HomeCryptocurrency NewsEthereumPrediction Market Trueo Moves From Base to Ethereum

Prediction Market Trueo Moves From Base to Ethereum

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Prediction market platform Trueo plans emigrate from Base to Ethereum, citing broader integration alternatives and plans to construct the following iteration of its oracle system.

The mission, which launched on Base in March 2025, mentioned its precedence after the migration shall be attracting liquidity and launching the following technology of its oracle, the system used to confirm real-world outcomes which can be used to resolve prediction markets.

Trueo mentioned it selected to maneuver from Base to Ethereum as a result of it supplied greater integration potential and product upside, whereas on Base, integrations are restricted to the quick ecosystem.

“Ethereum is the best chain for the most credibly neutral and truthful oracle system and prediction markets,” Trueo co-founder often known as “Lumberg” mentioned on X.

Source: Vitalik Buterin

“As a new app and experiment, an L2 like Base was the right choice for many reasons. At the time, Mainnet gas costs were still elevated and some features of our app were experimental,” Trueo mentioned on X.

“The final form of Trueo is to be a platform that is widely adopted, broadly integrated, fully permissionless, mostly immutable, and highly credible. Ethereum is the best fit for this combination of properties.”

Trueo is ranked because the 14th-largest onchain prediction market with a complete worth locked of $795,687, in accordance to DefiLlama.

Related: World Cup generated $20B in blockchain prediciton market quantity: Chainalysis

Content Source: cointelegraph.com

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