[NFT Oracle №21] Tubby Cats3282 was priced by the PawnHouse consensus 146 times, where the final price reached 595 USDT (0.3 ETH)!

On May 21, 2022, the Tubby Cats3282 completed the world’s first NFT oracle pricing!

During the 2-hour Pricing & Auction process, Tubby Cats3282 received 146 many consensus prices. Statistics showed that the highest consensus price was 999 USDT provided by user 0xd53***8fd, and the average consensus price was 603 USDT!

Tubby Cats3282 passed 25 rounds of bidding, where the final price reached 595 USDT (0.3 ETH). Notably, the user who became the top Oracle was 0xF33***6bE!

PawnHouse is the world’s first NFT oracle. With Web3 and the Metaverse expanding, more NFT assets will emerge in the future. However, economic value is the foundation of vitality, and flow is the guarantee for realizing economic value. PawnHouse solves the NFT pricing problem through consensus value — Information is the resolution of uncertainty. PawnHouse aims to ensure liquidity with consensus and promote price emergence with price proposals! The platform allows users to provide information references for the bidder, and the final bid provides the quotation incentive scale.

Tubby cats bringing colour & creativity to the NFT space by supporting artists and spreading good vibes. With over 1600+ hand-created traits and a custom image generation algorithm, each tubby cat feels uniquely delicious. Tubby cats was created by an artist-led team, @tubbyCollective. Tubby cats are in the public domain.

At present, the total transaction volume of Tubby cats by tubby collective in Opensea exceeds $33.41 million US dollars (17,000 ETH), and the floor price is 0.14 ETH. The NFT of this event is Tubby Cats3282: gradient dots yellow background, mochi body, black color and plush eyes with ayo thin eyebrows, long side part and platinum blonde color hair, with a goggles yellow hat, rocker hands, beauty mark misc, grin mouth and dad shirt flannel red top.

Tubby Cats3282 has completed one transaction in the past year. The transaction time and price are as follows:

• On February 23 2022, the transaction price was 0.7 ETH

To participate with your assets in the pricing of NFT oracles, please apply via email to us: team@pawnhouse.io.

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About PawnHouse

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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