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Cole Perkins
@coleperkins
Swaps by the Numbers. We looked at swaps that occurred over the past 80 days (excluding noggs farmers) Here is what we are seeing: * Total Swaps: 22 * Via $Nouns: 16 * Via Treasury Swap Proposals: 3 * Via Pending Treasury swaps: 3 Of these * Purchased at Auction: 19 * Purchased on Secondary Market: 2 * Via Governance: 1 12 of swaps were created less than 8 days after the noun was acquired. Do swaps help drive demand to purchase Nouns?
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krel
@krel
appreciate all you do but find the narrative inflated
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Cole Perkins
@coleperkins
What’s inflated? Data is right there.
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krel
@krel
data tells you whatever you wanna see
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krel
@krel
If i restate the findings: Data shows that when people purchase a noun they also often choose to swap into something else. There is no/little data pointing to the swap as the driving factor of intent to purchase, but it also cant be ruled out. What we can say is that when people purchase a noun, they also like to swap. (Imo this is good — no need to push the narrative further)
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Cole Perkins
@coleperkins
I think there’s a lot narratives being pushed around about swapping with out any data to back them. We’re merely sharing what data we have.
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Spencer Perkins
@spencerperkins.eth
Understand interpretation can vary. We are trying to provide a transparent view of the data. Can you share more about why you feel this is inflated or what aspects of the data you find concerning?
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Bixbite 👽
@bixbite
This is very true..... while I think swapping is indeed increasing overall engagement, I would be hesitant to say that swapping is the reason why they are buying from auction in the first place - because the option to have TNS Fomo you the exact Nouns head of your choice has always been an option.
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