Cryptocurrency | The Role of On-Chain Data in Web3 Call for Papers: Buterin's Proof of Stake e-book has been 1XX swiped😱

When it comes to blockchain analysis, many times everyone's mind will turn to the price of the candlestick and the candlestick, and the NUPL, MVRV, BDR introduced by @Reading Bigeng and @Uncle Xin ... But blockchain and Web 3 There's a lot of stuff in itself, the most well-known of which is the Dune Analytics on-chain data tool. Sorry, I'm definitely a newbie in data analysis or anything, so I just used this article to explore this lovely and fascinating piece of... virgin land with you all.

IFTTT for blockchain data

If you have used IFTTT , a website that automatically retweets and engages in smart home lighting and air conditioning, I think Dune Analaytics is a bit similar to it: everyone can freely set up their own dashboards, and then Others can modify the original dashboard into a dashboard suitable for their own use, and strive for excellence.

The general use of Dune Analytics is free, but what you do and what dashboards you build will be seen by others, and you need to queue up to query specific information. The paid version can be used without queuing and without opening the dashboard for others to check, which is suitable for enterprise use. It's just that Zengtong is like me, so of course open a free account. Well, let's be clear, you don't need to register for an account to view Dune Analytics content, you only need to register to create a dashboard.

Break down barriers with translation

Many times we will say that I don’t understand English. It’s inconvenient and I don’t want to learn it, but if you use Brave’s built-in translation function, you can translate the content into Chinese. Although some words may not express the meaning, you can at least understand some basics.

Start learning to see pictures

In the upper left corner of the website https://dune.com/browse/dashboards is the search bar, just find a topic you like. At the beginning, it is better to be simple. Find a new topic: the new book of Proof of Stake by V God, as long as you donate to GitCoin, you will get an e-book and a "soul-bound NFT". If you have watched "Ethereum Raid", you will know that V God started writing Bitcoin manuscripts, and more than ten years of articles have been compiled into a book, even if there is no NFT itself, it is already interesting enough. Searching in Dune Analytics, you can see that there are already several dashboards, and among them @ivanmolto has the highest number, just click into it and take a look.

@ivanmolto / Proof Of Stake by Vitalik Buterin - Digital Book Full Image

Study it one by one separately:

Total Donated The total number of donations <br class="smart">The most direct view is that 297.01 $ETH have been donated

#Donatiions Donations
60,520, if 500 books in the real world in Hong Kong and Taiwan are a swipe, then the POS e-book of V God has already... 120 swipes!

Unique Donors Don't Repeat Donors <br class="smart">For example LikeCoin Writing NFT Someone with a Japanese name buys several at a time (laughs). So among the 57,341 unique donors, there must be someone who has more than one book and one "soul-bound NFT" (so did he/she create a sub-spirit? Laugh again!)

Cumulative Donations vs ETH Donated by Hour
It's been all the way up, but sales have slowed significantly in recent days.

Range of ETH donated per # Donors The range of ETH donated by each donor <br class="smart">There are 28,436 donations less than 0.001 ETH, which is 47% of the total number, everyone is economical. The highest amount has 9 donations greater than 0.5 ETH. The circle chart further shows the scale in color.

# Donations by Hour how many people donate every hour
ETH Donated by Hour amount of ETH donated per hour
On August 27, the number of sales and donations rose the highest, and the numbers have been falling since then, which is very reasonable.

# Donations by Day How many people donate every day
ETH Donated by Day The amount of ETH donated per day <br class="smart">has the same trend as "hourly".

Total Minting Gas Costs The total cost of minting Gas <br class="smart">Raising 297.01 ETH with 282.70 ETH is very wasteful. If Gas is cheap, everyone can donate more money.

# Donations by Donor The number of donations <br class="smart">of the donors is the highest. The brother/purse has 27 times and 27 soul bindings.

ETH Donated by Donor ETH donated by donors
The brother with the highest donation number donated 1.3370 ETH.

The above is a very superficial analysis of the book Proof Of Stake. It is simply too simple to be simple. I don't even know that I have analyzed three small books. But in any case, there are so many people who buy books under the order of V God and this is just a digital copy. If physical book sales are added, it may be listed on Jianli's Daquan (Taiwan seems to be called Jin's Daquan) to become the most sold blockchain soul-bound NFT first. Not one person can tell.

And my conclusion after reading the entire dashboard is: hurry up and buy a Proof Of Stake!

Finally, I want to say that it is not really my turn to talk about analysis. The experts are in Matt City, such as @zzzyx who analyzed the data on The Space chain from Dune Analysis . And @CrypToN3 publishes "NFT market data dynamics" in the Matters Discord #nft-discussion area every day , don't miss it if you want to learn.

Looking forward to the chance to try out FootprintAnalytics and see what a premium membership is like.