Truemarkets Completes Over $4 Million Fundraise Through Public NFT Sale, Vitalik Spends 32 ETH to Participate in Minting

BlockBeats News, November 22nd, according to The Block, Truemarkets, a market-based news and entertainment platform, raised over $4 million through a public NFT sale. It raised $4.03 million by selling 15,071 NFTs, with a minting cost of 0.08 ETH (approximately $250) per NFT. Ethereum co-founder Vitalik Buterin purchased 400 of these NFTs, spending a total of 32 ETH (around $107,000).

Truemarkets' NFT sale sold out quickly, following the success of Polymarket, indicating retail investors' continued interest in decentralized prediction platforms.

Truemarkets allows users to bet on real-world events. Truemarkets offers two types of NFTs: Oracle Patron NFT and Truth Seeker NFT. NFT holders are eligible to claim upcoming TRUE token airdrops in the platform's token generation events.