The Rise of DeGods
Create visualizations showing sales volume and unique wallet purchases since January 1st on Magic Eden.
as first part of this question we should show daily amount of sol purchased for DeGods NFT and number of unique buyer.Also for better understading I added number of buy in each day to see are some of user buy more than one NFT or not.
let's be honest first quatre of 2022 wasn't perfect quatre for 2022 (source : Magic Eden vs OpenSea vs Random Earth - Flipside Crypto) but as we see amount of sell and price of DeGods NFT increased and that's perfect!.
Using the NFT metadata, are there certain traits that have become more popular over time in anticipation of DeadGods?
in this part I want speak more about DeGods has special project for me. this project was one of first projects that I want to mint and time of this project start lot's of scam projects minted daily. but degods came with Streng features. cool developer and team that an Idea. I project goes lower than mint price.33.3% of price of sold NFT gone as royalty and spend to buy back nft from market and developer of degods says that just a test that is this way Is it useful or not. me and my friends decide to mint this but all of degods nft minted in a few seconds and seems to some bots minted but any way I dont look at degods until a few days ago see wooow now degods is one of highest priced and largest community in Solana!.
I tell this story to say things that put DeGods in tops Solana NFTs like Solana MBS and ... is great Community and Cools developer that don't afraid to try new feature or inspire from other project to push DeGods toward and they seems to work for Community and NOT JUST FOR MONEY. but also deadgod has some feature that isn't in degods or has better feature. some of them like:
- more reward from staking than degods
- only DeadGods can sell at auction houses
- doesn't change rarity but just The image on DeGod will switch to the DeadGods art. Same attributes, new aesthetic.
- this is one update on previous degods and everyyyyone love update even don't have any change ( in this case all atrriubute changes and has much cooler look)
- DeGods can burn but users are NOT able to burn DeadGods, for what is dead may never die.
Is it correlated $DUST swappers with the wallets that have purchased the DeGods?
in this part I do Some Query swaps on Jupiter and find swaps for $DUST at first step I find users who swap to $DUST then find how many of them buy an Degods and next calculate percentage of user buy both than just buy dust. next step do this steps for amount of bought Dust. at my calculation from 811 user who bought dust just 30.3% of them bought DeGods and this this 30.3% bought 61.9% of sold Dust that contain 279000 $Dust
PRICE of DUST after DEADGOD release?
first of all let's see sum information about DeGods and DUST.
- 91.7% of degods staked.
- 8687 staked and every 86870 DUST mint every day
- The supply of DUST will be capped at 33,300,000 tokens
- current inflation is about 0.026%
- only way to mint DUST is staking Degods and DeadGods
- after change to DeadGods daily reward change to 30 DUST per day after seeing all of this information seems to DUST very inflation and didn't expect to price go up but there is one thing i didn't tell you. for upgrading to DeadGods needs 1000 DUST and if 9000 of DeGods holder want to update 9,000,000 dust needed and this contain 27% of DUST supply. and current amount of DUST much lower than users need. so in this time Demand is greater than supply. In my opinion Although some of user may not update at start of DeadGods but high demand of DUST and great Community behind this project and utilities that added in near future keep this demand high and also there is three halving and this halving reduce amount of inflation and this another sign of increase of price of course there is auction that reduce DUST amount and another to lock DUST.
TDLR: in my opnion after releasing DeadGods price of DUST steal goes up.