According to BlockBeats, on November 22, The Block reported that Truemarkets, a market-based news and entertainment platform, raised more than $4 million through public NFT sales. It raised $4.03 million by selling 15,071 NFTs, with a minting fee of 0.08 ETH (about $250) per NFT. Ethereum co-founder Vitalik Buterin purchased 400 of the NFTs, spending a total of 32 ETH (about $107,000).
Truemarkets’ NFT sale sold out, following the success of Polymarket, which shows the continued interest of retail investors in decentralized prediction platforms.
Truemarkets allows users to bet on real-world events. Truemarkets has two types of NFTs: Oracle Patron NFT and Truth Seeker NFT. NFT holders are eligible to claim the upcoming asset TRUE token during the platform's token generation event.
