Rarible aggregated NFT marketplace on Flow Blockchain
The Flow RaribleNFT Collection is a curated assortment of non-fungible tokens (NFTs) built on the Flow blockchain. Flow is a blockchain platform designed for scalable and user-friendly decentralized applications, including digital collectibles and NFT marketplaces. RaribleNFT, as a collection within the Flow ecosystem, represents a unique and diverse range of digital assets created by various artists, creators, and collectors.
NFTs within the Flow RaribleNFT Collection are unique digital assets that can represent various forms of digital media, such as artwork, music, videos, and virtual goods. Each NFT is tokenized, providing a verifiable proof of ownership and authenticity on the Flow blockchain. This decentralized nature enables users to securely buy, sell, and trade their NFTs without the need for intermediaries.
The Flow RaribleNFT Collection has gained recognition for its notable growth, with a substantial percentage weekly growth compared to other collections. This indicates a thriving community of artists, collectors, and enthusiasts actively engaging with the collection. Moreover, the presence of Storefront as the primary marketplace further strengthens the accessibility and visibility of NFTs within the Flow RaribleNFT Collection.
By exploring the graphs and data associated with the collection, it becomes apparent that there have been fluctuations in various aspects, such as buyer behavior, minting activity, sales volume, and user holdings. These insights provide valuable information about the dynamics and trends within the Flow RaribleNFT Collection, shaping the experiences and opportunities for creators and collectors alike.
The methodology used for analyzing the Flow RaribleNFT Collection involved collecting data from various sources, including the RaribleNFT platform and the Flow blockchain. The dataset encompassed multiple aspects, such as percentage weekly growth, buyer and seller activity over time, marketplace dominance, NFT volume, and user behavior. This data was then visualized using graphs and charts to identify trends and patterns.
The interpretation of the graphs led to several key findings. The collection demonstrated remarkable growth, with a high percentage weekly growth compared to other collections. Storefront emerged as the primary marketplace for buying and selling NFTs, dominating across different metrics. The analysis also revealed fluctuations in buyer and seller activity, stable total sales, changes in NFT volume, and insights into user behavior and financial outcomes.
The RaribleNFT collection stands out with a percentage weekly growth of over 6k, showing a significant difference compared to other collections, which only reached 670. This indicates a remarkable performance for RaribleNFT in terms of growth. Looking at the buyers over time graph for RaribleNFT, there is a sharp peak observed on May 25th, with over 1k buyers. However, after this peak, the numbers drop drastically. A similar pattern can be seen in the mints over time graph, with a peak around the same dates.
When it comes to total sales, there is a radical increase initially, but starting from mid to late 2022, the total sales remain stable. This indicates a period of consistent sales for the RaribleNFT collection.The sellers over time graph exhibits a similar pattern to the previous graphs, showing a significant peak followed by a sharp decline in numbers. This suggests that there was a notable surge in sellers during a specific period, but their numbers decreased afterward. Finally, in the sales over time graph, it is observed that the total sales have been stable since late 2022. This implies that the overall sales volume has reached a relatively consistent level.
It is evident that Storefront is the primary marketplace for buying and selling NFTs. It holds the highest number of buyers compared to other marketplaces.
Similarly, in the mints vs total mints by marketplace graph, Storefront maintains its dominance. The graph shows a significant peak in total mints around October 2022, reaching over 30k mints approximately. This suggests that Storefront is the preferred platform for minting new NFTs.
Moving on to the sellers by marketplace graph, we observe a similar trend to the buyers. In the last two months, the number of sellers has increased. This indicates a growing interest among creators in selling their NFTs on Storefront and potentially other marketplaces.
Furthermore, in the sales vs total sales by marketplace graph, Storefront continues to dominate and follows the same trend as seen in the previous graphs. Storefront remains the prominent marketplace for NFT sales. The total sales have been stable since mid-2022, indicating a consistent level of sales activity.
In the average NFT volume by collection version graph, RaribleNFT had a significant volume in 2022. However, the figures have decreased in 2023, although there has been a recent upward trend in the past two months. This indicates that the average volume of NFTs in the RaribleNFT collection experienced a decline but has started to recover recently.
Examining the daily volume by collection graph, we can see that the volume reached up to 200 in 2022, but the numbers subsequently decreased considerably. This suggests a decline in the daily trading volume of NFTs across different collections, including RaribleNFT.
In the distribution of buys graph, the most prominent category is "1 buy" with over 2k users, followed by the range of "2-5 buys." This suggests that a significant number of users have made only one purchase, while a smaller but notable group has made multiple purchases ranging from 2 to 5.
In contrast, the distribution of sells graph shows that the standout category is "no sells" with nearly 2.5k users, indicating that a substantial number of users have not sold any NFTs. The next notable category is "1 sell" with nearly 500 users, indicating that a smaller but still significant group has made a single sale. Moving on to the distribution of holdings NFT, the prominent category is "1 holding" with 2k users. This suggests that a large portion of users owns only one NFT, while other holding ranges have fewer users.
Lastly, in the distribution of benefits graph, the standout category is "negative flow" with over 2.5k users. This indicates that a significant number of users have experienced a negative financial outcome, potentially indicating losses or unsuccessful transactions.
- The RaribleNFT collection has shown exceptional growth with a percentage weekly growth surpassing 6k, setting it apart from other collections.
- Storefront emerges as the primary marketplace for buying, selling, and minting NFTs, demonstrating dominance across various metrics.
- The number of buyers, mints, and sellers experienced significant peaks, followed by drastic declines, indicating possible periods of intense activity and subsequent stabilization.
- Total sales reached a considerable increase initially, but have since maintained stability from mid to late 2022.
- The average NFT volume in the RaribleNFT collection peaked in 2022, experienced a decline in 2023, but has recently shown signs of recovery.
- The daily volume of NFTs across collections declined notably after reaching a high point in 2022.
- The distribution of buys indicates that the majority of users made only one purchase, while a smaller group engaged in multiple transactions.
- Many users have not sold any NFTs, suggesting a substantial portion of collectors rather than active traders.
- Holding only one NFT is the prevalent scenario among users, indicating a preference for limited ownership.
- A significant number of users experienced a negative financial outcome, possibly reflecting losses or unfavorable transactions.
In summary, the RaribleNFT collection's remarkable growth, Storefront's marketplace dominance, patterns of buyer and seller activity, NFT volume fluctuations, and the prevalence of single holdings and negative financial outcomes provide valuable insights into the analyzed data.

