Truemarkets raises over $4M through NFT sale as Vitalik Buterin buys 400 NFTs

As a seasoned crypto investor with a knack for spotting potential, I must admit that the recent NFT sale by Truemarkets has caught my attention. The involvement of Ethereum co-founder Vitalik Buterin, who scooped up 400 NFTs worth $107,000, is a clear indication that this project is on the right track.


In a notable NFT sale, Truemarkets collects approximately $4.03 million in funds. Notably, Ethereum co-creator Vitalik Buterin purchases 400 NFTs for a total of $107,000.

During its public sale, Truemarkets, a decentralized prediction platform, garnered funds by offering 15,071 Non-Fungible Tokens (NFTs). Each NFT was priced at 0.08 Ethereum (ETH), approximately equivalent to $250 per token. Notably, among the buyers was Vitalik Buterin, one of the co-founders of ETH, who purchased 400 NFTs for a total of 32 ETH. This equates to around $107,000 in value.

I am absolutely ecstatic and deeply honored to extend a warm welcome to Patron, Vitalik Buterin!

— Truemarkets (@Truemarketsorg) November 19, 2024

Oracle Patron NFT and Truth Seeker NFTs. Owners of the Oracle Patron NFT will have the opportunity to claim approximately 2,666.67 TRUE tokens during an upcoming token launch event. It’s worth noting that Truemarkets’ token distribution plans assign around 40.3% of its total 100 million TRUE tokens to the Patron NFT holders.

The sale of NFTs not only provided significant financial resources but also demonstrated the potential for prediction markets to combine blockchain technology with real-world scenarios. Truemarkets has emerged as a significant player in this growing field. Currently, the Ethereum network, which supports Truemarkets’ NFTs, is performing well, with a 24-hour trading volume increase of 76.06% and a price of $3,331.21.

Moreover, there was a significant increase of 38% in dApp activity at the Ethereum blockchain, which amounted to approximately $3.936 billion in transactions. This surge can be attributed mainly to Non-Fungible Tokens (NFTs) and EIP-4844, a network upgrade for Ethereum aiming to improve scalability.

Showing promise with backing from influential figures such as Buterin, Truemarkets appears prepared to debut its TRUE token and further its endeavors within the realm of decentralized prediction markets.

 

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2024-11-22 08:00