What is Polygon?

Polygon is the most widely used alternative blockchain for crypto users looking to transact fast with small gas fees. The layer-2 protocol built on Ethereum virtual machine has attracted millions of active users and has surpassed Ethereum in the number of active addresses

So, What Is NFT?

NFTs are non-fungible tokens. Unlike ordinary tokens and crypto, NFTs are unique: each digital collectible that exists is unique. NFTs are works of art, real estate, or, for example, artifacts in a computer game; they are all unique and cannot be copied.

Polygon

Polygon is a network of secure second-level solutions (L2) and autonomous sidechains. Its goal is to increase the versatility of Ether and reduce transactions costs.

The Polygon architecture is multifunctional. It allows other applications to choose the optimal scaling solution best suited. For example, an NFT marketplace looking for an opportunity to reduce the transaction fees but willing to partially sacrifice security may choose Security Layer with its set of sharing validators. The blockchain platform is also attractive for low fees and higher transaction processing speed than Ethereum.

In May 2021, Polygon (MATIC) entered the TOP Twenty of CoinMarketCap with a market capitalization of about $13 billion, and in October, Bitwise Asset Management launched a fund based on this token.

In July 2021, Polygon introduced the Polygon Studios division focused on blockchain games and the NFT ecosystem. It will promote targeted products and support developers engaged in these segments. The division plans to attract major brands, popular content creators and investors who want to work in the appropriate direction.

qustion

Q3. How popular are NFTs on Polygon? Track daily volume over the past month/year/etc.

How many Polygon users started off with NFTs? Who made the most profit?

Method

I used the data from the polygon tables

(polygon.core.dim_labels) _opensea_general_contract

(polygon.core.fact_event_logs)

(polygon.core.fact_transactions)

explanation

The graphs above are related to the first part of the question. I have drawn three graphs related to the number of daily transactions related to nft and the daily transaction volume. related With NFT

The number of users who had the first interaction with buying nft

The table and graph above are related to 100 user made the most profit