PANews reported on November 22 that the market-based media platform Truemarkets raised US$4.03 million through the public sale of NFTs, of which Ethereum co-founder Vitalik Buterin purchased 400 NFTs with a total value of 32 ETH (about US$107,000).
Truemarkets allows users to make predictions around real-world events and provide data support through AI agents and humans as prediction "oracles". The project leader said that in the future, every media or news can be combined with prediction markets to add value to the content and provide market-driven data points.
The NFTs sold this time are divided into "Oracle Patron NFTs" and "Truth Seeker NFTs". The purchased Oracle Patron NFT will qualify the holder in a future token offering (TRUE tokens). A single NFT can be exchanged for 2666.67 TRUE tokens, and 40.3% of the total supply is allocated to NFT holders. The public sale of NFTs is priced at 0.08 ETH (about $250) per NFT, with a total supply of 15,071.
Related reading: What makes the decentralized prediction market TrueMarkets different from Vitalik spending 32 ETH to mint NFTs?
