[NFT Oracle №38] Moonbirds#9492 was priced by the PawnHouse consensus 219 times, where the final price reached 30,700 USDT (29.69 ETH)!

PawnHouse
3 min readJul 13, 2022

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On July 13, 2022, the Moonbirds#9492 completed the world’s first NFT oracle pricing!

During the 2-hour Pricing & Auction process, Moonbirds#9492 received 219 many consensus prices. Statistics showed that the highest consensus price was 39,617 USDT provided by user 0xae5***7a9, and the average consensus price was 29,079 USDT!

Moonbirds#9492 passed 17 rounds of bidding, where the final price reached 30,700 USDT (26.69 ETH). Notably, the user who became the top Oracle was 0x5B9***351!

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.

Moonbird is a collection of 10,000 utility-enabled PFPs that feature a richly diverse and unique pool of rarity-powered traits. What’s more, each Moonbird unlocks private club membership and additional benefits the longer you hold them. We call it nesting — because, obviously.

At present, the total transaction volume of Moonbirds in Opensea exceeds $163.05 million US dollars (158,300 ETH), and the floor price is 27.5 ETH. The NFT of this event is Moonbirds#9492: pink background, short beak, crescent body, discerning eyes, red feathers.\

Moonbirds#9492 has completed two transactions in the past year. The transaction time and price are as follows:

  • On June 18, 2022, the transaction price was 18.69 ETH
  • On June 15, 2022, the transaction price was 15.4 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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