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Methodology

NFT Market Overview

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Market overview
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© SEALAUNCH 2024

Methodology

SeaLaunch’s mission is to make onchain data less overwhelming and more actionable for leadership and product teams building in Web3, but also for anyone interested in a more data-driven approach.

It’s important to note that the onchain data shown on our platform expresses an editorial point of view by our team. We do not show all the onchain or NFT data available but choose to present what we consider to be relevant and what adds value to our audience and the larger Web3 community.

For transparency and clarity’s sake, we share the criteria we follow to show specific market metrics, or specific NFT collections.

General criteria

  • Currently, SeaLaunch only features NFTs issued on the Ethereum blockchain (ERC-721 and ERC-1155);
  • Strong reputation and notability within the NFT community;
  • We disclose all the NFT collections that constitute each chart.

Market overview and marketplaces

Market and Marketplaces charts allow both Web3 leadership and product teams but also investors to gain a broader and longer-term view of the NFT market performance (last 90 days and last year) by tracking:

  • NFT sales volume;
  • NFT unique sellers and buyers;
  • Number of sales.

Additionally, it can capture the market’s shifts and spot trends by observing NFT marketplaces’ activity.

Top NFT collections

Top NFT collections are the ones that meet the following criteria:

  • Top 14 NFT collections with the highest sales volume over the last 120 days;
  • All the charts refer to the last 60 days 10% percentile price, median price, and volume;
  • All values in the charts are presented in ETH;
  • Historic relevancy, strong reputation, and notability within the NFT community.

Note that these criteria are revised periodically. Additionally, these criteria can be updated if a new blockchain is added (e.g.: Solana NFTs or BSC NFTs) or if market conditions change dramatically.

Note that these criteria are revised periodically. Additionally, these criteria can be updated if a new blockchain is added (e.g: Solana NFTs or BSC NFTs) or if market conditions change dramatically.