Crypto News

TrueMarkets, basic L2 cousin polyMarket, was officially launched

The new PrueMarkets foresight platform finally started after raising over 4 million dollars through its public Oracle protectors NFT in Nov. 2024, with a buether, which covers 400 NFTS.

TrueMarkets (true), decentralized Prediction market The platform is built on the base layer 2 BlockcAin has officially launched. Similarly PolimarketTrueMarkets Generators are highlighted throughout various topics (politics, pop culture, etc.) in real time, bringing data on the real world on the ecosystem on the chain. Like Polimarket, it also allows users to bet on events outcomes, reflect the current public sense.

In addition, TrueMarkets encourage participation by offering the awards for accurate predictions. In particular, TrueMarkets creates trading market in which people can buy and sell “yes” and “no” tokens for each predictions (eg Vill Solana (eg.Salt) ETFS is approved by the end of 2025. years?). The price “Yes” and “no” token is constantly changing on the basis of how likely the market is to be any answer. Liquidity traders and providers buy / sell tokens, adjusting prices. After the event actually happens, tokens that fit it correct The answer may be redeemed for $ 1 each. Tokens corresponding incorrect The answer becomes worthless.

The long-awaited launch of TrueMarkets comes after the company raised $ 4.03 million through its Public NFT Sales. Specifically, the company sold 15.071 its Oracle protector NFTS price at 0.08 Ethereum (El). Vitalik Baterin bought 400 NFTS worth 32 ETE. TrueMarkets will assign 40.03% of its total 100 million pregnant protectors of NTF to bearers in the upcoming air. The truth will only function as a management token.

TrueMarkets, BASE L2-Houses Polimarket officially launched - 1
Source: Blog TrueMarkets

https://crypto.news/app/uploads/2024/08/crypto-news-Hybrid-crypto-exchanges-will-inevitably-reign-in-the-market-option04.webp

2025-03-11 15:10:00

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