Try Quests to earn FLOWIn this Analysis, You will read about Flow and Top shot activities during the NBA playoffs. I analyzed the start of the NBA playoffs (mid-April) and determined whether it had an impact on Flow transaction volume. Also NBA top shot nft collection activities.
All data in this analysis is based on available data which from 20th April.
The NBA playoffs are the postseason tournament of the National Basketball Association held to determine the league's champion. An annual best-of-seven elimination tournament, the NBA playoffs are held after the league's regular season and its preliminary postseason tournament, the NBA Play-In Tournament. Wikipedia
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Flow Activities: I used the Flow swaps table and put the flow token in TOKEN_out_CONTRACT. Then calculated all requested parameters.
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NBA Top Shot: I used Flow nft sales table and put Top shot address as nft collection. Then I calculated all requested Parameters.
The below chart shows the total daily swaps to Flow token since April 20th.
- From the beginning of the NBA playoffs I didn't have any high activities on Flow token.
- When the Semi-final games started, The situation was better and started to increase.
- During the mentioned games, The total swaps to Flow increased significantly.
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- We can not credit those transactions to NBA games. At that time market crashed and some swaps were because of that.
The below chart shows the total daily swaps volume to Flow.
- The highest volume occurred on May 11th with nearly 885K dollars.
- The average Flow activities didn't change.
The below chart shows the daily cumulative traders and the amount of Flow that users swapped to.
- The Cumulative Amount is about 2.7M.
- The Cumulative users is about 743 Unique traders.
The below chart shows the total daily volume of Top shot in USD.
- The below chart shows how NBA playoffs impacted Top shot sales.
- The total volume increased in April but after that decreased.
- During the matches, The highest volume was on April 22nd with 6.3M dollars in sales.
- Recently the volume decreased to around 100-200K dollars.
The below chart shows the total number of sales of NBA top shot.
- The Total transactions in April were higher than in the other months.
- On May 6th, The highest number of sales happened with 67K sales.
- The average sales decreased to under 10K recently.
Let's examine total unique buyers.
- The trends in completely like the previous chart.
- The highest number of Buyers was on May 6 with about 11.5K buyers.
In total, It seems the NBA playoffs didn't impact much on Flow token. But, On the other hands completely impacted on NBA's top shot NFT collection. The total sales and volume in April were higher than in the other months.