[NFT Oracle №24] Quirkies Originals#1008 was priced by the PawnHouse consensus 98 times, where the final price reached 3,980 USDT (2.04 ETH)!
On June 1, 2022, the Quirkies Originals#1008 completed the world’s first NFT oracle pricing!
During the 2-hour Pricing & Auction process, Quirkies Originals#1008 received 98 many consensus prices. Statistics showed that the highest consensus price was 7,731 USDT provided by user 0x6b4***2ae, and the average consensus price was 4,493 USDT!
Quirkies Originals#1008 passed 20 rounds of bidding, where the final price reached 3,980 USDT (2.04 ETH). Notably, the user who became the top Oracle was 0x2e6***5a8!
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.
Quirkies are a collection of 5,000 unique characters minted on the Ethereum Blockchain. Quirkies are your personal companion and will become your metaverse persona, so make sure you get a hold of a Quirkie which you feel represents you. Quirkies are created by our team artist through several hundred traits of quirkiness. Quirksville is always expanding and as our brand grows, Quirkies holders can expect special access to the latest products, merchandise and events.
At present, the total transaction volume of Quirkies Originals in Opensea exceeds $26 million US dollars (13,400 ETH), and the floor price is 2.29 ETH. The NFT of this event is Quirkies Originals#1008: overgrown antenna, purple backgrounds, arrows body, green bandana face, long brown hat, pinkish head.
Quirkies Originals#1008 has completed three transactions in the past year. The transaction time and price are as follows:
- On March 11, 2022, the transaction price was 1.27 ETH
- On March 8, 2022, the transaction price was 0.909 ETH
- On February 12, 2022, the transaction price was 0.15 ETH
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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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