2.96% have been retained, representing 17 users.
In the table on the left we have analyzed the daily new and cumulative users. We can clearly see that they have been increasing every day. From October 12 the number of users was increasing. However, it was not until the 17th of October that the number of users increased more rapidly, especially today, when 221 new users joined the site and 574 new users have already accumulated.
==Key insights==
- There is a growth and a positive trend in the daily bridging by NFT collection and the daily users bridging by NFT collection.
- In the daily bridging on October 11 the growth started.
- Today has already exceeded 1.4k daily bridges.
- The collection of NFTs with more bridges has been the MutantApeYachtClub.
- The daily bridging users also started with low values and then did not stop rising until today.
- The collection with the most bridging users is MutantApeYachtClub, but there are also collections with similar values.
- There are 4 collections that have very similar values, with more than 10% representing each one.
- The number of NFTs bridged is getting higher and higher.
- that the USD fees have been increasing day by day.
- Today there is an average transaction fee of 5 USD. While as of today there is a total daily fee of 1k.
- The daily new and cumulative users have been increasing every day.
- Today, there are 221 new users and 574 new users have already accumulated.
- 97% of users have not been retained, while only 2,96% have been retained.


