JAN 2024, stella@footprint.network

Data Source: HYTOPIA Worlds NFT Collection Dashboard

The HYTOPIA Worlds collection, previously known as NFT Worlds, comprises 9,999 gaming NFTs crafted on the Ethereum blockchain. Will this NFT project rise in 2024?

The HYTOPIA Worlds NFT collection, consisting of 9,999 items, is a testament to the expertise of its developers in modding and third-party game creation. These Ethereum-based gaming NFTs are more than just digital assets; they bestow upon their owners greater sovereignty over their in-game experiences and creations.

HYTOPIA Worlds is not just about playing a game; it’s about building a universe, with each world serving as a foundational block for launching and monetizing massively multiplayer games within the HYTOPIA ecosystem.

HYTOPIA Worlds

The HYTOPIA Worlds NFTs are the brainchild of a seasoned collective of Minecraft modding experts, a team that has been instrumental in shaping the third-party games and modding ecosystem for over a decade. This team has channeled its extensive experience into overcoming the limitations of Minecraft, with the ambition to propel HYTOPIA to the status of “the next Minecraft.” Their expertise is not only technical but also visionary, aiming to harness the power of Ethereum blockchain to provide players with unprecedented control over their in-game assets and experiences.

The developers’ commitment to innovation is evident in their creation of a new game engine and resources, all designed to nurture an expansive and interconnected ecosystem where the community’s creativity can flourish.

In the dynamic world of Web3, understanding non-fungible tokens NFTs can be like exploring a large, unknown sea. Data analytics is the tool that helps everyone involved — collectors, investors, and creators — find their way. It does this by looking closely at transaction records, ownership details, price movements, and how people interact with NFTs. This information helps people make smart choices, avoid risks, and spot new chances in the NFT market.

Having this kind of guide is crucial for staying on track in the ever-changing NFT landscape. It helps with making choices that keep up with the market, making sure no one is lost in the vast amount of NFT data.

• NFT Market Trend

The NFT market is a dynamic ecosystem, and data metrics serve as a barometer for its changing conditions. Key indicators such as market capitalization, trading volumes, floor prices, and active engagement across marketplaces provide a vivid picture of the sector’s health and growth potential.

Investors who tap into these market trends can anticipate the direction of the tides, manage investment risk and uncover hidden treasures of opportunity. The importance of this data is huge — it’s the foundation of smart investment plans and a defense against the ups and downs of the NFT market.

Source: HYTOPIA Worlds NFTs — Market Cap, Volume and Floor Price

Data from Footprint Analytics indicates that there has been a significant variation in the market cap and the floor price of HYTOPIA Worlds starting from November 2023.

• User Behavior

In the realm of NFTs, user behavior data such as total sales, total buyers and sellers, unique holders, and daily transactions provide a granular view of individual and collective actions. Metrics such as daily sales, volume, and the fluctuating numbers of holders, sellers, and buyers offer real-time insight into the pulse of the market.

Analyzing this user behavior data equips stakeholders with a deeper understanding of market sentiment and participant activity. Trends such as peak buying times, shifts in holder sentiment, and the emergence of buying or selling pressures can be identified. By leveraging this intelligence, investors and creators can refine their strategies, align them with the market demands and position themselves for success in the ever-changing NFT world.

Source: HYTOPIA Worlds NFTs — Daily Holders, Sellers and Buyers

According to the latest data from Footprint Analytics as of January 17, 2024, there has been a decline in the number of holders for HYTOPIA Worlds NFTs over the last six months. Presently, the ratio of the total supply to the number of holders is at 7.7.

Footprint Analytics offers a comprehensive suite of blockchain analytics, empowering analysts, developers, and investors to transform raw blockchain data into actionable insights. The key features include neatly structured tables for organized data presentation, a no-code platform enabling seamless NFT analytics, and the provision of in-depth data for a thorough comprehension of pertinent metrics and insights.

Our coverage includes prominent blockchains such as Ethereum, Polygon, BNB Chain, Cronos, Optimism, and Sui, as well as leading marketplaces such as OpenSea, LooksRare, and Blur, among others.

Dive into our NFT Research page to discover the depth of the data we offer. If you’re navigating uncharted territories and require data from a blockchain yet to be in our repertoire, we invite you to set sail with us.

Schedule a meeting with our team to discuss adding new chains or forging custom insights for your unique NFT collection.

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Footprint Analytics is a blockchain data solutions provider. It leverages cutting-edge AI technology to help analysts, builders, and investors turn blockchain data and combine Web2 data into insights with accessible visualization tools and a powerful multi-chain API across 30+ chains for NFTs, GameFi, and DeFi.

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