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Footprint Analytics is a comprehensive blockchain data analytics platform that simplifies analysis and community management for sustainable
Footprint AnalyticsAfter its Airdrop, Where Does Blur Stand in the Market?
One year ago, the volume of NFT transactions going through aggregators began to snowball, even exceeding the volume going directly through marketplace platforms at times. While aggregator usage declined from October to January, Blur.io has since exploded in popularity in 2023, even engaging in a public confrontation with OpenSea over royalties. This month, Blur overtook OpenSea in transaction volume and had a massive airdrop event.Blur Aggregator Trading Volume vs. Marketplaces Footprint Anal...
Footprint AnalyticsGrowthly Quest Tools Now Free and Open to All Web3 Projects
Author: Stella L (stella@footprint.network) Footprint Analytics is excited to announce that Growthly, our intuitive no-code viral Quest solution, is now open to all Web3 projects! For a** limited time**, we’re offering free access to Growthly’s Quest H5, SDK, and mini apps to help projects boost user acquisition and retention through engaging, gamified experiences.Why Growthly?Growthly has already demonstrated remarkable success in the Web3 space, powering projects like Ton.AI to achieve over...
Footprint AnalyticsWhat is the Element NFT marketplace and NFT aggregation?
Oct. 2022, Vincy Data Source: Footprint Analytics — Element NFT Marketplace NFT marketplace Element was launched on July 1, 2021 as a solution to the problem of fluctuating interest rates on most DeFi programs and the liquidity of the principal after user deposits. On August 15, the platform officially launched its version** **2.0, which faces a different sector than the original version. Now, the platform calls itself the first community-driven decentralized NFT aggregation marketplace. This...
Footprint Analytics is a comprehensive blockchain data analytics platform that simplifies analysis and community management for sustainable
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Author: Daniel@footprint.network
Source: NFT Monthly Report
January was the best month for token prices in almost a year, with ETH, BTC, and altcoins making their sharpest gains since July. Naturally, this led to increased volume and market cap in the NFT industry.
Some metrics were predictable, like the number of investment rounds closed continuing to slide. The breakdown of NFT volume by chain has stayed the same, with Ethereum still the go-to chain for NFTs, followed distantly by Solana and Polygon.
However, other developments were both significant and unexpected. Whereas during the bull market, analysts and experts debated whether LooksRare or another marketplace would overtake OpenSea, NFT aggregators have become the dominant force in the industry. While we covered the emergence of these platforms last November, a new aggregator, Blur, has taken the sector by storm, becoming a leading player.
ETH increased from the low-$1,200s zone at the end of December to a January high of $1,660
The market cap of NFTs reached its peak on January 26 at $20B
Since November, the volume of NFT trading has been steadily increasing, reaching $989.9M in January.
Weekly NFTs users reached its apex of 127,887 on Jan. 27 the highest since last January and February.
Market share per chain remained almost the same as before, with Ethereum in the lead, followed by Solana and Polygon.
The percentage of trading on Ethereum detected as wash trading was 22% of the total, up from 19% in December
LookRare was the second most profitable NFT marketplace after OpenSea, generating $553M in platform fees
Aggregator platforms have become the go-to places to buy NFTs, and Blur has become the leader in this field
The NFT category continued witnessing a drop in rounds closed MoM, with 7 compared to December’s 5
Candy Digital, a sports NFT firm, closed the largest round with a $38M Series A
ETH increased from the low-$1,200s zone at the end of December to a January high of $1,660.
Going by token prices, January was a nice reprieve after a year of significant downward pressure created by macroeconomic conditions and compounded by a string of collapses in crypto.
The market cap of NFTs grew from $13B in December to $20B in January.
This was its largest monthly increase since July. For reference, the ATH of NFTs was $41B last April. The average per day was $18.9B.
Since November, the volume of NFT trading has been steadily increasing, reaching $989.9M in January.
NFT Volume by Chain (with Wash Trading Filtered)
There were more weekly NFTs users at the end of the month than ever since January and February 2022, reaching its apex at 127,887 weekly users on Jan 27.
The ATH for this metric was Feb. 2, 2022, with 132,139
The market share per chain for volume remained almost the same as previous months.
NFT Volume by Chain (with Wash Trading Filtered)
Ethereum remained far ahead in the lead, followed by Solana and Polygon.
LookRare was the second most profitable NFT marketplace after OpenSea, generating $553M in platform fees
Previously, many attributed LooksRare’s success entirely to wash trading. While much of the platform’s activity in prior months was not genuine, more recent analytics show that it is a span competitor to OpenSea with real trading.
Aggregator platforms have become the go-to places to buy NFTs, and Blur has become the leader in this field
Blur Aggregator Daily Trading NFTs by marketplace (share)
The NFT category continued witnessing a drop in closed rounds MoM, with 7 compared to December’s 5.
Investment by Category (Jan. NFT Report)
On the other hand, across the entire blockchain industry, January was the first in seven months that saw an increase in the number of rounds closed in the blockchain industry (74 compared to December’s 54.) Candy Digital, a sports NFT firm, closed the largest round with a $38M Series A.
This piece is contributed by Footprint Analytics community.
The Footprint Community is a place where data and crypto enthusiasts worldwide help each other understand and gain insights about Web3, the metaverse, DeFi, GameFi, or any other area of the fledgling world of blockchain. Here you’ll find active, diverse voices supporting each other and driving the community forward.
*Footprint Website: *https://www.footprint.network
*Discord: *https://discord.gg/3HYaR6USM7
*Twitter: *https://twitter.com/Footprint_Data
Author: Daniel@footprint.network
Source: NFT Monthly Report
January was the best month for token prices in almost a year, with ETH, BTC, and altcoins making their sharpest gains since July. Naturally, this led to increased volume and market cap in the NFT industry.
Some metrics were predictable, like the number of investment rounds closed continuing to slide. The breakdown of NFT volume by chain has stayed the same, with Ethereum still the go-to chain for NFTs, followed distantly by Solana and Polygon.
However, other developments were both significant and unexpected. Whereas during the bull market, analysts and experts debated whether LooksRare or another marketplace would overtake OpenSea, NFT aggregators have become the dominant force in the industry. While we covered the emergence of these platforms last November, a new aggregator, Blur, has taken the sector by storm, becoming a leading player.
ETH increased from the low-$1,200s zone at the end of December to a January high of $1,660
The market cap of NFTs reached its peak on January 26 at $20B
Since November, the volume of NFT trading has been steadily increasing, reaching $989.9M in January.
Weekly NFTs users reached its apex of 127,887 on Jan. 27 the highest since last January and February.
Market share per chain remained almost the same as before, with Ethereum in the lead, followed by Solana and Polygon.
The percentage of trading on Ethereum detected as wash trading was 22% of the total, up from 19% in December
LookRare was the second most profitable NFT marketplace after OpenSea, generating $553M in platform fees
Aggregator platforms have become the go-to places to buy NFTs, and Blur has become the leader in this field
The NFT category continued witnessing a drop in rounds closed MoM, with 7 compared to December’s 5
Candy Digital, a sports NFT firm, closed the largest round with a $38M Series A
ETH increased from the low-$1,200s zone at the end of December to a January high of $1,660.
Going by token prices, January was a nice reprieve after a year of significant downward pressure created by macroeconomic conditions and compounded by a string of collapses in crypto.
The market cap of NFTs grew from $13B in December to $20B in January.
This was its largest monthly increase since July. For reference, the ATH of NFTs was $41B last April. The average per day was $18.9B.
Since November, the volume of NFT trading has been steadily increasing, reaching $989.9M in January.
NFT Volume by Chain (with Wash Trading Filtered)
There were more weekly NFTs users at the end of the month than ever since January and February 2022, reaching its apex at 127,887 weekly users on Jan 27.
The ATH for this metric was Feb. 2, 2022, with 132,139
The market share per chain for volume remained almost the same as previous months.
NFT Volume by Chain (with Wash Trading Filtered)
Ethereum remained far ahead in the lead, followed by Solana and Polygon.
LookRare was the second most profitable NFT marketplace after OpenSea, generating $553M in platform fees
Previously, many attributed LooksRare’s success entirely to wash trading. While much of the platform’s activity in prior months was not genuine, more recent analytics show that it is a span competitor to OpenSea with real trading.
Aggregator platforms have become the go-to places to buy NFTs, and Blur has become the leader in this field
Blur Aggregator Daily Trading NFTs by marketplace (share)
The NFT category continued witnessing a drop in closed rounds MoM, with 7 compared to December’s 5.
Investment by Category (Jan. NFT Report)
On the other hand, across the entire blockchain industry, January was the first in seven months that saw an increase in the number of rounds closed in the blockchain industry (74 compared to December’s 54.) Candy Digital, a sports NFT firm, closed the largest round with a $38M Series A.
This piece is contributed by Footprint Analytics community.
The Footprint Community is a place where data and crypto enthusiasts worldwide help each other understand and gain insights about Web3, the metaverse, DeFi, GameFi, or any other area of the fledgling world of blockchain. Here you’ll find active, diverse voices supporting each other and driving the community forward.
*Footprint Website: *https://www.footprint.network
*Discord: *https://discord.gg/3HYaR6USM7
*Twitter: *https://twitter.com/Footprint_Data
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