Today we are sharing the overview impact of fees structure for the overall ecosystem, for example:
Uniswap protocol fee: $1,900,000
Ethereum gas fee: $1,884,000
BNB Chain gas fee: $585,115
Compared with YugaLabs, Uniswap is the biggest protocol having the highest value consensus. You have to say, building a big ecosystem is hard, the same ask building a DApp.
Today we gonna share with you the Binacne NFT data. If you noticed, you could create NFT smoothly on Binance.com. It's a CeFi/DeFi hybrid system in that you can pay BNB originally in your Binance account but generate an on-chain collection NFT on BNB Chain.
TL;DR: You can create NFT now on Binance.com and then list it on OpenSea if you want.
As you can see, you also can share the NFT you created on Binance.com and share on Twitter. It's quite powerful.
As you can see, the weekly performance still the BNB chain is the biggest in # of weekly active addresses. We have to admit that the FTX dropped because of people will come back to EVM chain once Solana network is fallen.
This week is a terrible week that nobody wants to go. I analyzed the protocols by each and find out the revenue protocol compared with L1, protocol, and NFT creators.
We can compare these in multiple ways based on the fee revenue.
Uniswap benefits from the impact of FTX falls. People are panic selling on-chain.
The Fee for Gass fee on ETH is a bit high because of usage on DEXs.
Today we gonna check the detail of the ERC1155 + ERC721 transaction data on-chain.
As you can see, the weekly active addresses in NFTs are still quite high. Still over 180k++ in Ethereum mainnet. This means people are still quite optimistic about the NFT market.
More than that, if you compare the ERC1155 versus the ERC721. The potential of ERC1155 still quite huge.
Today we gonna see the weekly vol of on-chain active addresses on ETH.
As we all know, the ETH is still the major user to buy/sell NFTs. Especially on OpenSea.
As you can see, the weekly active users is tank at this stage. We can confine that we are just waiting and looking for the new trend and a new paradigm shift in the NFTs applications. Then the market will be back.
I think most people don't understand how much the fee is generated from Royalties Fee on a weekly basis. More than that, Yuga Labs is the most profitable IP business ever.