02.07.2022 Views

SHILL Issue 63

Solana ecosystem magazine.

Solana ecosystem magazine.

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As you can probably tell, there are slight differences in the projects they are swapping from and swapping<br />

into. Very interesting if you love understanding the intricacies of social worth within various NFT<br />

collections. What’s even more interesting in the 10K+ follower data, is that notable ETH collections such<br />

as Azuki, Doodles, CryptoPunks swapped into Okay Bears, reflecting the attraction and conversion of<br />

ETH NFT holders we saw congregate over to Solana. On the backend you can see that once they were<br />

done holding Okay Bears or perhaps taking profit on this collection, they then moved to DeGods, Taiyo,<br />

Boryoku Dragons and Solana Monkey Business – perhaps long-time grails they’ve wanted and finally<br />

had the liquidity for. Compare this data to that of the followers greater than 1K and you can tell there<br />

are more flippers in this territory, as amongst the top 10 collections swapped into, 3 or 4 of them are<br />

even more recent mints as opposed to established OG collections. You can even adjust the number of<br />

collections shown to reflect more data points. Here, I’ve swapped total collections to 30 whilst keeping<br />

profiles greater than 1K+ followers.<br />

This data is amazing not just for traders, but also for project owners. They can pinpoint exactly which<br />

community members are the most vocal with the most impactful voices. Is it possible that in the near future<br />

the top community members are rewarded by projects for being brand ambassadors? I can totally<br />

see @justinape receiving that stamp of approval but on a more official level.<br />

<strong>SHILL</strong> <strong>Issue</strong> #<strong>63</strong><br />

77

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