NFT Data Monitoring and NFT Recommendation Product Design Doc

1. Overview

This product mainly grabs data on NFT contract creation, NFT minting, and NFT transactions, performs data analytics, and recommends high-value NFTs to users. Business rules include whale wallet address monitoring, monitoring of valuable NFT projects, monitoring of high-value individual NFTs, NFT value analysis, NFT rarity analysis, etc.

2. Architecture Design

Overall architecture:

1. Details of Rule Components

1.1. Whale Wallet Rules

Rule 1: Judge based on total value of holder’s NFTs + tokens (including past holdings). Different threshold values determine if whale.

Rule 2: Monitor addresses of exchanges, institutions, investors, large holders.

Clean data on identified whale addresses and push to data center for middleware.

1.2. Valuable NFT Project Rules

• Average NFT price > threshold

• Average circulation frequency > threshold

• Number of holding addresses > threshold

• Monitor minting and transactions of projects meeting rules. Identify new projects. Push data to center.

1.3. Valuable Individual NFT Rules

• The number of times an NFT has been traded is greater than a certain value.

• The total value of the last N transactions of an NFT is greater than a certain value.

• The average price of an NFT’s transactions -> price trend - price curve.

NFT projects that meet both of the above conditions are required to monitor NFT trading activity, and push the data to the data cleaning center for use by the business middleware.

1.4. Data Logic

• Mint date

• First trade date + price

• Last trade date + price

• Historical price curve + dates

• NFT series info, meaning, brand story

• NFT scarcity

• Community fans

• Turnover frequency

• BTC price curve (plotted with NFT curve)

• Market NFT volume + dates

• Market NFT market cap + dates

3. Business Logic Details

1. Rule Configuration

            Call rule RPC  
          --------------->
hailstone                   Savour Community-nft[config rules]
          <---------------
               Return

See RPC API for details.

2. Data Cleansing

                    Ingest cleansed data                Get cleansing rules  
store into a database ----------> Savour Community-nft[data center] <-------------- Savour Community-nft[config rules]

3. Data Ingestion Services

                    Whale addresses, NFT data etc.
Data aggregation sites-------------------------> Ingestion service
              
          Transaction data, contract creation, NFT transfers, holders etc.   
Blockchain ----------------------------------------------------> Monitoring service

4. Pushing Clean Data

            Call rule RPC
          --------------->
hailstone                   Savour Community-nft【configured rules】
          <---------------
             Return clean data

See RPC API for details.

Appendix 1 - Websites to Crawl

• Oklink: https://www.oklink.com/docs/en/#rest-api-address-top-100-richest-addresses

• Whale address site 1: https://dune.com/0xBi/0xBi

• polygonscan: https://polygonscan.com/labelcloud

• arbiscan: https://arbiscan.io/labelcloud

• etherscan: https://etherscan.io/labelcloud

Appendix 2

• Wallet analytics reference: https://pro.nansen.ai/wallet-profiler

• Whale identification reference: https://nftgo.io/whale-tracking/list

• More data sources: https://www.chaineye.info/5/newsletter_detail