It also serves as a solid foundation for your more complex NFT analysis projects in the future. The NFT Starter Kit will give you a foundation for analyzing NFT trends so that you can bring some data to your purchasing decisions, or just learn about the NFT space from a data-driven perspective. We give you all the tools, code, and queries to take you from zero to NFT hero. So to help fellow developers make sense of the NFT space, we created the NFT Starter Kit, a step-by-step guide to collecting, storing, analyzing, and visualizing NFT data from OpenSea, the world’s largest NFT marketplace.
You have to go directly to the data.Īs the developers of TimescaleDB, an open-source time-series database powered by PostgreSQL, we build tools that empower people and companies the world over to harness the power of data. Sometimes reading articles, Twitter threads, and email newsletters isn’t enough. With a new crypto market once again awash with speculation and hype, it’s important to leverage all the tools at our disposal in order to make sense of the noise.
It reached a peak of 100 or all-time popularity during late August and early September 2021. Interest in NFTs has exploded in 2021, as shown by this Google Trends chart for the search term “NFT”.
Even Snoop Dogg revealed himself as an avid NFT collector under the pseudonym Cozomo de’ Medici! NFT marketplaces like OpenSea, Rarible, and Foundation benefited as new NFT prospectors joined and bought items out of curiosity, hype, or because something “looks rare'' and hoped others thought the same. We saw the emergence of the Twitter profile picture flex, where new NFT owners would flex their purchase of a piece from collections like Bored Ape Yacht Club, Cryptopunks, and AfroDroids, driving FOMO and a flurry of interest and new money into the NFT space. Unlike Bitcoin (BTC) and Ether (ETH), where each token is mutually interchangeable, each NFT is a unique digital asset representing ownership of a digital item stored on the blockchain.Ģ021 saw a Cambrian explosion of NFT projects as both crypto enthusiasts and artists - musicians, illustrators, and filmmakers - created NFTs to share their work with the world in an innovative way and created communities around NFT projects. But the front-runner for biggest winner in crypto for 2021 belongs to one idea: NFTs. Some of the highlights include: the Bitcoin price reaching an all-time high, the first-ever Bitcoin ETF on the New York Stock Exchange, a thriving DeFi ecosystem, crypto on the balance sheets of companies like Tesla, support for cryptocurrency tips on Twitter, and maybe even WorldCoin's retina-scanning orb. And the Time Travel Tigers NFT Collection!Ģ021 has been a big year for crypto so far. Introducing the Timescale NFT Starter Kit, a step-by-step guide to get up and running with collecting, storing, analyzing, and visualizing NFT data from OpenSea.
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