NFTek's Weekly 7-Graphs: II
Here's a second digest of key NFT trends, visualised.
ENS names and digits are on their own bull run since a while now with no real signs of cooling-off: “About 30-60k people have joined the ENS fam each month since November last year. We are very close to hitting a total of 500k unique addresses with an ENS name.”
2. All the while volumes are off-the cliff again with the ETH price surge. People holding onto the token itself for now, till we stabilise again make prices recognisable for the average NFT flipper:
3. NFTworlds didn’t go to zero after the Minecraft ban, impressive:
4. Most DeFi users left (honestly why bother rn?) - NFT people, not so much. Maybe we’re not adding too many new people, especially in alternative chains, but communities seem to be hanging around:
5. OpenSea gets a lot of heat for their lacklustre UX, but has no problem adding users so far - bear in mind a lot of these are extra accounts by the same users who are now using multiple addresses to store/mint NFTs:
6. Remember Art Blocks?
7. The Otherside First Trip was a consensus-success - yet interestingly didn’t reflect on the price. Perhaps no retail attention yet to sweep the heavy floor?
See y’all next week with more graphs & commentary. Do share this around pls.