Introduction and methods

Aurory is a video game that uses play-to-earn mechanics, allowing players to earn tokens and NFTs while enjoying the game. AURY, the in-game currency, will allow you to buy items from other players in the market, while also directly benefiting from Aurory's growth.

$AURY, the platform token is the driving force behind the ecosystem and what largely incentivises users to play. It is based on the Solana blockchain and offers scalability and low fees for an optimal user experience and low barrier to entry. The marketplace will be the hub for players to buy, sell and trade items, Nefties, consumables and cosmetics. The marketplace is powered by Serum, a decentralised exchange platform optimised for near-instant settlement.

The intention of this dashboard is to show the wallet trends around both, the tokens and the NFTs of the project.

Results

First of all, focusing on the main token of the platform, $AURY, we can see ho the most important part of the swap activity took place during March, when the daily swaps spiked to more than 40k. However, from April to finals May, the activity decreased a lot. In June it was another increase on the activity reaching similar numbers like in march, but suddenly decreased again.

However, the charts of volume swapped and number of active swappers look different. In this case, It has been a decrease on the activity since January, but an important spike on April. The activity returned on June with high levels but in July started to decrease again.

Comparing the $AURY price with the Aurory NFT volume, we can see how the trends are very different. While the price of the NFT decreased over time at a constant rate, the volume remained more constant. In the right image, we can see how there is no correlation between both variables.

To go deeper, I have explored as well the correlation between the $AURY price and the Aurory NFT average price, but nothing significant obserbed. In fact, while during the fitst month the price of $AURY decreased, the price of the NFT increased.

Looking at the left chart, we can see how at some point, there was even a negative correlation between both.

Finally, I have compared as well the $AURY price with the number of sales. Again, the activity remained more constant with sporadic spikes while the price decreased over time. In fact, a sudden spike took place on the number of sales in June, while the price not experimented any change. In the right image it can be seen how there is no significant correlation between the variables.

To finish the analysis, I have performed ana analysis of the staking and unstaking actions of the Aurory project. We can see how during the first month of activity, the major of the days had similar numbers of staking and unstkaing volumes and at some specific days more volume were staked or unstaked but in similar numbers.

However, it seems like even the bear market conditions, the staking activity increased on June and more staking volume come to the projet than unstaking exits. In fact, since June the activity resurged ad now the volume recovered the initial levels.

Conclusions and insights

This dashboard provides a deep analysis on the Aurory project, not only in terms of NFT activity but also in $AURY activity and staking vs unstaking actions. As well, the study shows a comparison between NFT activity and token swap activity.

The key insights extracted have been the following:

• The most important part of the swap activity took place during March, when the daily swaps spiked to more than 40k. However, from April to finals May, the activity decreased a lot. In June it was another increase on the activity reaching similar numbers like in march, but suddenly decreased again.
• The volume swapped and number of active swappers look different. In this case, It has been a decrease on the activity since January, but an important spike on April. The activity returned on June with high levels but in July started to decrease again.
• There is no correlation between NFT volume sold and $AURY token price.
• There is a negative correlation between NFT price and $AURY token price.
• There is no correlation between NFT sales and $AURY token price.
• Even the bear market conditions, the staking activity increased on June and more staking volume come to the projet than unstaking exits. In fact, since June the activity resurged ad now the volume recovered the initial levels.