[NFT Oracle №26] Akumu Dragonz#5236 was priced by the PawnHouse consensus 168 times, where the final price reached 950 USDT (0.53 ETH)!

On June 8, 2022, the Akumu Dragonz#5236 completed the world’s first NFT oracle pricing!

During the 2-hour Pricing & Auction process, Akumu Dragonz#5236 received 168 many consensus prices. Statistics showed that the highest consensus price was 1,325 USDT provided by user 0xE12***B76, and the average consensus price was 945 USDT!

Akumu Dragonz#5236 passed 21 rounds of bidding, where the final price reached 950 USDT (0.53 ETH). Notably, the user who became the top Oracle was 0x732***D2c!

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.

Akumu Dragonz are an exclusive collection of 10,000 Dragon NFTs on the Ethereum blockchain. The Akumu Dragonz are the sister collection of Bōryoku Dragonz on the Solana blockchain, building cross-chain.Dragon holders receive access to a strong multi-chain community and have access to exclusive drops and experiences.

At present, the total transaction volume of RDBP in Opensea exceeds $4.99 million US dollars (4,600 ETH), and the floor price is 0.315 ETH. The NFT of this event is Akumu Dragonz#5236: solid color background, 3d glasses eyes, steampunk head, pink skin, underworld type.

Akumu Dragonz#5236 has completed one transaction in the past year. The transaction time and price are as follows:

  • On June 6, 2022, the transaction price was 0.35 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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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.

LIQUIDITY | EQUALITY | ACCURACY

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PawnHouse

Provide Better Liquidity and Price Discovery Mechanism for Nonstandard Assets