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Forkast SOL NFT Composite

Methodology

INDEX OVERVIEW

The Forkast Indexes are a family of digital asset indexes designed to measure the market performance of non-currency digital assets trading via smart contracts on various blockchains. The family is composed of a wide range of indexes based on size, blockchain, and sector, and will be publicly launched in stages.

The indexes are weighted by a combination of adjusted market capitalization and adjusted unique traders. The composition of each index is algorithmically driven by the above factors and adjusted sales volume and is rebalanced each day to keep pace with the rapidly evolving market.

LIVE INDEXES

Forkast 500 NFT Index. The flagship index measures the performance of the global NFT market and can include assets on any blockchain. It’s considered to be a proxy of the entire NFT market and includes 500 eligible smart contracts on any given day.

Forkast ETH NFT Composite. The index measures the performance of the Ethereum NFT market and currently includes up to 250 eligible smart contracts on any given day.

Forkast SOL NFT Composite. The index measures the performance of the Solana NFT market and currently includes up to 100 eligible smart contracts on any given day.

Forkast Polygon NFT Composite. The index measures the performance of the Polygon NFT market and currently includes up to 100 eligible smart contracts on any given day.

Forkast Cardano NFT Composite. The index measures the performance of the Cardano NFT market and currently includes up to 100 eligible smart contracts on any given day.

Articles tagged Forkast SOL NFT Composite

Mad Lads listing on Solana NFT marketplace Tensor

Mad Lads tops weekly NFT sales in first week since launch

Mad Lads has been the best selling NFT collection in the world since its launch that was delayed last week due to a DDOS attack.
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Tensor and Magic Eden's logo

Mad Lads briefly boosts Tensor’s NFT trading volume past Magic Eden

Tensor topped Magic Eden’s sales volume on Wednesday afternoon in Hong Kong, giving it a brief stint as Solana’s top NFT marketplace. 
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y00ts-group

Forkast NFT indexes reveal the hidden costs of y00ts, DeGods’ moves across blockchains

Forkast Labs’ NFT indexes reveal Polygon’s US$3 million incentive to move y00ts over to its blockchain may have cost its users.
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Solana logo, Solana becomes the hottest blockchain at the moment

Solana introduces ‘state compression’ to lower NFT storage costs

Solana has introduced a solution that aims to reduce on-chain storage costs for non-fungible tokens (NFT).  See related article: Solana NFT sales surge as traders farm for Tensor rewards Fast facts See related article: DeGods begins migration to Ethereum
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Arbitrum’s AIP-1 proposal to be split after community backlash

Arbitrum’s AIP-1 proposal to be split after community backlash

Top blockchain and crypto news: Arbitrum to segment AIP-1. DeGods NFT collection moves to Ethereum. Crypto on the agenda at ‘China’s Davos.’
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DeGods

DeGods begins migration to Ethereum

Largest Solana NFT DeGods has started its migration to Ethereum just days after Y00ts began to move to Polygon.
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Solana-focused NFT marketplace Tensor. Image: screenshot of tensor.trade

Solana NFT sales surge as traders farm for Tensor rewards

The Forkast SOL NFT Composite dropped 6.13% over the past week while sales increased. Industry expert suspects casino-like behavior of traders moving funds to new projects.
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a-person-holding-a-mobile-phone-with-an-nft | Forkast 500 NFT Index slides, Polygon blockchain NFT sales jump nearly 250%

Forkast 500 NFT Index slides, Polygon blockchain NFT sales jump nearly 250%

The Forkast 500 NFT Index fell to a near two-month low in Asia trading on Friday morning, with sales slumping on the Ethereum and Solana blockchains, the two biggest for non-fungible tokens. Polygon, the third biggest, saw a sales surge.
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Randy Wasinger, co-chief executive officer of Forkast Labs

Most of NFT industry working on recycled liquidity, says Forkast Labs’ co-founder

NFT sales and market capitalization show rising investor activities, but recycled liquidity and wash trading may tell a different story, Forkast Labs co-CEO says.
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Virtual Internet Business Innovation Future Block NFT | Forkast 500 NFT index slips, BAYC NFTs sees highest sales volume | bayc, forkast nft 500, ethereum, polygon, solana, mocaverse, coinllectibles, sorare

Forkast 500 NFT index slips, BAYC NFTs leads in sales volume

The Forkast NFT 500 Index slipped 0.68% to 4,276.12 in the 24 hours through 4:45 p.m. in Hong Kong on Wednesday.
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The Future of NFTs

The Future of NFTs

As multi-chain NFTs take off, Forkast Labs launches a vital new way to measure value on the blockchain.
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Forkast Labs

The digital economy needs a better BS detector — so we are building it through data transparency

Blockchain data is public for all to see. The irony is that few know what to look for, and why. A new set of indexes by Forkast Labs filters out the noise and offers data intelligence and clarity.
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