ALGO NFT Tooling
Algorand is the premiere platform to create, launch, and manage your NFTs. The cost of NFT creation on Algorand is roughly ten cents, as opposed to other blockchains where prices can be equivalent to $50-$800 plus another $150 to transfer it. This means Algorand makes high volume NFT creation actually feasible, allows markets for value priced NFTs to exist, and improves margins on all NFTs. In addition, creation can be as simple as sending a single transaction to the network, thanks to our layer 1 primitives, but can also support as much customization as desired for your bespoke or artisan NFT needs. The cost benefits do not end with creation as transferring NFTs on Algorand is as cheap as a simple pay transaction - roughly a tenth of a penny.
Our core technology, with over 1,000 TPS and under 4.5s finality, provides the opportunity to conduct large scale price discovery events; Algorand has on-chain proof points of auctions that have included thousands of users and raised 60+ million dollars.
Most importantly, Algorand believes in the importance of the NFT market. That means we will aggressively and persistently discover the nuances that make all the difference in optimizing the experience, cost, and functionality for our community of creators and issuers. Come join the Algorand NFT community along with SIAE, Opulous, Dahai Art, Uncopied, ArtSquare, Italian Wonders, Dedit and others, and experience the benefits for yourself and be part of the future of finance.()
In this bounty we were asked to use the new Algorand.NFT schema and create a dashboard or tool that helps Algorand NFT traders learn about the ecosystem.
For this purpose, I did a deep analysis about the count of sales, purchasers, collections, NFTs, volume of sale, min and max prices for each market place on Algorand.
Then I sorted the purchasers based on count of sales and deep dive in the activities of these top purchasers.
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In the above charts, I sorted the purchasers based on count of sales and selected top 5 of them.
Then I deep dive in the activities of these 5 purchasers.
You can also see their monthly actions.
==‘MULI…BBM’== as the wallet with highest count of sales, did most of sales via Algoxnft and Rand gallery market places, respectively.
Although it had the highest count of sales, but it was not in the first rank of USD volume of sales. The highest count of NFTs that this wallet traded was from beergoggles and ivev2TBB0AT3 collections, respectively.
The most active months for this wallet was June and July and May respectively that it did its highest count and USD volume of sales.
==‘5TOOC…4CM’== as the wallet with the second highest count of sales, did most of sales via Rand gallery market place. About 30% of its sales was via Algoxnft.
It had the highest USD volume of sales. About 75% of this volume was traded on Rand gallery.
The highest count of NFTs that this wallet traded was from say_meow_club and algo_dookies collections, respectively.
The most active months for this wallet was August, Sep and Feb respectively that it did its highest count and USD volume of sales.
This wallet also paid the highest USD price(5033 USD) for buying a NFT in Feb.
==‘6EQZ…PM’== as the wallet with the third highest count of sales, did about 82% of sales via Algoxnft market place. About 17% of its sales was via Rand gallery.
About 75% of USD volume of sales was traded on Algoxnft.
The highest count of NFTs that this wallet traded was from galactric_astroc and algo_shark_club collections, respectively.
The most active months for this wallet was Sep, Oct and July respectively that it did its highest count and USD volume of sales.
==The most count of NFTs that these top 5 wallets had traded, was from say_meow_club, algo_dookies, galactric_astroc and algo_shark_club collections, respectively.==
==The most USD volume of sale that these top 5 wallets had traded, was from state_poofs, algo_shark_club, galactric_astroc and pixel_squirrels collections, respectively.==
You can also check my report on Twitter:
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Above charts will update daily, but below reports are based on the last update until November 13th:
The highest count of sales was on Rand gallery and Algoxnft market places.
==In the last 3 months, count of sales in all the market places decreased.==
Alchmon was the collection with highest count of sale. Pixel_squirrels and say_meow_club were in the next ranks.
Rand gallery and Algoxnft had by far the highest count of purchasers.
==Count of purchasers also decreased sharply in the recent 3 months.== ==July and May were the months with highest count of purchasers.== Alchemy, mutants_vs_zombies and crazy_goes_flock were the collections with highest count of purchasers.
Algoxnft, Randgalldry and abwgallery were the market places that highest count of collections was traded.
Randgallery and Algoxnft had by far the highest count of traded NFTs.
==May and Sep were the months that the highest count of NFTs was traded.== Pixels_squirrels and Say_meow_club were the collections that the highest count of NFTs was traded from them.
The highest USD and Algo volume of sales was done in Randgallery. In the second rank was Algoxnft.
Sep and August were the months with highest Algo volume of sales. Feb and Sep were the months with highest USD volume of sales. ==Volume of sales decreased in recent 3 months.== Mutants_vs_zombie, Mngo and AI_goanna were the collections with highest Algo volume of sale.