ART GOBBLERS

Art Gobblers is a self-sustaining decentralized art factory owned by Aliens. Gobblers produce $GOO to make pages that can be used to create art. This art can be fed to Gobblers to add it to its “belly gallery” or sold individually as 1-of-1 NFTs. Originally 2000 Gobblers were minted via a whitelist. $GOO can also be created to mint additional Gobblers. This Dashboard tracks mint trends, Gobbler sales, Gobbler mint wallet segmentation, $GOO on dexes, Gobblers produced via $GOO, and page production

Gobblers Minting Info

• First day saw a majority of Gobblers minted since then around 10-20 Gobblers have been minted per day
• Similar to # of mints, only a few address per day are minting with a small portion being new

Wallet Segmentation

• A Surprising amount of wallets had never owned an NFT before. This is most likely due to being new wallets
• Over 78% of wallets that have minted a Gobbler have transferred it out of their wallet, however this does not necessarily mean they flipped (could have transferred it out). It can be determined that close to 47% of wallets had sold a Gobbler and now currently have zero Gobblers in their possession
• A surprising amount of wallets were quite new. Around 28% of wallets were less than 50 days old. 23% of wallets committed their first transaction on the same day as minting a Gobbler
• A lot of the wallets actually did not posses much ETH in them (less than .25 ETH). Only 22 wallets owned 50-100 ETH
• While a majority of the wallets have seen a negative change in the amount of ETH in their wallet, 300+ wallets have seen a 300% increase with some netting over $50k

Minting and Total Possession of Art Gobblers

• The average wallet has only minted one gobbler at the current time
• With the current highest amount of being 16 mints, the top holders have been buying up a large amount of art gobblers

$GOO Overview

• Gobblers produce $GOO. They can either use that $GOO to mint more Gobblers or produce more pages
• Over time the cost to mint with $GOO has risen (inflationary), but the overall $USD price to mint a gobbler with $GOO has gone drastically down. You can notice the VRGDA mechanism in play when pricing (Ups and Downs)
• The price to mint with $GOO vs buying on the secondary market seems to be similar. Could a slight arbitrage exist between buying $GOO and then selling a minted Gobbler on the secondary market for ETH?

Secondary Sales on NFT Marketplaces

• The initial days after the Art Gobbler mint saw millions in sales, but the total volume has dropped off to around $250k.
• In terms of volume, Art Gobblers is doing volume in the top 20 NFT collections (right outside the top ten though)
• Price has drastically gone down after the first few days of the mint. What is interesting is that even though the number of Gobblers will continue to increase, this is not caused by inflation of the supply
• The floor and average price are not quite off from each other over all.
• Blur (Paradigm backed) has done a majority of the sales. Is this due to the potential airdrop for Blur or because Blur is backed by Paradigm (Gobblers was created by the Paradigm team)?
• A surprising amount of sales (~40%) have been through aggregation. This may suggest traders may be looking for the cheapest Gobbler rather than a particular one

$GOO on Dexes

• Goo volume has gone drastically post mint (Less than $22k)
• Less than 20 traders are swapping for $GOO.

• Similar to $GOO, the VRGDA mechanisms is seen with the sharp declines (producing too many pages at a given time)

• Page currently costs around $50-60 ( in $GOO) per page produced

• Only a fraction of Gobbler wallets have actually produced a page (175 vs 1800+)