Last week, Truemarkets, a market-based news and entertainment platform, raised $4.03 million from the public sale of 15,071 NFTs. The minting fee for each NFT was 0.08 ETH (~$250), and the NFTs sold out. Ethereum co-founder Vitalik Buterin purchased 400 of the NFTs, spending a total of 32 ETH (~$107,000).
This news comes after the success of Polymarket, showing a continued interest among retail investors in decentralized prediction platforms. Truemarkets allows users to place bets on real-world events. There are two types of NFTs on the platform: Oracle Patron NFTs and Truth Seeker NFTs. NFT holders can claim TRUE tokens, the platform’s native token, during the token generation event.
