[NFT Oracle №10] TOONZ #6015 was priced by the PawnHouse consensus 235 times, where the final price reached 5,260 USDT!
On April 10, 2022, the NFT TOONZ #6015 completed the world’s first NFT oracle pricing!
During the 2-hour Pricing & Auction process, TOONZ #6015 received 235 many consensus prices. Statistics showed that the highest consensus price was 8,324 USDT was provided by user 0xc0D***9C1, and the average consensus price was 4,118 USDT!
TOONZ #6015 passed 39 rounds of bidding, where the final transaction price reached 5,260 USDT. Notably, the user who became the top Oracle was 0xF13***eb5!
The Degen Toonz NFT function as a ticket to a Metaverse full of events, a world that eventually morphs into a play-to-earn game in the distant future! Holding the Degen Toonz NFT for an extended period also grants the holder voting rights within the DAO.
Degen Toonz NFT is a collection of 8,888 NFTs built on the Ethereum blockchain, which went live via a pre-sale on February 18, 2022. The team set the Degen Toonz mint price to 0.085 ETH + gas fees. Currently, Degen Toonz has 4200 holding addresses and an NFT floor price of 0.369 ETH.
TOONZ #6015 has completed five transactions in the past two months. The transaction time and price are as follows:
- On February 23, 2022, the transaction price was 0.1 ETH ($330)
- On February 23, 2022, the transaction price was 0.1949 ETH ($640)
- On February 25, 2022, the transaction price was 0.45 ETH ($1485)
- On March 1, 2022, the transaction price was 0.75 ETH ($2475)
- On March 17, 2022, the transaction price was 0.63 ETH ($2079)
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PawnHouse NFT Pricing Review:
The PawnHouse project team combined and applied both the SMRA theory (2020 Nobel Economic Prize) and The Wisdom of Crowds theory to effectively solve the issue of decentralized NFT asset-pricing and improve the liquidity of NFTs.
Due to its unique characteristics, the historical transaction price of NFT is determined by private value. This results in less effective price information and is easier to control. By introducing price proposers to the market, PawnHouse satisfies both common and private values, and provides a comprehensive and rich price collection strategy. While building a price corridor for NFT assets, PawnHouse also supports NFT’s collateralization and auction transactions.
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