Truemarkets, cousin of the Polymket base L2, is officially launched

A new Truemarkets prediction market platform was finally launched after collecting more than $ 4 million through its public sale of Oracle Patron nft in November 2024, with 400 nft Buterin Acuqueras.

Truemarkets (true), the decentralized prediction market platform based on the block chain of the base layer <a target="_blank" href="https://x.com/Truemarketsorg/status/1899393382033641829″ target=”_blank” rel=”nofollow”>Officially launched. Similar to the Polymarket, Truemarkets add the headlines of the headlines on different topics (policy, pop culture, etc.) in real time, which carries real world data to the ecosystem in the chain. Like Polymket, it also allows users to bet on the results of the events, which reflects the current public feeling.

In addition, Truemarkets encourages participation by offering rewards for precise predictions. Specifically, Truemarkets creates a commercial market where people can buy and sell tokens “yes” and “no” for each prognosis scenario (for example, the ETFs of Solana (Sun) will be approved at the end of 2025?). The price of “yes” tokens and “does not” change constantly based on the probability that the market creates each response. Merchants and liquidity suppliers buy/sell tokens, adjusting prices. After the event really occurs, the tokens corresponding to the correct The answer can be redeemed for $ 1 each. Tokens corresponding to incorrect The answer becomes useless.

The long -awaited Truemarkets launch occurs after the company raised $ 4.03 million through its public sale of nft. Specifically, the company sold 15,071 of its Oracle Patron nft with a price of 0.08 ethereum (eth). Vitalik Buterin bought 400 nft worth 32 eth. Truemarkets will allocate 40.03% of its total of 100 million true tokens supply to the nft pattern holders in the next Airdrop. True will only work as a government token.