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💰 We Invest In The Future Of Digital Assets. 👨‍💻Web3 Infrastructure Provider & Community Validator

Nov 13, 2021, 9 tweets

1/9
Another day - another on-chain analysis by the DAIC crew on the @terra_money block chain.

➡️Today we'll have a look at @randomearth_io - the wonderful marketplace for #NFTs on #Terra . 🙌

🔎Let's see how you #LUNAtics are using this platform!

2/9
There are currently 36 active marketplaces for #NFT projects on randomearth.

Sorted by current largest turnovers:
1) Styllar (@STYLLARNFT)
2) Galactic Punks (@galactic_punks)
3) Levana Dragons (@Levana_protocol)
4) Luna Bulls (@LunaBulls)
5) Deviants Factions (@DeviantsNFT)

3/9
We are happy to have the @randomearth_io NFT marketplace on #Terra since beginning of October 2021. 🥳

Since 5 October, 582.669 transactions interacted with the smart contract of the marketplace.
➡️ That's ~14940 transactions / day

4/9
For those who are interested which kind of smart contract interactions are performed - here are the top ones:

34,68% post_order
17,37% deposit
14,57% cancel_order
11,92% approve
9.95% withdraw
5,24% execute_order

We prepared this charts for you 👇

5/9
In total, 20.630 unique addresses interacted with the @randomearth_io smart contract.

In average, 2.951 unique addresses are using randomearth.io each day.

➡️Most active day was 10/10/2021: over 8.267 addresses interacted with randomearth.

6/9
So lets compare this stats with the most sucessful #NFT marketplace on Ethereum: @opensea

Since 5th Oktober, opensea.io had in total (on the #eth chain):
1.990.328 transactions
290.909 unique addresses

thats
51.034 transactions/day
22.697 unique addresses/day

7/9
As expected, @opensea on Ethereum has much more traction.

➡️The last 7 days, @randomearth_io had in average 47% compared to opensea transactions / with 18% of unique active addresses compared to opensea.

8/9
Comparison of Network fees:

The sum of network fees payed for @randomearth_io since 5th Oktober on the #Terra Blockchain:
2322,31 Luna + 3360,91 UST
➡️104.509$

@opensea (#ETH since 5th Oct):
36.244,72 ETH
➡️166.725.751 $ ‼️

Keep in mind: We talk about network fees! 🔥

9/9
🔎We hope you like our on-chain data analysis of @randomearth_io (and the comparison vs. @opensea )

If you want to have a structured overview about offers and sales on randomearth:
Check out our #NFT Tracker nft-tracker.daic.capital

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