Try Quests to earn SOLWaiting for Aurory
Project : Solana
Bounty Name : Waiting for Aurory
Question: 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?
Date of analysis : 2022-07-16
What is Aurory?
Aurory is a blockchain-based massively multiplayer online role-playing game. It is a free-to-play & play-to-earn role-playing game based on Solana in which players are welcome to explore a large and diverse environment. It is also part of an NFT ecosystem.
Aurory is one of the first blockchain games to show a polished demo in which a character can wander around the world.
Aurory is mainly an adventure game set in the world of ‘Antik’ where the player must hunt for ‘Nefties’, the supremely colourful, weird, yet powerful indigenous creatures.
The game entails earning riches and awards, which are remitted in the game’s own token known as ‘Aury’.
The game is inspired by League of Legends, Pokémon, Magic the Gathering, and other games. It will provide enjoyable gameplay as well as a great deal of strategic freedom.
$AURY Token
$AURY is a multi-utility ecosystem token, $AURY, is at the heart of the economy and fuels all operations in the game. It represents a financial stake in the game, permits access to PvP modes via staking, and will ultimately be used to access dungeons. It has a fixed supply of 100 million tokens and can be earned from both PvE and PvP game modes as well as through staking. The token can be traded on both centralized and decentralized exchanges, as well as on Aurory’s own in-game marketplace. In the future, it will also act as Aurory’s governance token, allowing holders to vote on important game-development decisions.
As you can see in these charts we have the amount Aurory NFTs sales and from begin of 2022 we have an upward trend until APR 17 after this date the sales trend has not grown significantly, so it show us the popularity of this game is decreasing, of course, the bear market has had an important impact because when prices fall, user activity decreases in all areas. Highest amount of NFT sales in one day for Aurory was in APR 17 which is 13.2K and this is not a small amount for one day.
At the beginning of this year, NFTs were sold only in Solanart but after adding magic eden, this platform took the first place. In last 3 month almost all sales have happened on this platform.
As I mentioned above, the fall in prices had a complete effect on the amount of sales, and with the start of the fall in prices, the amount of sales also decreased.
The fall in the price of this currency has even affected the amount of stake and has caused its downward trend.So we come to the conclusion that price is a very important factor in this market.
