Solana-Waiting for Aurory

    -- Aurory is one of the most highly anticipated games to come out on any chain. -- Create a dashboard highlighting wallet trends around both the tokens and NFTs. -- Does the price of Aurory token has positive correlation with volume of nft sales? -- How have token staking and nft expedition patterns changed in the bear market? -- What have wallets been doing with their airdropped NFTs?

    Does the price of Aurory token has positive correlation with volume of nft sales?

    • Note the spike in price on Jun 18, 2022 seems to be bad data, we ignore that date.
    • The price doesn’t seem to have any co-relation with either Number of NFT Sales, Amount of NFT Sales or Number of NFT Buyers.
    • The sales vary quite a lot to have any co-relation with the AURY token price.

    How have token staking and nft expedition patterns changed in the bear market?

    • For staking $AURY to get $xAURY, we look at when xAURY is minted.
    • The AURY staking was quite low until May 26, 2022, however it has picked up after that for a week and has fallen down again.
    • The highest AURY staked was 656K $xAURY tokens on May 27, 2022 in 789 transactions.
    • Overall in the bear marked we have seen an increase in AURY Staking.
    • For the NFT Expedition I couldn’t really find a way find this metric.

    What have wallets been doing with their airdropped NFTs?

    • To answer this question we look at all the first sales of the Aurory NFTs sold on secondary markets, the assumption being that these are the wallets that have received the NFT as Airdrop and are selling it in the secondary market.
    • Not a lot of wallets have been selling Aurory NFTs, however we do see a spike like 193 sales on Apr 17, 2022.
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Conclusion

    • More people are staking AURY token in the bear market.
    • The overall NFTS sales have gone down as well.
    • The anticipation is high but it will take a while in this bear market before the game picks up.