Hi everybody. The Moonstream.to team simply launched a paper on the Ethereum NFT market.
Our analysis included over 7 million NFT transactions that happened on the Ethereum blockchain in between April 1, 2021 and September 25, 2021, throughout over 700,000 accounts.
We found that the leading 16.71% of NFT owners manage 80.98% of NFTs. This isn’t so various from standard markets. 🙂
We likewise found a formula to differentiate energy tokens from security tokens. Utility tokens (like the Ethereum Name Service) featured concrete external performance. Security tokens are generally bought simply as financial investments.
The complete report is readily available on GitHub: https://github.com/bugout-dev/moonstream/blob/main/datasets/nfts/papers/ethereum-nfts.pdf
The dataset is readily available on Kaggle: (*7*)
We likewise have a public Kaggle note pad on which we ran our analysis: https://www.kaggle.com/simiotic/ethereum-nft-analysis
Tell us what you believe!