"The New Marketplace is a powerful tool for promoting peace in the galaxy. We at ATMTA created this network to connect individuals and businesses through a chain of logistics, enabling the exchange of goods through every terminal connected to our system. This serves two purposes: to distribute wealth throughout the galaxy and to align the economic interests of all individuals and institutions. If moral principles do not prevent war, let us make it costly for anyone who wishes to start one." - ATMTA CEO.
We have developed an onchain service to monitor the usage and trends of the Galactic Marketplace data, including player and guild behavior. We track the total number of transactions across the two currencies, ATLAS and USDC, which are converted to USD for ease of comparison. We focus on understanding the number of transactions per day and the net flow of ships, which are the backbone of the Star Atlas economy. The dotted lines indicate above and below average days, giving us valuable insight into the marketplace's performance.
Supply and demand is the fundamental principle behind any marketplace. In order for players to buy assets, there must also be someone willing to sell. By monitoring the balance between buy and sell orders, we can understand the demand for assets and the overall demand to sell assets and act as a market maker. This is important as it provides insight into the health of the marketplace and can help identify potential imbalances or issues that need to be addressed. Additionally, understanding the demand for assets can also help players make informed decisions about their own trading strategy.
We use on-chain data analysis to evaluate the level of activity in the marketplace. By tracking the number of daily transactions, we gain insight into the level of market participation, which can provide valuable information on the health of the marketplace and can help identify trends in user behavior. Additionally, monitoring the number of transactions can also inform players about the level of competition in the marketplace and help them make more informed decisions about their trading strategy.
The growth of the marketplace is essential to the economy of Star Atlas. By analysing on-chain data, we can understand the number of new wallets participating in the marketplace on a daily basis. As of now, we have seen an impressive number of over 52,000 unique wallets actively transacting on the Galactic Marketplace. This not only highlights the level of engagement in the marketplace, but it is also indicative of the overall growth and success of the Star Atlas economy. The more new wallets participating in the marketplace, the more vibrant and healthy the economy is.
The origination price of ships is the initial price set by Star Atlas when they are released to the public. To better measure the value of ships, we use VWAP (Volume Weighted Average Price), which takes into account the average of origination prices across different price points and quantities. By comparing daily sales to the VWAP, we can see if the market agrees with Star Atlas' valuation or if ships are selling at a discount. This is called the "Daily Ship Discount" and is expressed as a percentage from the VWAP. It helps us understand the trend of ship prices over time and make predictions. This measure is important for players who want to buy ships at a lower price and sell them at a higher price. We provide a 7-day forecast of discount prices and an overall trend line for your convenience. Happy hunting!
Be first to receive data insights from Star Dust Economy
DISCLAIMER: stardusteconomy.com is an unofficial site dedicated to Metaverse Projects. This site is not endorsed by, or affiliated with Automata, Inc. (Star Atlas). Some content and images related to "Star Atlas" are copyright of Automata Inc, "Star Atlas" is a registered trademark of Automata Inc, All rights reserved. Not Financial Advice: All content is for educational purposes only. We try to keep data shown as accurate as possible, but cannot guarantee data will be at all times. Please do your own due diligence!
Copyright © 2023 Star Dust Economy - All Rights Reserved.