[NFT Oracle №41] YOLO BUNNY#522 was priced by the PawnHouse consensus 108 times, where the final price reached 1,150 USDT (0.67 ETH)!

On July 30, 2022, the YOLO BUNNY#522 completed the world’s first NFT oracle pricing!

During the 2-hour Pricing & Auction process, YOLO BUNNY#522 received 108 many consensus prices. Statistics showed that the highest consensus price was 2,271 USDT provided by user 0xEfc***29E, and the average consensus price was 1,230 USDT!

YOLO BUNNY#522 passed 21 rounds of bidding, where the final price reached 1,150 USDT (0.67 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.

YBCC is a premium club that consist of 9,999 YOLO Bunnies — music artists & lovers that traveled across a wormhole from the №1,402 universe. It is exclusively for its members and will grant benefits to them in special days. The benefits will include platform token airdrop, plots airdrop and the only chance to receive the genesis headphone NFT which will initiate the L2E (Listen to Earn)etc. Future areas and perks can be unlocked by the community with the development of Muverse.

At present, the total transaction volume of YOLO Bunny in Opensea exceeds $3.11 million US dollars (1,800 ETH), and the floor price is 0.5 ETH. The NFT of this event is YOLO BUNNY#522.

YOLO BUNNY#522 has no completed transactions 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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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