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Art Blocks Collections: Alien Clocks vs. Ecumenopolis by Flipside Crypto
Earlier this month, Flipside Crypto unveiled our Art Blocks data and bounties. Now, it’s time to see what our community of expert analysts came up with.
Let’s dive in.
Alien Clocks: Out-of-This-World, Undervalued and Right on Time
So how did they do after-market on Opensea? There were a total of 511 completed sales of 298 different pieces, totaling ~1954 ETH or $5,421,811 (at the time of purchase). But despite these lofty figures, @Brian_Terra argues these pieces are still undervalued — and with good reason.
As we can see above, the price of Alien Clocks has been fairly volatile, but with a constant upward direction. Combine that with the upward trajectory of OpenSea sales in general (seen below), and @Brian_Terra believes that Alien Clocks “is an example of an extremely underrated Playground sale on Art Blocks.”
Playground Pieces Stay Hot 📈
Unsurprisingly, the rarity of these pieces has a major effect on their price, with rarity score effectively representing the price of a given NFT.
What has all this meant to the sales of various Ecumenopolis pieces? As we can see below, prices were on the rise until late August, when they quickly began to decrease, indicating a bubble that burst on or around August 29.
However, as @lostindefi points out, “this does not mean that it only goes downhill from here. The value of the collection can experience a similar bull run if the attention of the community shifts once again to Art-Blocks or the hype around LOOT settles down after a while.”
