The market-driven media platform, Truemarkets, has achieved a major milestone, raising over $4 million through its public NFT sale. Among the notable buyers was Ethereum co-founder Vitalik Buterin. This accomplishment highlights the platform’s innovative approach of blending decentralized prediction markets with news and entertainment content.
Truemarkets allows users to bet on real-world events, leveraging both AI agents and human participants as oracles. According to project lead Millie, the platform aims to attach prediction markets (PMs) to media and news pieces, enhancing content with market-driven data.
The NFT sale offered two categories: Oracle Patron NFTs and Truth Seeker NFTs. Holders of these NFTs are eligible to claim tokens during the platform’s upcoming token generation event for its native asset, TRUE. The Oracle Patron NFTs, priced at 0.08 ETH (approximately $250) each, sold out rapidly. In total, 15,071 NFTs were minted, with each holder entitled to claim 2,666.67 TRUE tokens.
Vitalik Buterin made a substantial purchase, acquiring 400 Oracle Patron NFTs for 32 ETH—valued at over $107,000 at current Ethereum prices. Commenting on the high-profile acquisition, Millie noted, “Vitalik is not the type to buy 32 ETH of just anything, especially in a public sale. So it feels like we must have done something right!”
The sale allocated 40.3% of TRUE’s 100 million token supply to Patron NFT holders, according to the project’s tokenomics. The strong reception of the sale, paired with Buterin’s endorsement, highlights the growing interest in decentralized prediction platforms, following the success of similar projects like Polymarket.
Ethereum’s recent price increase further underscores the timing of Truemarkets’ sale. The cryptocurrency is currently trading at $3,351.32, reflecting an 8.7% rise over the past day. As Truemarkets prepares to launch its TRUE token, the project stands poised to capitalize on the momentum in both the NFT and decentralized finance sectors.