On November 22nd, Truemarkets, a news and entertainment platform based on the market, raised over $4 million through a public NFT sale. They 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 bought 400 of these NFTs, spending a total of 32 ETH (approximately $107,000).
Truemarkets allows users to bet on real-world events. There are two types of NFTs on Truemarkets: Oracle Patron NFTs and Truth Seeker NFTs. NFT holders are eligible to claim upcoming assets in the form of TRUE tokens in the platform's token generation events.