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Recently got selected in @Covalent_HQ 1st Data Alchemist Bootcamp where we learnt how to query their standardised blockchain data and create visualisations easily on the Increment platform! This will be my 1st thread using it, where we will dive deep into X2Y2 NFT Marketplace🧵
REACH
1/ User Base Market Share
From launch in Jan 2022, we can see that x2y2's user base market share was steadily increasing and reached it's peak around 14% of the entire NFT market on ETH chain, but has collapsed in recent months to around 3%, not a good sign Daily Unique Users on X2Y2/Daily Unique Users across all mar
2/ Daily Sales Count
Daily sales count seems to be more volatile with occasional sharp upward and downward transaction count, probably indicating of dependence of a few collection sales during those periods. Peak reached around 14,000 sales but again collapsed to 300+ recently. Daily Sales Count since launch
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