Introduction

In this dashboard, we take a look at wallets that bought NFTs from Rand Gallery in Algorand.

We take a look how many wallets have ever purchased an NFT from Rand Gallery, as well as the weekly number of new wallets buying from the Gallery since its inception.

We also show the distribution of how many NFTs each unique wallet has bought as well as the distribution of ALGOs spent by each wallet buying NFTs.

Finally, we show the top wallets by the number of NFTs bought and by total ALGOs spent.

To build this dashboard we built a table of NFT sales on Rand Gallery since its inception (the summarized query that we used can be found here using Flipsidecrypto’s algorand.asset_transfer_transaction, algorand.payment_transaction and algorand.asset tables. To build said table, the following algorithm was followed:

• Check payment transactions that sent an ALGO amount to RAND’s wallet.
• Identify if one NFT was transferred or closed on the Transaction Group.
• Identify NFTs as assets in the assets table with a supply of 1.
• Mark transactions that meet said criteria as sales and extract asset, buyer, price and royalties + commission information.

New and cumulative unique wallets

The following charts show the number of weekly wallets that bought their first NFT in Rand and the cumulative number of wallets that have bought NFTs from Rand.

As we can see, it took some time before Rand gallery really took off in terms of adoption. However, its influx of new users was continuously accelerating (with some noise) until it peaked in the first week of 2022. Since then, it has retraced back some, although slowly and noisily.

By the start of September only 225 wallets had bought NFTs on rand. By the end of the year more than 2600 had bought. To date, 6574 wallets had ever bought at least one NFT in Rand Gallery.

NFTs bought by wallet distribution

The following charts show the distribution of NFTs bought by wallet on Rand Gallery.

ALGOs spent by wallet distribution

The following charts show the distribution of ALGOs spent on NFT sales by wallet on Rand Gallery.

Top buyers and spenders