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.
For Week 2, we tackle the following questions:
Who are the authors from whom people have collected the most?
Which entries were the most collected?
Which authors generated the most revenue?
Which entries generated the most revenue?
What was the networks/chains usage?
Who caught our attention this week?
⚠️ Note: The number of collections/mints of some entries might have changed at the time I’m writing.
Let's begin to analyse 4469 posts collected from Week 2.
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 top 10 whose work has attracted more collectors.
With the new reward system implemented by Mirror later 2023, entries set for free can generate significant revenue depending on the number of mints/collections. In the bar chart above, we see that Base was the project with the most collections this week, followed by GameSwift, the first modular gaming blockchain based on zkEVM. The latter generated more revenue than Base because its entries are set for a specific minting price, while Base entries are set for free and its revenue is generated from Mirror rewards. In the third place, we have Taiko Labs a decentralized, Ethereum-equivalent ZK-Rollup, followed by The Optimism Collective and Mint Blockchain.
Below is the list of the authors/publications with the most collections on Week 2:
⚠️ Note: Some of the links above, are from the contributors to the publication.
Some authors publish several times in a weekly period, which grants them more collections than others. But we need to take a look at entries individually, to see which ones perform better. These are the top 10 entries:
Unlocking MintID NFT: The Golden Ticket to the Mint Blockchain Ecosystem
Hackathon | Mint Blockchain Launches NIP Proposer Season 1 – Unleash Creativity for Exciting Prizes
In the first place, we have an entry Base concerning its roadmap for 2024. The second most minted piece is about the DAO constitution of GameSwift. In the 9th place there’s a piece presenting a hackathon by Mint Blockchain, check the submission guidelines and be eligible to gain a portion of a 5000 USD prize pool.
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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 top 10 authors that generated the most revenue from minted entries, and how it correlates with collections.
As you can see above, the order and the authors/publication change slightly when compared to the collections bar chart. It is interesting to see that Base with free entries was the second project to generate the most revenue thanks to the Mirror reward system. In general, revenue tends to be correlated with collections, but there are some spikes in the chart, due to authors/publications that had their articles available for free but acquired a good number of collections.
Below is the list of authors/publications with the most revenue:
⚠️ Note: Some of the links above, are from the contributors to the publication/newsletter.
Just like in collections, revenue must be studied individually. People might 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 top 10 entries with the most revenue:
The entry that generated the most revenue is the same one that obtained the most collections, the one from Base concerning its roadmap for 2024. It is worth mentioning a campaign brought by IDriss, where participants are eligible to get a portion of 50,000 MNT in rewards.
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.
Optimism dominates in terms of L2 usage with 98.7 % of the entries using it as the minting network. In this week’s second place, we have Base with 0.8 % usage, Linea with 0.3 % and finally Zora with 0.2 %.
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Post3 looks at several catching titles from the sample gathered and takes a deep read into the content. There’s no particular field that Post3 prioritises, we embrace all topics. Let’s see who caught our attention this week:
For the Gamers: 4 Onchain Games You Should Have on Your Radar by WASD
About ENS: A Beginner's Guide to ENS: Everything You Need to Know by NameSys
For Music Lovers: Vintage Vinyl to Music NFTs: Price and Value by sebas.eth
About Lens Protocol: Lens Protocol: Everything You need to Know by Debugger
About NFTs: All what you need to know about NFTs — A new investment asset class or just a Hype ? by Tj
There’s no particular order in the entries mentioned before. There is much more interesting content in the dataset, which Post3 delivers to you in the form of NFT data. Let’s see how you can access it in the following topic.
Check out Week 1 Mirror Entries Analysis:
Post3 encourages you to explore the dataset and uncover more gems or generate your own charts and insights. It is available at the Ocean Market, which is a web3 data marketplace brought by the Ocean Protocol.
The dataset contains the following features:
platform: web3 publishing platform
title
description
body
recipient_wallet
link: URL to the piece
arweave_link: the JSON link
author
date: this is the post date
collections: how many people have minted the entry at the moment the data was extracted
supply: how many people can mint the entry
price
currency
network: L2 solution to mint the entry
revenue: collections times the price
You can can get it here.
Would you like to see this analysis in a more engaging interface? Try out the Post3 Engine below:
With your support, Post3 can expand the scope of the weekly analysis and bring broader insights such as textual analysis and comparisons with previous weeks. To learn more about Post3's mission and how it intends to contribute to the Web3 Publishing ecosystem, please refer to the following entry:
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