[NFT Oracle №9] 3Landers #6690 was priced by the PawnHouse consensus 216 times, where the final price reached 14,300 USDT!
On April 9, 2022, the NFT 3Landers #6690 completed the world’s first NFT oracle pricing!
During the 2-hour Pricing & Auction process, 3Landers #6690 received 216 many consensus prices. Statistics showed that the highest consensus price was 190,000 USDT was provided by user 0x16c***8A6, and the average consensus price was 22,664 USDT!
3Landers #6690 passed 31 rounds of bidding, where the final transaction price reached 14,300 USDT. Notably, the user who became the top Oracle was 0xc0D***9C1!
The 3Landers NFT project was released on the Ethereum Blockchain, consisting of 10,000 NFT characters in the style of “3Land”. The art has an impressive appearance and is unmistakable. In addition, there are 12 “DNA” types, hundreds of features, and ten exclusive 1-of-1 NFTs.
Currently, 3Landers has 5600 holding addresses with an NFT floor price of 1.83ETH.
3Landers #6690 has completed four transactions in the past two months. The transaction time and price are as follows:
• On February 20, 2022, the transaction price was 1.15ETH ($3795)
• On February 21, 2022, the transaction price was 1.72ETH ($5676)
• On February 22, 2022, the transaction price was 1.89 ETH ($6237)
• On February 26, 2022, the transaction price was 2.695ETH ($8774)
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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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