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Reddit Recap 2022 Collectible Avatars continues to absolutely dominate the #1 spot on Polygon network for both "Top Gas Used" and "Top Txn Count"

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Reddit Recap 2022 Collectible Avatars continues to absolutely dominate the #1 spot on Polygon network for both "Top Gas Used" and "Top Txn Count"

TL;DR: The Reddit Recap 2022 contracts is dominating the Polygon PoS top statistics charts. It's making 4x as many transfers by itself as the next 20 top senders on the Polygon PoS network combined.

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If you take a look at the Top Statistics page on the PolygonScan blockchain explorer, Reddit's 0x0b1c8... address is at the top of both the "Top Gas Used" and "Top Txn Count" charts for the past 7 days. And that's despite using batch transactions and only having started minting the Recap 2022 series 5 days ago.

#1 in \"Top Gas Used\" and \"Top Txn Count\" for the past week

Their #1 Top Gas Used spot is pretty amazing considering that they're already using batch transactions to save 50-75% on gas fees. And it's actually only ~$4K spent on gas in the past week.

It's been minting hundreds of NFTs nonstop for the past 5 days.

Batch Transfers

Reddit's NFT contracts use batch transfers. Even though it already shows them at the #1 spot for transactions sent, it's even more amazing once you take into account that each transaction consists of up to 200 transfers.

The Reddit Recap 2022 series alone has made 1.2M transfers in the past 114 hours (~5 days), which is an average 11K transfers per hour. Each of their batch minting transaction packed an average of 110 NFT mints per Tx.

Already #1 in Tx Sent despite that each of its Tx represents 100+ transfers (on average)

If you look at the "Top Txn Count Sent", #2 - #20 combined have only made 347K transfers in the past 7 days, and none of them are doing batch transactions. Reddit's minter is responsible for minting all of the Reddit Collectible Avatars and executing transfers.

Their Reddit Recap 2022 contract by itself is producing 32x as many transfers as the #2 spot, and 4x as many transfers as the other top 20 senders COMBINED.

Reddit is absolutely dominating the top of the Polygon charts. If you wanted proof Reddit is driving crypto utility, here it is.

(For more details, see https://mplankton.substack.com/p/reddit-recap-2022-collectible-avatars)

submitted by /u/Maleficent_Plankton
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