The Story of PUNK 7148 ON SOLANA

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    0. INTRO

    On December 8th 2022, PUNK 7148 bridged to Solana. This dashboard explores how has the experiment gone.

    On a personal note, a few days after mint, I just took the word of twitter that it was real and bought one lol. Never explored myself before this dashboard how, why, when etc. Until now.

    Lets explore.

    Records show PUNK 7148 fractionalized NFTs minted on 8 the of December 2022.

    The owner (OG Punk 7148) decided to fractionize the PUNK 7148 NFT on Solana and minted 1,000 of them, each representing 1/1000 of ownership, and with digital rights such as display, commercialization etc included AFAK & R.

    1. MINT
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    The on-chain records show that each fractionalized NFT was minted for a single SOL.

    That's a total of 1k SOL for a Punk.

    This may not be our typical mint since it is fractionalized. If you have insights into this mint price let me know. I'll update it here.

    2. Sales
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    On-chain sales data show that immediately after mint they sold on HadeSwap for 6 sol.

    All 1,000 of them apparently.

    That is 6k SOL (or 82k USD) and looks like this is the actual mint even though in the Flipside database and on chain mint txs go for 1 SOL each.

    Since mint (referring to '1 SOL one' here) the collection did ~45k SOL volume.

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    As usually is the case, most of the volume comes from Magic Eden at ~60%. With Hadeswap just behind at around ~30%.

    Vast majority of the volume came from the hype on the day and a few days after the mint.

    Managed to buy the top back then 🤝.

    The punk is practically forgotten now, with some days with no sales.

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    1k SOL price was equal to ~13,600 USD back then.

    That is actually very cheap for a punk.

    Confirming that Flipside Mint Database here may have gotten something wrong, and it may actually not be a regular mint.

    If you have insights into the questions raised or otherwise let me know on Twitter @OSK546.