NFL ALL DAY Monthly Sales Surpass NBA Top Shot; The Battle for Flow’s best NFT collection

NFL ALL DAY surpassed NBA Top Shot in NFT sales in August for the first time. This has put NBA Top Shot at risk of losing its top dog status on the Flow blockchain.

NFL ALL DAY and NBA Top Shots are non-fungible tokens that reside on the Flow blockchain. As one of the largest NFT blockchains by sales of all time, Flow has processed more than $1 billion worth of digital collectibles from 463,091 unique buyers across 23 million transactions.

As the newer collection on Flow, NFL ALL DAY generated approximately $7.3 million in August. This was a four-month high since sales of the collection fell sharply after April’s $7.5 million sale.

NBA Top Shot, on the other hand, hit a 20-month low after grossing around $7 million. The last time this collection generated less than $7 million in monthly sales was in December 2020.

NFL ALL DAY draws more unique buyers

There were 16,745 new buyers for NFL ALL DAY while Top Shot only pulled in 15,369 unique buyers. This difference was likely due to the announcement of the first public NFL ALL DAY Series 1 package called Headliners. The slump occurred on August 12 and featured legendary moments from Derrick Henry, Jalen Ramsey, Trevor Lawrence, Derek Carr, Jonathan Taylor and Zach Wilson. NFL ALL DAY launched in closed beta mode in December 2021 before opening to the general public last month.

NBA Top Shot has been on the markets since May 2020, and its longevity explains its all-time sales, which have crossed more than $1 billion.

Despite NBA Top Shot total transactions of 423,164 surpassing NFL ALL DAY’s 173,809, NFL ALL DAY’s average sales value of $42.07 was two and a half times higher than NBA TOP SHOT’s $16.64.

Is NBA Top Shot’s status as the best NFT on Flow in jeopardy?

As of September 18, NBA Top Shot had grossed $2.9 million while NFL ALL DAY had grossed around $8.3 million. With less than two weeks until the end of the month, there’s a good chance NFL ALL DAY could have more than five times the sales of NBA Top Shot by the time October rolls around.

That said, NFL ALL DAY’s all-time sales are only around $50 million – 20 times below NBA Top Shot – a top 10 NFT collection by sales volume.

NFL ALL DAY moves up the ranks

Sales from NFL ALL DAY were first tracked in February 2022 and have already surpassed CryptoKitties, Crypto Unicorns, Chain Runners, Panini America and Ape Kids Club.

However, it still falls far short of more mainstream projects such as Axie Infinity, CryptoPunks, Otherdeeds, Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club and Moonbirds.

NFL ALL DAY has done little to revive FLOW’s price

FLOW opened on February 1 at a trading rate of $6.80 and rose to $8.65 before Russia’s invasion of Ukraine led to a significant decline in cryptocurrency prices.

In the months that followed, FLOW crashed to $1.22, and it traded below $2 in the third week of September. Overall, FLOW has reduced the price by more than 70% since the collection was launched.

With competition from the NFL ALL DAY, Be[In]Crypto reached out to some industry experts;

“It will undoubtedly add value to the Flow ecosystem, these are two of the biggest franchises in world sports. The mass exposure and adoption that NFL ALL DAY will bring to the chain is invaluable. Flow has done well to ensure they provide the right platform for to keep such organizations in their chain, says Philip Gunwhy, CMO of Farcana, a blockchain game Metaverse.

Sebastian Menge, COO of Fitburn gave his opinion; “Today’s events look like a match between the NBA and the NFL. It is worth noting that NFL ALL DAY is a newer project, which is why it is generating more hype. Top Shot NBA is a project that peaked, if I remember correctly, about a year ago or in February 2021.”

Menge concluded: “That was the reason behind the community’s interest and the main reason why NFL ALL DAY has surpassed TOP SHOT NBA at this point. Flow blockchain or Flow ecosystem in turn benefits from every new project that creates hype. But if that hype will be permanently, you may never know, as it needs constant fuel.”

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