Author overview: Zoey | Researcher at NFTScan, NFTScan is a multi-chain NFT browser.
Today, when NFT is gradually detonating the market, various NFT projects are springing up like mushrooms, and the increasing popularity of NFT has also brought new income opportunities for investors, collectors and creators. NFT, full written as non-fungible tokens, that is, non-homogeneous tokens, which means non-fungible tokens, is a type of cryptocurrency, and each of them is unique.
However, the problems in the current NFT ecosystem bother most people: it is difficult to accurately evaluate the asset price of NFT projects, there is a lack of market dynamic information, and it is impossible to make investment decisions with data assistance. For many people, the real-time acquisition of NFT is still a problem. How to seize investment opportunities in the first place? What NFT projects are there in Mint? How to be the first to know about new hot items? For investors, relevant tools to monitor popular NFT projects, obtain minting forecasts in a timely manner, understand trends in real time, and easily view rarity data are indispensable.
Let's take the data on NFTScan as an example to learn more about how to capture NFT investment opportunities through the NFTScan browsing area.
1. About NFTScan
NFTScan is a professional NFT browser and data infrastructure. It currently supports the full amount of NFT-related data on the nine blockchains of Ethereum, BNBChain, Polygon, Solana, Arbitrum, Optimism, Moonbeam, PlatON and Avalanche.
As of November 1st, the NFTScan browser platform has analyzed and collected 505,973,906 NFT asset data, 656,080 NFT asset contracts, 1,297,316,298 on-chain records, and 62,368,895 wallet addresses holding NFT; are all growing massively. In addition, NFTScan automatically collects data from dozens of NFT trading markets including Opensea, X2Y2, LooksRare, NiftyConnect, Gem, Genie, Rarible, etc., and analyzes NFTs deployed on nine blockchain networks. The number of contracts related to the transaction agreement has accumulated a large amount of transaction data on the NFT chain.
As an independent data platform, NFTScan has its own full node index and records data on the blockchain. The team is currently focusing on the expansion of multi-chain infrastructure, covering relatively more complete and richer types of NFT data, and has the largest and most complete NFT Collection library in the entire network.
2. Time dimension
In the horizontal dimension of data, it is divided into historical data, recent data and current data. For example, the historical NFT market trend within 15min/1D/7D, and the latest NFT market performance. By observing the time axis, it is very important to know the corresponding data rise and fall. Therefore, for fans who want to understand NFT in depth, they can provide a clear framework for the entire NFT industry through data analysis.
1. Macro perspective
1) The first thing to pay attention to is the data of the entire NFT market (taking Ethereum as an example), including NFT assets on the entire chain, NFT asset contracts, records on the chain, holding wallets and the trend of total transaction volume, which is convenient for judging the NFT of the entire market heat.
2) Activity: Through real-time activities on the entire chain, it is worth reference to clearly grasp all information about which projects are currently passing through which trading markets Mint, purchase, transfer, and destruction.
3) Blue Chip: The NFT blue-chip project recognized by the vast majority of players. In the case of market fluctuations, the market performance of blue-chip NFT is relatively stable, and it is considered to be an investment target with more resilience and growth prospects.
2. Micro perspective
1）Ranking
Popular projects in the current market are also one of the most important data dimensions, so as to intuitively understand the hottest NFT subdivision projects in the current market. At present, the market value ranking of NFT in the entire market, which projects have high market value, and which are the leading brands in the market are worth investing in. This is also a major decision-making basis for estimating the value of NFT.
2) Minting and Gas Tracker
It can be very intuitive to show which projects in the market are being minted by a large number of people in the current selected time period, which NFT projects consume the most Gas fees, etc., intuitively gives the objective trend of NFT in the current market, and also reflects the NFT. Popularity ranking, providing real-time data for users or investors.
3）Trading
Through this list, investors and investors can obtain 15min-1D Volume/Sales real-time data. And each collection has its current floor price, average price, 7D average price trend and 7D transaction volume histogram to understand which are high-value projects and assets in the current time period, which projects have been traded in large quantities and their data direction.
3. Similar comparison
In the vertical dimension of data, the comparison of the NFT market is very important. In terms of project types, investors also need to understand the proportion of NFT in different markets. The comparison of NFT Marketplace can help us reflect the objective facts of the data. Investors can clearly understand the transaction data of the NFT trading market on each blockchain network Distribution, such as daily transaction volume, transaction trend, number of wallet addresses, etc.
4. Detailed indicators
When you want to inquire about a specific NFT project and learn about its details, you can search for the address or name of the NFT project in the search bar. In this Collection, you can see the full data analysis, project introduction and social media information of the NFT, such as the project overview (Overview), asset projects (NFTs), chain activities (Activity), the most holders (Top Holders ) and detailed analysis (Analytics).
1) Overview (Overview) includes not only some basic information and social media of the NFT project, but also includes the trading volume, transaction value, price, market distribution and transaction distribution in Trending of all time historical records, and changes in holding traders , shareholding allocation and relevant data analysis of holding period distribution, to understand the approximate model of the entire project from a macro perspective.
2) Assets (NFTs) display all Items under the project. Each Item under the NFT collection has a specific description of rarity characteristics and detailed data on the information on the chain, such as Metadata, attribute parameters, historical activity records, transaction records, etc. , investors can have a clear and comprehensive understanding of the Item.
3) Under each Collection, there are all on-chain activities of the project (Activity), including all information on Mint, purchase, transfer, destruction, etc. In addition, the hash address of the transaction, consumed Gas, wallet address, etc. are displayed. When making an NFT purchase decision, you can use the historical information of the NFT, especially the historical holders.
4) Of course, investors can see the list of the number and details of the top holders (Top Holders) and other detailed analysis of the project (Analytics), such as blue chip rate, top ten buyers and top ten sellers list , who gets the most profit in the project, and the trend of the project, etc.
5) Investors can link wallets to manage their own personal pages. The NFTScan browser provides some personalized services to help NFT users better interact on the chain. Click the small wallet icon in the upper right corner to connect to your personal wallet. Users can choose an NFT asset as their avatar, bind social accounts, view their own NFT holding data and distribution, and add items they are interested in to the Watchlist to better observe the data changes of the item.
In addition to fully understanding the basic information of the market and even the project, the overall trend and all-round data support from the macro to the details are also very important. Of course, during this process, everyone can use NFTScan. The multi-chain NFT browser is free to provide real-time NFT data to anyone who wants to track NFT trends or understand historical information and market trends.
Through NFTScan, users can directly see the objective facts that are happening on the chain every moment. Whether it is a novice who has just learned about NFT or an investor, these data can help quickly establish a basic understanding of the NFT market. At the same time, by viewing the changes in the data ranking, you can quickly discover popular projects in the first place and perceive the changes in the NFT market trend.
The above content is only a personal opinion, for reference and communication only, and does not constitute investment advice.