5) It is very interesting to query and see the number of sales in the OpenSea that nearly 11% of the sales happens for OpenSea Shared Storefront and 10% approx for ENS.
All the collections are less than 4% in the sales. @Covalent_HQ
11) The Revenue Metrics is the best tool to calculate and analysis the Revenue that the marketplace is earning by Fee, Volume and Categorize the User Type or get an insight on the best trending collection in OpenSea and the earnings of the NFT collection @Covalent_HQ
4) There are a lot of Chains and networks and protocols in the Blockchain. There is a big gap in the blockchain industry to get the data from the blockchain and analyze the data. @Covalent_HQ
3)
What are some next steps to drive these RRR metrics?
The Next Step is to convert the metrics into API Calls to use it for the Real Time data analyst to get the insights that could drive the customers to buy the best NFTs or invest the Crypto in DeFi and DeX etc
@Covalent_HQ
Revenue: This metric is much more important for any data analyst as this metric deals with the revenue data. The categorization and finding the user type can give us more insight on the sales and revenue generated from user type. @Covalent_HQ
Data Alchemist Module 3
1) Reach is the great framework to identify the User base, sales base and Volume Base.Retention metrics show the data of cohort retention for the buyers and sellers.
@Covalent_HQ
it was nice journey to learn and explore from Data Alchemist program launched by @Covalent_HQ . Great Initiative which is great as The Graph. The Blockchain Query concept they have initiated is a breakthrough who can query with simple SQL Statements. @Luke_Harriman 🔮.