[NFT Oracle №39] Megami#03545 was priced by the PawnHouse consensus 126 times, where the final price reached 215 USDT (0.14 ETH)!

PawnHouse
3 min readJul 23, 2022

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On July 23, 2022, the Megami#03545 completed the world’s first NFT oracle pricing!

During the 2-hour Pricing & Auction process, Megami#03545 received 126 many consensus prices. Statistics showed that the highest consensus price was 419 USDT provided by user 0xA15***Fda, and the average consensus price was 213 USDT!

Megami#03545 passed 15 rounds of bidding, where the final price reached 215 USDT (0.14 ETH). Notably, the user who became the top Oracle was 0x468***0aC!

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.

MEGAMI is a collection of 10,000 PFPs designed by illustrator and YouTuber Naoki Saito.

At present, the total transaction volume of MEGAMI_NFT in Opensea exceeds $1.53 million US dollars (1,000 ETH), and the floor price is 0.12 ETH. The NFT of this event is Megami#03545: blurred background, eightfold flower backgroundeffect, ancient greek tunic clothe, snow crystal effect, senki facetype, generated generativetype, leather gauntlet gloves, golden flight hairstyle, spear halo, embrace handsign, burning skull powersource, rosy skintone.

Megami#03545 has no completed transaction in the past year.

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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