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

Table of Contents

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

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

List of Artists

25 artists in total (sort alphabetically) :

| Alejandro | danieljulia.tez | Diego Pintos | Dirbots | DistCollective

| ella | Gin_ | HAL09999 | hrunz | Lammetje

| markknol | mido | Murat Atimtay| nudoru | Orr Kislev

| P1x3lboy | pifragile | Qotonana | r1b2 | revdancatt

| smldms | Thomas Noya | whitekross | xiiixiii | yenren

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Data Sources

Data Collect At: 2023 / 1 / 7

Website

• Fxhash GraphQL
• TzKT.io

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

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danieljulia.tez

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Diego Pintos

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DistCollective

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HAL09999

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hrunz

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Murat Atimtay

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nudoru

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P1x3lboy

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Qotonana

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

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Thomas Noya

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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

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ella

::tezos-storage-pointer[]{contract="KT1BJC12dG17CVvPKJ1VYaNnaT5mzfnUTwXv" path="ledger::21466" data_spec="FX-GEN-DATA-002"}

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Lammetje

::tezos-storage-pointer[]{contract="KT1BJC12dG17CVvPKJ1VYaNnaT5mzfnUTwXv" path="ledger::21391" data_spec="FX-GEN-DATA-002"}

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markknol

::tezos-storage-pointer[]{contract="KT1BJC12dG17CVvPKJ1VYaNnaT5mzfnUTwXv" path="ledger::21189" data_spec="FX-GEN-DATA-002"}

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pifragile

::tezos-storage-pointer[]{contract="KT1BJC12dG17CVvPKJ1VYaNnaT5mzfnUTwXv" path="ledger::21322" data_spec="FX-GEN-DATA-002"}

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smldms

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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:

Gin_

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mido

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Orr Kislev

::tezos-storage-pointer[]{contract="KT1BJC12dG17CVvPKJ1VYaNnaT5mzfnUTwXv" path="ledger::21373" data_spec="FX-GEN-DATA-002"}

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r1b2

::tezos-storage-pointer[]{contract="KT1BJC12dG17CVvPKJ1VYaNnaT5mzfnUTwXv" path="ledger::21528" data_spec="FX-GEN-DATA-002"}

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whitekross

::tezos-storage-pointer[]{contract="KT1BJC12dG17CVvPKJ1VYaNnaT5mzfnUTwXv" path="ledger::21323" data_spec="FX-GEN-DATA-002"}

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xiiixiii

::tezos-storage-pointer[]{contract="KT1BJC12dG17CVvPKJ1VYaNnaT5mzfnUTwXv" path="ledger::21450" data_spec="FX-GEN-DATA-002"}

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yenren

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