- The sale of 15,071 NFTs, which cost 0.08 ETH ($250) to mint, generated $4.03 million for Truemarket.
- Vitalik Buterin, a co-founder of Ethereum, paid 32 ETH, or roughly $107,000, for 400 of these NFTs.
- Following Polymarket’s success, Truemarkets’ sold-out NFT offering indicates that retail investors are still interested in decentralized prediction platforms.
With Ethereum co-founder Vitalik Buterin as a buyer, the markets-based news and entertainment company Truemarkets made nearly $4 million from a public NFT sale.
Following Polymarket’s success, Truemarkets’ sold-out NFT offering indicates that retail investors are still interested in decentralized prediction platforms.
With both AI bots and humans acting as oracles, Truemarkets allows users to wager on actual occurrences. In the future, every news article or piece of media will have a PM [prediction market] connected to it in order to enhance and complement the content with data points derived from the market.
Oracle Patron and Truth Seeker NFTs are the two varieties of NFTs offered by Truemarkets. In the platform’s upcoming asset TRUE token generation event, NFT holders become eligible to claim tokens.
With 15,071 NFTs in total supply, Truemarkets launched its Patron NFT sale on November 18. Each NFT costs 0.08 ETH, or roughly $250. According to the project’s tokenomics page, each Oracle Patron NFT holder is eligible to receive 2666.67 TRUE tokens, accounting for 40.3% of the 100 million TRUE token supply.
Buterin paid 32 ETH (more than $107,000 at today’s rates) for 400 Patron NFTs.
Vitalik is not the kind to purchase anything for 32 ETH, particularly while it’s being sold in public. We must have done something correctly, then!
As of 5:06 p.m. ET (22:06 UTC) on November 21, Ethereum is worth $3,351.32, up 8.70% over the previous day.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
