Truemarkets, Base L2’s cousin of Polymarket, is officially launched

A new TrueMarkets prediction market platform finally launched after collecting more than $ 4 million thanks to its Oracle Patron NFT public sale in November 2024, with Buterin Mint 400 NFTS.

Truemarkets (true), the decentralized prediction market The platform built on the blockchain of the base layer 2 A officially launched. Similar to PolymarketTruemarkets brings together major titles on different subjects (policy, pop culture, etc.) in real time, providing real data to the chain ecosystem. Like Polymarket, it also allows users to bet on event results, reflecting current public feeling.

In addition, Truemarkets encourages participation by offering rewards for specific predictions. More specifically, Truemarkets creates a commercial market where people can buy and sell tokens “yes” and “no” for each forecast scenario (for example, Solana (GROUND) FNB are approved at the end of 2025?). The price of tokens “yes” and “no” constantly changes according to the probability that the market thinks that each response is. Merchants and liquidity suppliers buy / sell tokens, adjusting prices. Once the event is actually produced, the tokens corresponding to correct The answer can be exchanged by $ 1 each. The tokens corresponding to incorrect The answer becomes worthless.

The long -awaited launch of Truemarkets occurs after the company has raised $ 4.03 million thanks to its NFT public sale. More specifically, the company sold 15,071 of its NFTS boss oracle at the price of 0.08 Ethereum (Ethn). Vitalik Buterin bought 400 NFT worth 32 ETH. Truemarkets will allocate 40.03% of its total of 100 million real token offers to the owners of the NFT boss in the next air deposit. True will only work as a governance token.