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 have a positive correlation with the 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
What is Aurory?
- AURORY is a free-to-play, tactical, turn-based JRPG built on the Solana blockchain. The game invites users to explore a rich and diverse universe, where they will travel across the worlds of
Antik
andTokané
as they complete different quests, discover lost relics, defeat enemies, and compete against other players using creatures called “Nefties". - With more than 150,000 concurrent minters, the Aurorian NFT sale was one of the most highly anticipated NFT sales on Solana. Aurorians serve as an avatar for early supporters and come with a long list of exclusive perks and benefits.
- $AURY, is at the heart of the economy and fuels all operations in the game. Users can stake $AURY tokens in flexible and locked pools, with marketplace features to arrive to the ecosystem in the future.
- Aurory also offers NFT staking, where users will be able to stake their NFTs, and by doing so, be eligible to earn exclusive in-game skins, legendary cards, power-ups, and more.
Methodology
In this dashboard, I will analyse two main aspects of Aurory: the $AURY token, as well as the Aurory NFTs.
I will look into the daily mints and sales of the NFTs, as well as the daily sales volume. I will look for some correlations between the sales count and the sales volume, and will investigate whether the Aurory game has affected the user growth of Solana at all - whether there have been many users onboarding the network lately. Lastly, I will look into the staking behaviour of the Aurorian NFTs.
As another point of comparison, I thoiught it will be insightful to see how many users Aurory attracted to Solana. The graph above shows us the daily new users that join Solana, together with the line which tells us how many users have swapped $AURY token. This correlation is not perfect, as it is only approximate - but we can see the overall trend, that on some days the number of swappers increased while the number of users onboarding Solana also increased, which might mean that Aurory did attract some users to Solana - good news!
Staking
Sadly, I was not able to get the counts for how many users are staking the $AURY token, but in order to compensate for this, I found a very interesting dashboard that investigates the staking behaviour of the Aurorian NFTs - I have taken some queries from this dashboard in order to analyse how the staking behaviour is looking like lately.
Firstly, we can see that there have been some major spikes in the daily users that use Aurory, with the biggest number of users (220) being on the 17th of April. This spike has a one-to-one relationship with the number of daily sales and mints, as well as the sales volume generated by these NFTs. Therefore, we can see that with more users, there is a lot more action going on in Aurory - more NFTs are being minted and sold. By looking at the scatter chart below, we can also check this correlation a step further. We can see that with an increased number of daily sales, the sales volume increases. In other words, when the number of users stays fairly constant and there is not that much traction, the sales volume also stays quite constant.
$AURY Token Price
The native token to Aurory seems to be on a big decline since December 2021. There are not many spikes in the chart shown on the left, which implies that Aurory did not positively affect the price of the token. With new updates and more exciting news that Aurory announces, the price of the token should increase accordingly - and we don’t see this here - sadly.
We can see that quite a large number of Aurory NFTs have been staked, which means that the principle of the project is working - and that users want to get the rewards promised, such as exclusive in-game skins, legendary cards, or power-ups from staking the NFTs. By looking at the daily chart, we can see that users have been staking their NFTs a lot more in April this year - and that now the staking actions have quieted down and stayed pretty constant. Lastly, the pie chart shows us which tiers of NFTs users are holding the most - with Level 1 being the most popular and Level 4 being the most difficult to obtain. The results make sense, Level 4 constitutes to only 7.88% of the NFTs staked, which is a fairly small proportion.
Conclusion
This dashboard has investigated how Aurory is doing, from a few different perspectives. I have looked into the daily number of mints and sales for the Aurory NFTs, as well as the number of unique users that interacted with Aurory in the past months. In order to see whether the project affected the $AURY price, I have looked at the daily average price - and we have seen that the price of the token has been declining quite quickly. We are in a bear market after all, and users don’t want to invest into projects as rigorously as they used to, and it is clear that Aurory has been affected too. Furthermore, I have investigated the staking behaviour (thanks to sabervalimohammadi@gmail.com
dashboard), whether users like to stake their NFTs in order to gain different rewards, and we have seen that quite a big number of NFTs are being staked - especially Level 1 expeditions.