Today, Many people have realized the significance of Yuga Labs and the series of blue chip collectibles they have created. Just a little over a year ago, BAYC had its first public sale. How did BAYC's popularity skyrocket so quickly? Who discovered the potential of BAYC early on and has held it through both bullish and bearish market conditions?1. @machibigbrother· Twitter: @machibigbrother · Twitter Followers: 86.2K · Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872 · Mint Date: 2021...

Today, Many people have realized the significance of Yuga Labs and the series of blue chip collectibles they have created. Just a little over a year ago, BAYC had its first public sale. How did BAYC's popularity skyrocket so quickly? Who discovered the potential of BAYC early on and has held it through both bullish and bearish market conditions?1. @machibigbrother· Twitter: @machibigbrother · Twitter Followers: 86.2K · Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872 · Mint Date: 2021...

Flip Times and Flip Ratio are core indicators when reading NFT data. A flip happens when a seller profits from an NFT transaction, that is— the selling price is higher than the buying price. For example, if an NFT was sold 4 times in its transaction history and all of these transactions were profitable to the sellers, it means that the collection of this particular NFT had 4 flips, and the corresponding address will be recorded 1 successful flip. This indicator can be applied to a collection—...

Flip Times and Flip Ratio are core indicators when reading NFT data. A flip happens when a seller profits from an NFT transaction, that is— the selling price is higher than the buying price. For example, if an NFT was sold 4 times in its transaction history and all of these transactions were profitable to the sellers, it means that the collection of this particular NFT had 4 flips, and the corresponding address will be recorded 1 successful flip. This indicator can be applied to a collection—...

How do NFT aggregation platforms contribute to the development of the industry? Back in 2016-2018, OG NFT marketplaces like OpenSea, MakersPlace, and SuperRare surprised the market with their debuts. Some of them were only available by invitation, which means only invited artists could create and sell on these platforms. And as the market developed, more and more marketplaces emerged, and many of them are more diverse and unique than their predecessors. NFTs are also combined more with financ...

How do NFT aggregation platforms contribute to the development of the industry? Back in 2016-2018, OG NFT marketplaces like OpenSea, MakersPlace, and SuperRare surprised the market with their debuts. Some of them were only available by invitation, which means only invited artists could create and sell on these platforms. And as the market developed, more and more marketplaces emerged, and many of them are more diverse and unique than their predecessors. NFTs are also combined more with financ...

1.Market AnalysisWeekly NFT Market Volume (Source: nftgo.io)This week's trading volume fell a further 16% compared to last week, dipping below the lowest value of the year. As the market has once again gone cold, NFT projects are seeing a simultaneous drop in price and volume. Apart from blue-chip projects, which have seen a slight increase in the recent change of hands, the vast majority of projects are suffering from a lack of liquidity as seen from the low number of pending orders and...

1.Market AnalysisWeekly NFT Market Volume (Source: nftgo.io)This week's trading volume fell a further 16% compared to last week, dipping below the lowest value of the year. As the market has once again gone cold, NFT projects are seeing a simultaneous drop in price and volume. Apart from blue-chip projects, which have seen a slight increase in the recent change of hands, the vast majority of projects are suffering from a lack of liquidity as seen from the low number of pending orders and...

One of the biggest issues that web3 has faced thus far is onboarding people from Web2 to Web3. The recent release of NFTs from Reddit has done an excellent job of this. Let's take a look at the success of Reddit Collectible Avatar NFTs and how they managed to successfully integrate people from Web2 to Web3. NFTGo.io reported that the total NFT trading volume on Ethereum was about $10.68 million in the last 24 hours. During the same period, Reddit Collectible Avatars saw its trading volum...

One of the biggest issues that web3 has faced thus far is onboarding people from Web2 to Web3. The recent release of NFTs from Reddit has done an excellent job of this. Let's take a look at the success of Reddit Collectible Avatar NFTs and how they managed to successfully integrate people from Web2 to Web3. NFTGo.io reported that the total NFT trading volume on Ethereum was about $10.68 million in the last 24 hours. During the same period, Reddit Collectible Avatars saw its trading volum...

Recently there has been a trend of free mint NFT collections and some of them have excelled by a huge margin. Some famous free mints include Goblintown, We Are All Going To Die, and Ill Poop It. Now let's look at their historical peak floor price.Key TakeawaysA high-demand free mint will be minted out in a very short period of time, making the majority of NFT buyers only able to purchase on the secondary market.A good free mint will have a high ratio of only minting 1 NFT per wallet to a...

Recently there has been a trend of free mint NFT collections and some of them have excelled by a huge margin. Some famous free mints include Goblintown, We Are All Going To Die, and Ill Poop It. Now let's look at their historical peak floor price.Key TakeawaysA high-demand free mint will be minted out in a very short period of time, making the majority of NFT buyers only able to purchase on the secondary market.A good free mint will have a high ratio of only minting 1 NFT per wallet to a...

Over the past year, many changes were seen in the NFT space. As NFT traders are now making new moves, we have gathered the data of whales, the biggest players in the industry in 2022, and carried out analyses and interpretations accordingly. The term "whale" refers to individuals or organizations that hold large amounts of specific NFTs and usually have a portfolio of NFT assets. In general, we are able to determine a holder's whale qualification with their behavioral traits like capital...

Over the past year, many changes were seen in the NFT space. As NFT traders are now making new moves, we have gathered the data of whales, the biggest players in the industry in 2022, and carried out analyses and interpretations accordingly. The term "whale" refers to individuals or organizations that hold large amounts of specific NFTs and usually have a portfolio of NFT assets. In general, we are able to determine a holder's whale qualification with their behavioral traits like capital...

Over the past year, we have seen many new changes in the NFT space. NFTGo Research has teamed up with well-known researchers and NFT degens to co-write a 100-page report that includes macro and micro data trends, user profiles, whale trends, and outlook for 2023. Get your hands on 182 pages of insights, 50+ graphs, expert analysis from 11 industry leaders, 10 chapters, and 8 future predictions. Available now in 5 languages. Download Now. https://nftgo.io/research/reports/2023-nft-annual-repor...

Over the past year, we have seen many new changes in the NFT space. NFTGo Research has teamed up with well-known researchers and NFT degens to co-write a 100-page report that includes macro and micro data trends, user profiles, whale trends, and outlook for 2023. Get your hands on 182 pages of insights, 50+ graphs, expert analysis from 11 industry leaders, 10 chapters, and 8 future predictions. Available now in 5 languages. Download Now. https://nftgo.io/research/reports/2023-nft-annual-repor...

What is NFT wash trading?Wash trading or "painting the tape" is a form of market manipulation whereby market players attempt to influence the price of a security by buying and selling amongst themselves to create the appearance of substantial trading activity. The practice of wash trading may be to create the illusion that demand for a project is higher than it actually is, or simply to mine activity rewards offered by platforms that encourage platform activity.The current conditionsThe tradi...

What is NFT wash trading?Wash trading or "painting the tape" is a form of market manipulation whereby market players attempt to influence the price of a security by buying and selling amongst themselves to create the appearance of substantial trading activity. The practice of wash trading may be to create the illusion that demand for a project is higher than it actually is, or simply to mine activity rewards offered by platforms that encourage platform activity.The current conditionsThe tradi...

The NFT mint stage is a mandatory part of most project offerings. There are a series of pre-mint warm-up or community events where people can get to know the collection better and become early partakers in the community. It is worth noting that NFT mint is also a way to generate big revenue at a small cost, because more often than not, the floor price of a good collection will grow several times or even dozens of times the mint price. It is crucial to pay attention to mint-related metrics. On...

The NFT mint stage is a mandatory part of most project offerings. There are a series of pre-mint warm-up or community events where people can get to know the collection better and become early partakers in the community. It is worth noting that NFT mint is also a way to generate big revenue at a small cost, because more often than not, the floor price of a good collection will grow several times or even dozens of times the mint price. It is crucial to pay attention to mint-related metrics. On...

This week is the 48th week of the year. The current NFT market continues to be in the trough as trading volume remains at its lowest level for a prolonged period of time. However, most people are highly hopeful for the market's future. We will keep an eye on the data movement in order to capture rebound signals in time.1.Market AnalysisWeekly NFT Market Volume (Source: NFTGo.io)This week, the market saw a YoY increase of 1% in volume, but we are still stuck within the lowest range of the...

This week is the 48th week of the year. The current NFT market continues to be in the trough as trading volume remains at its lowest level for a prolonged period of time. However, most people are highly hopeful for the market's future. We will keep an eye on the data movement in order to capture rebound signals in time.1.Market AnalysisWeekly NFT Market Volume (Source: NFTGo.io)This week, the market saw a YoY increase of 1% in volume, but we are still stuck within the lowest range of the...

Many people use the bidding function when collecting their NFTs. Are traders making profits when they use bidding, and what collection has the most bidding volume? Let's dive in and find the answers.Reasons to Use WETH BidPay how much you think the NFT is worth.Bid for NFTs efficiently and save time by bidding on multiple NFTs simultaneously with the same amount of WETH.Save costs by skipping gas fees.Guide for Bidding on NFTsTo bid on an NFT you will need some WETH. You can exchange you...

Many people use the bidding function when collecting their NFTs. Are traders making profits when they use bidding, and what collection has the most bidding volume? Let's dive in and find the answers.Reasons to Use WETH BidPay how much you think the NFT is worth.Bid for NFTs efficiently and save time by bidding on multiple NFTs simultaneously with the same amount of WETH.Save costs by skipping gas fees.Guide for Bidding on NFTsTo bid on an NFT you will need some WETH. You can exchange you...