DUST is in the Air

    $Dust is the utility token behind the most popular NFT project on Solana - Degods. The team and the community have been building with $DUST. How is $DUST being used in the Solana ecosystem? What are its most popular use cases and where are buyers of $DUST coming from? Highlight at least 3 metrics showing $DUST trends in Solana.

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    What is an NFT?

    NFTs (non-fungible tokens) are digital assets that represent real objects like art, music, in-game items and videos. These digital assets are rare collectibles that are registered on the blockchain. Each token consists of a digital file (an image or video, etc), paired with a ‘smart contract’: an encrypted, immutable contract written in code that sets out the rules of ownership and authenticity of an NFT token. As a result, these tokens challenge the traditional ways in which people view, buy, and sell artworks.

    What are Fungible and Non-fungible tokens?

    Since the tokens are ‘non-fungible’ they cannot be traded or exchanged at equivalency; contrary to a fungible asset that can be readily interchanged as it equals the value of another unit, such as cryptocurrency or a one dollar bill. Fungible cryptocurrencies are equivalent to each other, allowing them to be used for traditional commercial transactions. Non-fungible assets, on the other hand, have unique qualities that can change the value of the good itself, such as real estate, diamonds and art. To simplify, non-fungible goods are ones that cannot be interchanged because they are unique or a rare collectible. As such, NFTs are non-fungible assets paired with smart contracts and presented as ‘tokens’. The combination of the digital file with a smart contract means that the authenticity of an item is guaranteed.

    The creation of an irrefutable digital certificate of ownership and authenticity is one of the main attractions and utility of an NFT. As with cryptocurrency, a record of who owns the NFT is stored on a tamper-resistant digital public ledger, known as a blockchain. In a way, NFTs are the 21st-century version of a safety deposit box, revolutionising the way people own, collect and store art.

    How to mint an NFT?

    In order to get digital artwork onto the blockchain to create an NFT, it needs to be minted. This can be done an various blockchains such as; Ethereum, Solana, Cardano and Binance Smart Chain, amongst others. Since Ethereum is the first ever blockchain to allow smart contracts, it is therefore given the first-mover advantage. In order to mint an NFT, one needs a digital wallet, a small purchase of ethereum and a connection to an NFT marketplace, such Foundation, Opensea and   some of the premier art world NFT platforms and marketplaces.

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    DeGods

    DeGods

    A deflationary collection of degenerates, punks, and misfits. Gods of the metaverse & masters of our own universe. They are building an ecosystem for buying, selling & minting blue-chip NFTs with $DUST. DeGods is working on integrating $DUST as an accepted currency with top-tier marketplaces (Magic Eden & SolanArt), popular P2E/P2P games & metaverse projects.

    The only country without a DeGod holder is North Korea :o

    DUST

    mechanics

    in order to play the social game of dust, you need to understand the rules.

    Dust is an SPL token on the Solana Blockchain. It was created with a starting supply of zero.

    Maximum Supply

    • The maximum supply is 33,300,000 DUST.
    • There will be 3 halving periods.
    • Each halving will reduce DUST staking rewards by 50%.
    1. 1: 16,650,000 $DUST tokens mined.
    2. 2: 24,975,000 $DUST tokens mined.
    3. 3: 29,137,500 $DUST tokens mined.

    DeGods

    • Every DeGod has the ability to mine 5 DUST 2.5 DUST per day. The only way a DeGod can mine DUST is via .
    • DeadGods Every DeadGod has the ability to mine 15 DUST 7.5 DUST per day. The only way a DeadGod can mine DUST is via .

    Utility

    Dust Store

    • The DeDAO will host DUST auctions & raffles for:
      • Exclusive Whitelist Spots
      • NFTs held in the DeDAO Vault
      • and a lot more...

    All DUST collected from the Dust Store will be held by the DeDAO treasury.

    Upgrades

    • DeadGods is the first DeGods DUST upgrade. DeadGods will:
      • cost 1000 DUST per DeGod.
      • generate 3x daily DUST rewards.
      • replace the image & metadata of the upgraded DeGod.
        • you will be able to swap the original and the DeadGod image.
    • DeGods<>DeadGods visual traits are 1:1.
      • rarity will be unaffected.
      • the metadata will be updated with a new "DeadGod" attribute.
    • There will be no separate NFT/serum.
      • upgrade applied directly to selected DeGod after DUST submission.

    Solana Ecosystem

    • The DeDAO will actively be seeking & responding to opportunities to integrate DUST utility into major projects in the Solana Ecosystem.
    • Examples Include:
      • PvP & P2E NFT Games
      • Accepted Currency in Marketplaces

    DeGods Mafia

    Many DeGods have met co-founders within our community and have branched out to build their own successful projects and businesses. We call this the DeGods Mafia.

    Blocksmith Labs

    Xin Dragons

    Vandal City

    Monkey Kingdom

    Trippin’ Ape Tribe

    Divine Dogs

    Infected Mob

    Dead King Society

    Launchlabs

    Suave Seals

    Bounty Hunter Space Guild

    Dice Casino

    Zion Labs

    Zenjin Viperz

    Honeyland

    Particles NFT

    RONIN

    Project Dolphin

    TombStoned High Society

    Kippoverse

    FatCats Capital

    SolanaKit

    6 RINGS

    Desolates Metaverse

    Yaku X

    Zenin

    Coral Tribe

    JetGetter Club

    Disarticulated Skullys

    Mighty Minions

    Jungle Cats

    SolClones

    Bulldog Billionaires

    Infinity Labs

    Sheer Luck

    WastelanderZ

    Cynova Legacy

    Psyker

    Bobos of War

    Mycelium Labs

    Aiternate - Holotabs

    Noahs Ark

    Piggy Sol Gang

    Solderland Bunnies

    High Society

    Otaku Origins

    Sol Visitors

    King Ape Coin

    Turnt Up Tikis

    Solspot

    Safari Dition

    BattleKatz

    Tulip Head Society

    Cardinal

    Dead King Society

    DeBeans Roaster

    DeBricks

    DeGen Displays

    DeGodCast

    Gemworks

    helius

    PixelRainbowNFT

    Roadmap and things we learned

    The only country without a DeGod holder is North Korea:sweat_smile:

    what did we learn ?

    What is an NFT? What are Fungible and Non-fungible tokens? How to mint an NFT? DeGods DUST Solana Ecosystem famous holders DeGods Mafia average price dust daily average price dust weekly average price dust monthly Number of nfts sold daily Number of nfts sold weekly Number of nfts sold monthly Average price degods daily Average price degods weekly Average price degods monthly Total price degods daily Total price degods weekly Total price degods monthly Number of buyers and sellers degods and accumulation of buyers and sellers daily number of buyers and sellers degods and accumulation of buyers and sellers weekly number of buyers and sellers degods and accumulation of buyers and sellers monthly Separation of buyers/Day Separation of buyers/week Separation of buyers/month Separation of Sellers/Day Separation of Sellers/week Separation of Sellers/month Separation of accumulation of buyers/Day Separation of accumulation of buyers/week Separation of accumulation of buyers/month Separation of accumulation of Sellers/Day Separation of accumulation of Sellers/week Separation of accumulation of Sellers/month Density and Number of transactions Daily Density and Number of transactions weekly Density and Number of transactions monthly Daily Density of buyers according to the number of transactions Weekly Density of buyers according to the number of transactions Monthly Density of buyers according to the number of transactions Daily Density of sellers according to the number of transactions Weekly Density of sellers according to the number of transactions Monthly Density of sellers according to the number of transactions Daily sales totals and sales accumulation weekly sales totals and sales accumulation monthly sales totals and sales accumulation Daily sales density in terms of sol Weekly sales density in terms of sol Monthly sales density in terms of sol Daily average accumulation sales density in terms of sol Weekly average accumulation sales density in terms of sol Monthly average accumulation sales density in terms of sol Most popular tokens that have been swapped to dust Top 10 Most popular currencies that are swapped by dust Roadmap and things we learned(what did we learn ?)

    I hope this information was useful for you

    Thank you Flipside team:grinning:

    end

    Now let's check the data of this project using flipside tables

    First, let's check the price of dust

    In the charts below, the average price of dust is shown daily, weekly and monthly

    The highest average dust price in the daily chart was 0.107 sol

    The highest average dust price in the weekly chart was 0.0988 sol

    The highest average dust price in the monthly chart was 0.0863 sol

    Note that all prices are in sol

    Now let's check the below elements

    1. Number of nfts sold
    2. Average price degods
    3. Total price degods

    I have checked all these in the charts below

    On February 23, 2022, 242 nfts were sold, which is the highest single-day sales record

    (avg degods price >= 53.14 sol - total degods price >=12860 sol )

    In the third week of February 2022, 755 nft have been sold, which is the highest sales record in a week

    (avg degods price >= 41 sol - total degods price >=30969 sol )

    In February 2022, 1,848 nfts were sold, which is the highest monthly sales record.

    (avg degods price >= 26.2 sol - total degods price >=48428 sol )

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    The number of buyers and sellers degods and accumulation of buyers and sellers(daily , weekly , monthly)

    On February 23, 2022, there were the highest number of buyers and sellers The number of buyers is 142 The number of sellers is 147

    Cum buyers :: 1925

    Cum sellers :: 2129

    the third week of February 2022, there were the highest number of buyers and sellers

    The number of buyers is 433

    The number of sellers is 484

    Cum buyers :: 1890

    Cum sellers :: 2110

    In February 2022, there were the highest number of buyers and sellers

    The number of buyers is 1042

    The number of sellers is 1261

    Cum buyers :: 1695

    Cum sellers :: 1971

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    Separation of buyers/Day , week , month

    According to the dount charts below, you can see the percentage of buyers who bought less than 10, 100 and 1000 nft daily.

    Weekly and monthly charts are like this and only the numbers change Please pay attention to the right side of the chart (chart guide).

    Separation of sellers/Day , week , month

    According to the dount charts below, you can see the percentage of sellers who sold less than 10, 100 and 1000 nft daily.

    Weekly and monthly charts are like this and only the numbers change

    Please pay attention to the right side of the chart (chart guide).

    Separation of accumulation of buyers/Day , week , month

    By looking at the donut charts below, you can see the accumulation percentage of buyers who accumulated less than 1000, 4000 and 10000 per day.

    Weekly and monthly charts are like this and only the numbers change

    Please pay attention to the right side of the chart (chart guide).

    Separation of accumulation of Sellers/Day , week , month

    By looking at the donut charts below, you can see the accumulation percentage of sellers who accumulated less than 1000, 4000 and 10000 per day.

    Weekly and monthly charts are like this and only the numbers change

    Please pay attention to the right side of the chart (chart guide).

    db_img

    Density and Number of transactions Daily

    The number of transactions was the highest on February 23, 2022 with 242 transactions

    Donut chart is provided for better understanding

    Density and Number of transactions Weekly

    The number of transactions was the highest in the third week of February 2022 with 755 transactions

    Donut chart is provided for better understanding

    Density and Number of transactions Monthly

    The number of transactions was the highest in February 2022 with 1848 transactions

    Donut chart is provided for better understanding

    Daily Density of buyers according to the number of transactions

    In the scatter chart below, the daily density of buyers is shown in the best possible way according to the number of transactions

    Considering that I don't want it to occupy a lot of space, I used this smaller chart in my dashboard

    Daily Density of sellers according to the number of transactions

    In the scatter chart below, the daily density of sellers is shown in the best possible way according to the number of transactions

    Considering that I don't want it to occupy a lot of space, I used this smaller chart in my dashboard

    Weekly Density of buyers according to the number of transactions

    In the scatter chart below, the daily density of buyers is shown in the best possible way according to the number of transactions

    Considering that I don't want it to occupy a lot of space, I used this smaller chart in my dashboard

    Weekly Density of sellers according to the number of transactions

    In the scatter chart below, the daily density of sellers is shown in the best possible way according to the number of transactions

    Considering that I don't want it to occupy a lot of space, I used this smaller chart in my dashboard

    Monthly Density of buyers according to the number of transactions

    In the scatter chart below, the daily density of buyers is shown in the best possible way according to the number of transactions

    Considering that I don't want it to occupy a lot of space, I used this smaller chart in my dashboard

    Monthly Density of sellers according to the number of transactions

    In the scatter chart below, the daily density of sellers is shown in the best possible way according to the number of transactions

    Considering that I don't want it to occupy a lot of space, I used this smaller chart in my dashboard

    Well, now let's check the Daily , weekly , monthly sales totals and sales accumulation

    According to the daily chart, the highest amount of daily sales was recorded on August 28, 2022

    total sales >= 51,897 sol

    cum sales >= 912,614 sol

    According to the weekly chart, the highest amount of weekly sales was recorded on the last week of August 2022

    total sales >= 143,000 sol

    cum sales >= 1,000,000 sol

    According to the monthly chart, the highest amount of monthly sales was recorded on August 2022

    total sales >= 251,700 sol

    cum sales >= 974,486 sol

    Daily sales density in terms of sol

    The scatter chart on the right shows sales density in terms of sol

    As we have checked the graphs above, the density of sales has increased very much in the days of August

    Weekly sales density in terms of sol

    The scatter chart on the right shows sales density in terms of sol

    in the third and fourth week of August, the sales density has increased a lot

    Monthly sales density in terms of sol

    The scatter chart on the right shows sales density in terms of sol According to this graph, in April and August, the sales density has increased so much that in these two months alone, total sales were more than 200 thousand sol.

    Daily average accumulation sales density in terms of sol

    The scatter chart on the left shows the average accumulation of sales density in terms of sol According to this chart, until September 8, 2022, the density of sales average accumulation is very high, so that more than 1.0823 million sol has been accumulated.

    This chart shows how the accumulation increases over time

    Weekly average accumulation sales density in terms of sol

    The scatter chart on the left shows the average accumulation of sales density in terms of sol According to this chart and the previous chart, you can see that in the last two weeks, the average accumulation reached its highest level and exceeded 1 million sol.

    This chart shows how the accumulation increases over time

    Monthly average accumulation sales density in terms of sol

    The scatter chart on the left shows the accumulation of sales density in terms of sol According to this chart, the monthly average of accumulation in September is above 1 million sol This chart shows how the accumulation increases over time

    Most popular tokens that have been swapped to dust

    The chart below shows the most popular tokens that were traded with dust (dust was one side of the transaction).

    The number of transactions is also specified.

    wrapped sol with 141169 transactions and total trade 10514427.0574829 It has been the most popular

    You can also check this explanation in the donut chart below

    Top 10 Most popular currencies that are swapped by dust

    RANKADDRESS_NAMEnum txtotal dust
    1wrapped sol14116910514427.0574829
    2usd coin459343719159.09307245
    3null10455171117.044902659
    4usdt1866174094.556536658
    5puff94429301.547988736
    6famous fox federation9435133.946176435
    7shadow token52591164.57258775
    8raydium43227528.398240052
    9gst36011490.218437136
    10zion2431982.626934278