fxhashturnsone

observation

DCT

Observations on the Impact of Participation in #fxhashturnsone on Artists' Sales

written by RamiC who

15 Jan 202364 EDITIONS

1 TEZ

Artists

Selection Criteria
List of Artists

Data Sources

Website
Tools

Types of Calculation Results

Income 1st Sales
income 2nd Sales
Average Price 1st
Average Price 2nd

Results of Observations

Significant Increase
Roughly the Same
Significant Decline

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Artists

Selection Criteria

#fxhashturnsone work has at least 150 minted
Publish at least one work before & after participating in #fxhashturnsone (including collab)

List of Artists

25 artists in total (sort alphabetically) :

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Data Sources

Data Collect At: 2023 / 1 / 7

Website

Tools

Python selenium -> Crawling for gas fee on TzKT.io

Python matplotlib -> Drawing charts of results

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Types of Calculation Results

Income 1st Sales

1st sales (tez) × Primary split × Platform commission

Actual income for artists in primary market

Income 2nd Sales

2nd sales (tez) × Royalties × Royalties split

Actual income for artists in secondary market

Average Price 1st

( 1st sales (tez) ＋ total gas fee ) ÷ 1st sales (nb)

Average transaction price in primary market

Average Price 2nd

2nd sales (tez) ÷ 2nd sales (nb)

Average transaction price in secondary market

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Results of Observations

Left Bar -> previous works
Middle Bar -> #fxhashturnsone
Right Bar -> subsequent works
There are some details under the charts

Significant Increase

A total of 12 artists saw a significant increase in sales after participating in #fxhashturnsone:

Alejandro

"Enfantines II. Enfantillages Pittoresques" sells for 24 tez (Dutch Auction) with 439 minted

danieljulia.tez

The only one who burnt #fxhashturnsone works | Have one of the most extreme growth in sales, 24 tez (Dutch Auction) with 300 minted

Diego Pintos

"d/e/m/boss invaders" sells for 3 tez (Dutch Auction) with 256 minted

DistCollective

HAL09999

[fxhashturnsone] 2022 A Generative Odyssey

"Univercell" sells for 24 tez with 120 minted | Some royalties of three works are for minters

hrunz

"Levitation" sells for 7 tez (Dutch Auction) with 256 minted | 99% of 1st sales from "Capture" was donated

Murat Atimtay

"Florescence" is a collaboration work, 20 tez (Dutch Auction) with 350 minted

nudoru

"Splinter" sells for 6 tez (Dutch Auction) with 300 minted

P1x3lboy

"New Year's Chandelier" sells for 1 tez (Dutch Auction) with 100 minted | The other two works have not fully minted yet

Qotonana

"Voyage" sells for 48 tez (Dutch Auction) (not fully minted yet)

revdancatt ( has two #fxhashturnsone works, but we only choose one )

"10PRINT - Example" sells for 0 tez | 100% of 1st sales from "BRTLSMBRTHDY" was donated

Thomas Noya

"a fortiori" is a collaboration work (15 tez, 500 minted)

Roughly the Same

A total of 6 artists did not show much obvious difference in their sales after participating in #fxhashturnsone. However, subsequent works usually sell slightly better than previous ones:

Dirbots

60% of 1st sales & royalties from "Fragment of Time" was donated | 20% of royalties from the other works are for minters

ella

50% of 1st sales from "celebration!" was donated to "Savepakistan"

Lammetje

markknol

"Blind Gallery Club Membership" is a collaboration work which sells for at least 100 tez (Dutch Auction)

pifragile

100% of 1st sales & 50% royalties from "Fx(hash) Generative Birthday Candle" was donated (not fully minted yet)

smldms

All three works sells for 1 tez | "Circular Growth" & "Energy Flow" have not fully minted yet

Significant Decline

A total of 7 artists saw a significant decline in sales after participating in #fxhashturnsone , most of them for special reason. Therefore, their sales position was underestimated: