[NFT Oracle №22] Azuki#8300 was priced by the PawnHouse consensus 246 times, where the final price reached 28,800 USDT (14.7 ETH)!

On May 25, 2022, the Azuki#8300 completed the world’s first NFT oracle pricing!

During the 2-hour Pricing & Auction process, Azuki#8300 received 246 many consensus prices. Statistics showed that the highest consensus price was 61,230 USDT provided by user 0x2f0***Bd9, and the average consensus price was 35,473 USDT!

Azuki#8300 passed 24 rounds of bidding, where the final price reached 28,800 USDT (14.7 ETH). Notably, the user who became the top Oracle was 0xd7e***0Ca!

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.

Azuki starts with a collection of 10,000 avatars that give you membership access to The Garden: a corner of the internet where artists, builders, and web3 enthusiasts meet to create a decentralized future. Azuki holders receive access to exclusive drops, experiences, and more.

At present, the total transaction volume of Azuki in Opensea exceeds $480.5 million US dollars (242,700 ETH), and the floor price is 12.49 ETH. The NFT of this event is Azuki#8300: dark purple background, red qipao with fur, relaxed eyes with magenta flowy hair and grass mouth human.

Azuki#8300 has completed four transactions in the past year. The transaction time and price are as follows:

  • On May 20, 2022, the transaction price was 13.29 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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