Decentralization & Market Activity scores for Avalanche NFT collections
The main idea of this project is to assign a Decentralization score & Market Activity score on NFT Collections on the Avalanche Network. I plot each collection to a Scatter Chart (top 10 collections by total transaction count), allowing the user to select collections of his choice instead.
How it's made
Using Covalent API data, I make use of total transaction count, unique tokenID sales and unique wallet sales count variables, to calculate the aforementioned scores. Market Activity score = Collection All-Time Transaction Count / Unique TokenIDs All-Time Sales Count Decentralization score = Unique Wallet All-Time Purchase Count / Unique TokenIDs All-Time Sales Count