Tag: Moonstream

Moonstream.to Releases an Analysis of Over 7 Million Ethereum NFT Transactions

 Moonstream.to launched an open source tool for the quantitative analysis of the NFT market. Moonstream.to used this tool to analyze the over 7 million NFT transactions that took place on the Ethereum blockchain between April 1, 2021 and September 25, 2021 across over 700,000 accounts. Their analysis shows that the Ethereum NFT market exhibits all the characteristics of a free and open market. This includes asymmetry of ownership, with the top 16.71% of NFT owners controlling 80.98% of NFTs. Moonstream.to have also used their tool to develop a formula that determines whether a token is a utility token or a ... Read more