1/ Welcome back to the 7th Weekly Inspect Community Rankings! This week we have some huge updates to share:
We've updated our ranking formula. Solana collections are flying. And, bluechip ETH communities are demonstrating their resilience 🚀
Let's dig in 🧵👇
2/ Before we talk ranks, let's talk ranking formulas! In addition to engagement, our new formula takes into account the # of profile pictures per NFT as well as the size of the Inspect Audience!
Read more about the new formula & why we made the change:
3/ Now that we've covered the formalities, we can talk about how INSANELY HARD @solana communities go!
We've been blown away by the activity & community engagement we've seen coming out of the #SOL world and you can certainly see it in the Inspect charts!
4/ We’ve seen the power of SOL first hand from the @CetsOnCreck (#3). Since the Cets unlocked their community on April 4th, they boast almost 1,700 PFPs and have shot up the Inspect Community Ranking charts – and floor price hasn’t been far behind, up more than 2x since unlock!
5/ Topping the charts in ETH Land are consistent favorites @BoredApeYC (#1) and @AzukiOfficial (#2). Alongside @doodles (#6) & MAYC (#7), this will be the SEVENTH week in a row that this cohort has made the Inspect Community Rank Top 10! That's some incredible staying power.
6/ Prices were stable to positive for @BoredApeYC & MAYC, hovering at 110E & 26.5E, respectively. @AzukiOfficial & @doodles had slightly more volatile, albeit positive, weeks w/ Azuki briefly dropping to 19E before spiking up to 27. Doodles fell to 14E before returning to 16E
7/ One amazing thing we’ve found is that while some communities are consistently in the Top 10, we’re always seeing different community members propelling their collections to the top. For example, check out how @neptuneeight shot up the Azuki charts with jpeg.cash
Another week w/ Solana repping six of the Top 10 👀
9/ @solBoogle might be new (unlocked yesterday), but its community is 🔥. A floor of 1.5k◎ & only 2 items listed, Boogle is hot🥵 & packed w/ Solana OGs. w/ 41 profiles rocking Boogle PFPs out of 98 NFTs total, Boogles has one of the best PFP per NFT ratios in the space!
10/ Rounding out the top 10 is @Thugbirdz, a collection creating the kindest community on @solana. Over the past week, the Thugbirdz added over 80 PFPs & nearly doubled their audience size! That’s some solid growth! Let’s see if they can hold on to this momentum moving forward🚀
11/ That’s it for this week! If you’re interested in digging into our data yourself, you can always access the Inspect Community Rankings on Inspect Web at nftinspect.xyz. Give it a try!
Until next week!
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Today, we're updating the Inspect Community Rankings formula. Our goal is to periodically optimize this formula to capture what makes communities strong & include new data as we gather it.
Old Formula: 100% Inspect Engagement
New Formula: 40% PFPs per NFT, 40% Inspect Audience, 20% Inspect Engagement
This change emphasizes community members over engagement of inspect users.
Definitions (1/2)
PFPs per NFT (40% weighting): The number of PFPs with this collection’s NFT divided by the total number of NFTs in the collection
Inspect Audience (40% weighting): The number of Inspect for Chrome users that have seen a user with this collections PFP