[NFT Oracle №7] Mfer#8786 was priced by the PawnHouse consensus 247 times, where the final price reached 26,800 USDT!
On April 7, 2022, the Mfers’ stick figure collection, Mfer#8786, completed the world’s first NFT oracle pricing!
During the 2-hour Pricing & Auction process, Mfer#8786 received 247 many consensus prices. Statistics showed that the highest consensus price was 34,000 USDT was provided by user 0x245***b15, and the average consensus price was 13,296 USDT!
Mfer#8786 passed 49 rounds of bidding, where the final transaction price reached 26,800 USDT. Notably, the user who became the top Oracle was 0x0x732***D2c!
Sartoshi himself created the “mfers” NFT collection. A well-known artist, Sartoshi is regarded as the top meme creator on NFT Twitter. He launched the sale of his “mfers” NFT collection on November 30, 2021.
The sale comprised 10,000 NFT items, each selling or “minted” for 0.069ETH.
Mfer#8786 has conducted 2 sales transactions in the past, on Nov-30–2021, 0.185ETH ($610) and Feb-18–2022 3.2ETH ($10560).
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.
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