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NFT Stats (March 2021) - Research Methodology​

Detailing the research process for NFT statistics (March 2021)​

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NFT Stats (March 2021): Research methodology

  1. Main data on NFTs was calculated by extracting different datasets from nonfungible.com​

2. We analyzed the results based on the following data points:

  • Total all-time sales
  • Last 7 days sales
  • Last 30 days sales
  • Total market cap
  • Average all-time price
  • Average price (30 days)
  • Average price (7 days)

3.Next we used Google sheets to calculate the total sales of top 10 NFTs in the last 7 days, 30 days, and all-time. Here are the results - https://docs.google.com/spreadsheets/d/18mJDscLzjkrCAJNFBRgg9eaJHJpEyrSL16mru6nOnzg/edit?usp=sharing

4. We calculated the percentage of increase/decrease in sales volume for each of the top 10 NFTs.

5. We also curated stats for the most expensive NFTs using sites like businesswire.com​ and cnbc.com​.

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