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?
Introduction
AURORY is a free-to-play, tactical, turn-based JRPG built on the Solana blockchain. Players are invited to explore a rich and diverse universe where they will travel across the worlds of Antik and Tokané as they complete quests, discover lost relics, defeat enemies, and compete against other players using creatures called “Nefties".
In this dahsboard we going to analyze and highlight wallet trends around both the tokens and NFTs.
Methodology
im using:
solana.core.fact_nft_sales joined with solana.core.dim_nft_metadata from Flipside tables to analyze NFT trades.
solana.core.fact_swaps to determine daily average of AURY token.
Daily NFT Trades
looking at Chart #1 we can see that starting Dec 1st 2021, the highest number of trades occurred in Feb 1st 2022 with 236 trades, March 29th with 158, April 14 with 276 and April 17th with 440 Trades.
April 14th had the highest Sellers/Buyers ratio, meaning that compared to other days with highest trades, this day more buyers purchased more than 1 NFTs.
looking at AURY’s price (Chart #2) we can see that during the bull market there has been a positive correlation with volume of nft sales and AURY’s price, in every spike in NFT sales, there has been a spike in Token price as well, but in the recent corrections in crypto market and we can see that it isn’t always the case, as in May 14 and May 17th price of AURY continued to fall even though there was a big jump in NFT trading activity.
looking at Chart #3 NFT sales Vol. also had a positive effect on users swapping USDC to AURY.
NFT and Token Staking Patterns
looking at AURY staking pattern chart, there wasn’t much token staking volume before May 26th, then Aurory Project tweeted about special rewards for stakers and also upcoming rewards for NFT and Token holders. and as a result a massive volume of AURY tokens staked between May 26th and June 3rd, although the trend was downwards after that exceptional days like June 15th.
Aurory Launches NFT staking Expeditions
The team announced Expeditions v1 on April 17 via Twitter, enabling players to create Aurorian squads and send them on a quest to collect rewards. There are four types of expeditions, requiring between one and five Aurorian NFTs and spanning from one hour to three days. The costs and potential rewards also vary on the quest.
Depending on which expedition you send them on, your squad could return with a limited edition of NFTs as shown in the picture below.
looking at the chart high numbers of NFTs went to expedition in the first days of launch but after that it was stable around 1000 and there wasn’t a drastic change in number of staked NFTs.
What Have Wallets Been Doing With Their Airdropped NFTs?
as of now users can’t do much with their NFTs other than selling them in Aurory Marketplace or transferring them to another wallet. the pie chart at the left side indicates that most users decide to hold their airdropped NFTs rather than selling them in the market.
Conclusions
- usually the price of Aurory token has positive correlation with volume of nft sales.
- during bear market token staking have seen a jump in volume but there wasn’t a drastic change in NFT staking.
- most wallets tend to hold on their airdropped rewards rather than selling or moving them.