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Truemarkets raises $4.03M through an NFT sale as Ethereum co-founder Vitalik Buterin buys 400 NFTs worth $107,000. 
<a href="https://truemarkets.org/" target="_blank" rel="nofollow">Truemarkets</a>, the decentralized prediction platform, raised the amount by selling 15,071 Non-Fungible Tokens during its public sale. The NFTs were priced at 0.08 Ethereum (<a rel="" href="https://crypto.news/price/ethereum/">ETH</a>), which is equivalent to about $250 each. One of the buyers was ETH co-founder Vitalik Buterin, who scooped 400 NFTs worth 32 ETH, which is roughly $107,000.&nbsp; 
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 https://twitter.com/Truemarketsorg/status/1858911370537754906 
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Truemarkets introduced two main NFTs-Oracle Patron NFT and Truth Seeker NFTs. Oracle Patron NFT holders will be able to claim 2,666.67 TRUE tokens during the upcoming token launch event. Truemarkets’ tokenomics will allocate 40.3% of its total 100 million TRUE token supply to the Patron NFT holders. The sold-out Oracle Patron NFT sale showcases the growing interest in prediction markets within the crypto community. It hypothesizes it would follow the same success as Polymarket, which played a crucial role in predicting the U.S. 2024 elections. Truemarkets enable users to bet on real-world events, applying both AI and human oracles for market creation around news and entertainment content. 
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The <a href="https://dappradar.com/nft-collection/oracle-patron-nft-1" target="_blank" rel="nofollow">NFT</a> sale not only brought in substantial funding but also highlighted how prediction markets can integrate blockchain technology with real-life cases. Truemarkets has now established itself as an important contender in this new area. Pro tem, <a rel="" href="https://crypto.news/solana-cant-be-global-backbone-of-blockchain-ethereum-community-member-says/">Ethereum chain</a>, which buttresses Truemarkets’ <a rel="" href="https://crypto.news/nft-sales-surge-94-1-to-178-8m-ethereum-network-ranks-first/">NFTs</a>, has been doing well, trading at $3,331.21 with a 76.06% uptick in its 24-hour trading volume. 
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 TVL comparison of Ethereum, Solana and Optimism | Source: <a rel="" href="https://crypto.news/">crypto.news</a>
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In addition, <a rel="" href="https://crypto.news/what-are-dapps/">dApp</a> activity at the Ethereum network also jumped 38% with $3.936B transactions, driven by NFTs and <a href="https://github.com/ethereum/EIPs/blame/master/EIPS/eip-4844.md" target="_blank" rel="nofollow">EIP-4844</a>, an Ethereum network upgrade focused on scalability. 
With a strong beginning and support from prominent figures like Buterin, Truemarkets seems ready to launch its TRUE token and advance its work in decentralized prediction platforms. 
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Truemarkets raises over $4M through NFT sale as Vitalik Buterin buys 400 NFTs

crypto.news

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