Mirror Analysis: Week 22 in Review (2024)

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This entry is part of the series: Mirror Entries Analysis. Each week, Post3 utilizes data extraction and data analysis techniques to deliver insightful reports with information concerning authors, articles, revenue, chains, keywords, and more, derived from exploring Mirror data.

A filter is applied to the extracted data. For instance, entries with one-word titles and bodies with less than 55 words are not considered to minimize the noise and incentivize good writing practices. In addition, Large Language Models (LLMs) are utilized to obtain tags from each article.

On week 22 we tackle the following questions:

  1. What are the general statistics?

  2. How does the user activity change over the week?

  3. Who are the authors from whom people have collected the most?

  4. Which entries were the most collected?

  5. Which authors/publications generated the most revenue?

  6. Which entries generated the most revenue?

  7. What was the networks/chains usage?

⚠️ Note: The number of collections/mints of some entries might have changed at the time I’m writing.

Let's begin to analyse 842 posts collected from week 22.

1 - What are the general statistics?

By analyzing weekly statistics, we can gain insights into user activity and identify any imbalances in collection and revenue distributions. Let's explore the total collected and earned revenue (in USD) along with the average (mean), middle value (median), and spread (standard deviation) of these metrics.

| Features    | Total    | Mean     | Median   | Std      |
| ----------- | -------- | -------- | -------- | -------- |
| Collections | 765.0    | 1.1      | 0.0      | 12.9     |
| Revenue     | 859.3    | 1.2      | 0.0      | 13.5     |

2 - How does the user activity change over the week?

While there are several ways to measure the user activity on Mirror, one that gives us a better understanding of the writers' activity, is by observing the total of articles created per day of the week, along with the number of collections and revenue. By visualizing these three metrics in a single chart, we can identify potential correlations between them.

Bar chart showing the number of entries, collections and revenue per day
Bar chart showing the number of entries, collections and revenue per day

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3 - Who are the authors/publications from whom people have collected the most?

The number of times an article has been collected/minted serves as a valuable metric to understand an author's popularity on Mirror. The “Author“ is the publication/newsletter, some authors such as protocols and ecosystems have several contributors that write to their publications. Let’s take a look at the ones whose work has attracted more collectors.

Bar chart showing the authors with the most collections
Bar chart showing the authors with the most collections

Below is the list of the authors/publications with the most collections:

  1. Base

  2. Fuel Labs

  3. Lama

  4. Layer3

  5. Gitcoin

  6. Abnehmen Medikamente

  7. Eclipse Foundation

  8. Kwenta

  9. OMEGA Network 💻

  10. CoinFoin

  11. PHENOMS

  12. Taiko Ecosystem

  13. PYUSD

  14. Superseed

  15. PoolTogether

  16. Socket Protocol

  17. Music Protocol ⛓️ 🎧

  18. Chakra

  19. Reveel

  20. Elys Network

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4 - Which entries were the most collected?

Some authors publish several times in a weekly period, which grants them more collections than others. Hence we need to take a look at entries individually, to see which ones performed better. These are the top entries:

Bar chart showing the entries with the most collections
Bar chart showing the entries with the most collections
  1. Introducing BaseCamp 001: onchain–offgrid

  2. Introducing Fuel Testnet on Sepolia

  3. Onchain Summer Roadmap

  4. Infinity CUBEs, Memecoins, & New Rewards

  5. Gitcoin Grants 20: Results & Recap

  6. Cryptara Conquest Triumphs in Eclipse

  7. GateGameFi: The First GameFi Project on Omega Network with a 150,000 OMN Airdrop Prize Pool!

  8. RENEGADE'S REDEMPTION: VECTOR'S REBIRTH

  9. How to Mint a Domain on Taiko Chain

  10. Dive into the Future of Runes with RuniGun #RuniGunContest

  11. PYUSD Launches on Solana: The Next Phase of Adoption

  12. Save and win on Arbitrum with PoolTogether

  13. The Superseed Vision

  14. MagicSpend++ Spend Now, Debit Later

  15. Neptune Protocol Joins The Eclipse Solar System

  16. Unveiling Reveel’s New Roadmap & Vision

  17. Fee Rebates are Live on Base

  18. Giant Bounty Awards

  19. The Release of the TokenHunters Roadmap v1

  20. Building An Internet-Native Content Universe (That Isn't the Internet)

  21. الانضمام لماراثون البناء من فعالية صيف الأونشين

  22. Breathing New Life into Web3 Economies

  23. Credbull Receives $10M from Plume to Tokenize Fund on Centrifuge

  24. A Conversation with Nicholas Phillips

  25. Unveiling the Chakra Testnet Chronicles

  26. Evaluating token economics for DePINs: cost estimation

  27. OPENEX: A Community-Driven Crypto Trading Platform for the Future

  28. ETH Berlin 2024 Recap

  29. $00 Grant Announcement: The Kaira Community

  30. Movement Ekosistemine Genel Bir Bakış

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5 - Which authors/publications generated the most revenue?

Revenue serves as an indicator of one's ability to attract and retain people to mint their content. Here we’ll take a look at the authors that generated the most revenue from minted entries, and how it correlates with collections.

Bar chart showing the authors that generated the most revenue
Bar chart showing the authors that generated the most revenue

Below is the list of authors/publications with the most revenue:

  1. Base

  2. Fuel Labs

  3. Openvoxels.eth

  4. Lama

  5. Layer3

  6. Ankush Kun

  7. Abnehmen Medikamente

  8. Gitcoin

  9. Eclipse Foundation

  10. Kwenta

  11. Thumbs Up

  12. Taiko Ecosystem

  13. OMEGA Network 💻

  14. PHENOMS

  15. CoinFoin

  16. PYUSD

  17. Superseed

  18. PoolTogether

  19. Socket Protocol

  20. Music Protocol ⛓️ 🎧

6 - Which entries generated the most revenue?

Just as for collections, revenue must be studied individually. People may be loyal to their favourite authors, but in the end, they will mint what they really like or find useful. Studying entries individually is important for writers to understand what kind of content people are willing to mint, and at what price. Below, are the entries with the most revenue:

Bar chart showing the entries that generated the most revenue
Bar chart showing the entries that generated the most revenue
  1. Introducing BaseCamp 001: onchain–offgrid

  2. Introducing Fuel Testnet on Sepolia

  3. The Wearables Museum

  4. Onchain Summer Roadmap

  5. Infinity CUBEs, Memecoins, & New Rewards

  6. Writing unit tests for your AO processes using the Test module

  7. Gitcoin Grants 20: Results & Recap

  8. Thumbs' Update: Greener Pastures

  9. How to Mint a Domain on Taiko Chain

  10. Cryptara Conquest Triumphs in Eclipse

  11. GateGameFi: The First GameFi Project on Omega Network with a 150,000 OMN Airdrop Prize Pool!

  12. RENEGADE'S REDEMPTION: VECTOR'S REBIRTH

  13. Dive into the Future of Runes with RuniGun #RuniGunContest

  14. MagicSpend++ Spend Now, Debit Later

  15. The Superseed Vision

  16. PYUSD Launches on Solana: The Next Phase of Adoption

  17. Save and win on Arbitrum with PoolTogether

  18. Neptune Protocol Joins The Eclipse Solar System

  19. Giant Bounty Awards

  20. Fee Rebates are Live on Base

  21. Unveiling Reveel’s New Roadmap & Vision

  22. The Release of the TokenHunters Roadmap v1

  23. Building An Internet-Native Content Universe (That Isn't the Internet)

  24. الانضمام لماراثون البناء من فعالية صيف الأونشين

  25. Breathing New Life into Web3 Economies

  26. Evaluating token economics for DePINs: cost estimation

  27. A Conversation with Nicholas Phillips

  28. Unveiling the Chakra Testnet Chronicles

  29. OPENEX: A Community-Driven Crypto Trading Platform for the Future

  30. Movement Ekosistemine Genel Bir Bakış

7 - What was the networks/chains usage?

Understanding the usage of L2 chains for minting NFT articles, is key for writers to decide which network should they use. The following pie chart only compares the usage, other metrics should be taken into account, such as the type of articles that are being published in each chain and so on.

Pie chart comparing the usage of the L2 chains
Pie chart comparing the usage of the L2 chains

On week 22, Optimism dominates with 94.8% of network usage. In the second position, we have Base with 1.9%. The third most used network is Linea with 1.3%. Followed by Polygon with 1.2% and finally Zora with 0.9%.

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Accessing week 22 entries dataset

Post3 encourages you to explore the dataset and uncover more gems or generate your own charts and insights. The datasets contain the following features:

  • platform: web3 publishing platform.

  • title: the title of the article.

  • description: a short description of the article.

  • body: the full content of the article.

  • link: the URL for the article.

  • arweave_link: the URL for the Arweave JSON content.

  • author: the author/publication.

  • contributor_link: the writer of the article.

  • date: the date when the article was first published.

  • tags: tags that define the article generated using LLMs.

  • collections: number of mints the article has at the time the data was extracted.

  • supply: the maximum number of mints an article can have.

  • price: the price of the article in ETH or MATIC depending on the currency feature.

  • price_usd: the price in USD.

  • currency: either MATIC or ETH, others may join in the future.

  • network: the L2 solution used to mint the article.

  • revenue: collections times the price in USD.

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