Flovatar NFT Collection stands as a unique and captivating assembly of Non-Fungible Tokens (NFTs) minted on the Flow blockchain. Each NFT within this collection serves as a remarkable 3D avatar, meticulously crafted to encapsulate the distinctive personality and style of its owner. These NFTs have gained immense popularity, driven by their exceptional quality and limited supply, making them highly sought-after among collectors and investors alike.

The Flovatar NFT Collection is underpinned by the Flow blockchain, celebrated for its scalability and impressive throughput. This blockchain provides a secure and dependable platform for these valuable digital assets, ensuring their protection and accessibility for enthusiasts worldwide.

In a groundbreaking move, the Flovatar NFT Collection has recently unveiled its own utility token, DUST. This innovative utility token plays a pivotal role in empowering the expansive Flovatar Universe and introduces a myriad of exciting features for Flovatar NFT holders. DUST token unlocks a world of possibilities, including the ability to name your Flovatar, craft a unique bio for it, enhance its 3D design, upgrade Flobits, participate in exclusive swag purchases, and even engage in the Ultimate 1/1 Flobit auction. Furthermore, DUST token holders are granted access to unlock Metaverse and gaming features, alongside the opportunity to participate in DAO voting. This active role allows token holders to shape the future of the Flovatar NFT Collection.

The primary objective of this analytical dashboard is to delve into two key aspects of the Flovatar ecosystem:

• Flovatar NFT Sales Analysis: We will meticulously analyze and track the sales activity of Flovatar NFTs over recent months, aiming to verify the claim that over 500,000 of these unique NFTs have been sold in $FLOW, as announced by Flovatar on Twitter.
• DUST Token Metrics: We will closely monitor the activity of the DUST utility token, exploring aspects such as token swaps, token holder distribution, and the primary liquidity pool available for DUST/FLOW trading on Increment.fi. This analysis will help us gauge the impact of a significant milestone, the burning of more than 600,000 $DUST tokens.

To achieve the objectives of analyzing the Flovatar NFT sales and DUST token activity, a robust methodology that considers various key metrics and data sources has been developed. Here's a detailed breakdown of the approach:

Part 1: Flovatar NFT Sales Analysis

Monthly NFT Sales Metrics:

• Active Monthly Buyers: We identify and track the number of unique buyers each month who have purchased Flovatar NFTs.
• New Buyers: We calculate the number of new buyers entering the market each month.
• Cumulative Unique Buyers: We maintain a cumulative count of unique buyers over time.
• Monthly Volume in $FLOW: We record the total transaction volume in $FLOW for Flovatar NFT sales each month.
• Cumulative Volume in $FLOW: We maintain a cumulative total of transaction volume in $FLOW over time.
• Average NFT Price Over Time: We calculate the average price of Flovatar NFTs each month.
• Number of NFT Sales: We count the total number of Flovatar NFT sales each month.
• Total Cumulative Sales: We maintain a running total of NFT sales over time.

Part 2: DUST Token Metrics Analysis

Swapping Activity:

• Inflow and Outflow: We track the DUST token swapping activity, distinguishing between tokens flowing into and out of the ecosystem.
• Netflow: We calculate the netflow by subtracting outflows from inflows, providing insights into the overall token movement.
• Swappers: We monitor the number of unique users engaging in token swaps. Volume Swapped: We record the total volume of DUST tokens swapped.

Token Holders Analysis:

• Number of Holders: We count the total number of DUST token holders and track changes over time.
• Balance Flows: We analyze the balance changes of individual token holders, identifying accumulation and distribution trends.

FLOW/DUST Liquidity Pool:

• Total Volume In and Out: We track the cumulative volume of DUST tokens deposited and withdrawn from the DUST/FLOW liquidity pool.
• Volume Deposited and Withdrawn by Month: We record monthly changes in the volume of DUST tokens deposited and withdrawn.
• Total Value Locked (TVL): We assess the evolution of TVL in the DUST/FLOW liquidity pool, providing insights into liquidity trends.

Flovatar NFT Sales:

• Steady Activity: Despite the initial surge in sales during the first two months, the Flovatar NFT collection has maintained consistent monthly sales, with a minimum threshold of 400 sales observed.
• Growing Community: The number of active and new buyers has steadily increased, leading to a cumulative count of over 1,500 unique buyers, indicating a resilient and expanding community.
• Volume Milestone: The collection has successfully achieved a milestone of more than 500,000 $FLOW in transaction volume, with monthly volumes consistently sustained, totaling over 1.5 million USD in generated volume.
• NFT Price Appreciation: The average NFT price has exhibited a positive trend over time, starting at around $10 and currently reaching $50 USD, indicating growing demand and perceived value among collectors and investors.

DUST Token Analysis:

• Growing Holder Base: DUST token has attracted 536 unique holders, demonstrating a growing community of token enthusiasts.
• Increasing Transfer Volume: Daily transfer volumes for DUST tokens have been consistently rising, surpassing 1.5 million DUST tokens, signifying active trading.
• Netflow Dynamics: Netflow movements have exhibited both accumulation and distribution phases, with recent data showing a return to positive netflow, suggesting renewed accumulation.
• Swapping Trends: More users have been swapping DUST tokens for other tokens, resulting in a negative netflow of swaps. However, overall inflow and outflow volumes remain similar, indicating positive liquidity.
• Increment.fi Liquidity Pool: The FLOW/DUST liquidity pool on Increment.fi has experienced significant growth, with TVL rising from below 50,000 DUST to over 1 million DUST tokens, equivalent to over 20,000 USD. Notable deposits were observed in late July and early August.