Vitalik Buterin praises Trueo for switching from Base to Ethereum

Prediction market protocol Trueo leaves the Base network and moves to the Ethereum mainnet. The move attracts the attention of Ethereum co-founder Vitalik Buterin, who publicly praises the platform for its focus on decentralisation and ethical design. At the time of writing, Ethereum is at $2.700, up 2.1% in the past 24 hours.

Ethereum is available at OKX and Bybit.

In brief:

• Trueo migrates from Base to the Ethereum mainnet due to better liquidity, network effects and decentralisation.
• Vitalik Buterin responds positively to the move and calls Trueo a promising player in prediction markets on Ethereum L1.
• Buterin specifically praises the platform for its decentralised approach and its ambition to further develop prediction markets in substantive terms.

Trueo chooses Ethereum over Base

Trueo cites Ethereum’s network effects, liquidity, integration options and degree of decentralisation as reasons for the migration. According to WuBlockchain, the protocol wants to distinguish itself emphatically from existing prediction market platforms by adopting a more ethical and decentralised approach.

Base is a layer 2 network built by Coinbase on top of Ethereum. By returning to the Ethereum mainnet, Trueo is deliberately opting for an environment with greater liquidity and broader integration options, although this generally comes with higher transaction costs.

Vitalik Buterin responds positively

Vitalik Buterin shares his support for the move on X. He states that it is good to see Ethereum L1 gaining a new serious prediction market provider focused on decentralisation, ethical conduct and exploring interesting applications of prediction markets as an economic mechanism.

Buterin thus also implicitly indicates that he considers existing prediction market platforms to be less decentralised or less ethical. Trueo positions itself as an alternative to established names in this segment, which according to Buterin are too focused on commercial interests and too little on the broader possibilities of the model.

Whether the migration will actually lead to more users and volume for Trueo remains to be seen. In any case, Buterin’s attention gives the platform visibility within the Ethereum community at a time when the ecosystem is also in motion on other fronts.