[NFT Oracle №35] Grifter#577 was priced by the PawnHouse consensus 254 times, where the final price reached 18,150 USDT (14.92 ETH)!

On July 9, 2022, the Grifter#577 completed the world’s first NFT oracle pricing!

During the 2-hour Pricing & Auction process, Grifter#577 received 254 many consensus prices. Statistics showed that the highest consensus price was 36,232 USDT provided by user 0x597***461, and the average consensus price was 21,633 USDT!

Grifter#577 passed 26 rounds of bidding, where the final price reached 18,150 USDT (14.92 ETH). Notably, the user who became the top Oracle was 0x841***A03!

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.

Grifters by XCOPY is a collection of 666 NFTs. Async Blueprints,its creator says: Grifters gonna grift!

At present, the total transaction volume of Grifters by XCOPY in Opensea exceeds $5.96 million US dollars (4,900 ETH), and the floor price is 20 ETH. The NFT of this event is Grifter#577: xcopy artist, edition asset type, bubbles atmosphere, blue flimflam, red pill noise, sideways pink surface, flimflam type, eth head vision.

Grifter#577 has completed three transactions in the past year. The transaction time and price are as follows:

  • On June 17 2022, the transaction price was 10.99 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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Provide Better Liquidity and Price Discovery Mechanism for Nonstandard Assets