"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.
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.
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