[NFT Oracle №23] Ronin#1353 was priced by the PawnHouse consensus 140 times, where the final price reached 4,500 USDT (2.5 ETH)!

On May 28, 2022, the Ronin#1353 completed the world’s first NFT oracle pricing!

During the 2-hour Pricing & Auction process, Ronin#1353 received 140 many consensus prices. Statistics showed that the highest consensus price was 8,829 USDT provided by user 0xc8b***976, and the average consensus price was 4,739 USDT!

Ronin#1353 passed 12 rounds of bidding, where the final price reached 4,500 USDT (2.5 ETH). Notably, the user who became the top Oracle was 0x6b4***2ae!

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.

Ragnarök is the first metaRPG. Become one of the 7777 Ronin to get access. Your NFT becomes your digital identity. Your profile picture, your in-game character. Slay Monsters, Loot Objects and Craft NFTs. Gain XP, Level Up and Change Classes. Trade, Earn, and Own Real Estate. The line between the physical and digital world is blurring. Ragnarök is rewriting the rules.

At present, the total transaction volume of RDBP in Opensea exceeds $14.66 million US dollars (18,800 ETH), and the floor price is 0.797 ETH. The NFT of this event is Ronin#1353: grey background, chill eyes, short blue hair, scroll mouth, white wushu outfit, porcelain skin girl, tech dagger weapon.

Ronin#1353 has completed four transactions in the past year. The transaction time and price are as follows:

  • On May 1.45, 2022, the transaction price was 1.45 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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PawnHouse NFT Pricing Review:

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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Provide Better Liquidity and Price Discovery Mechanism for Nonstandard Assets