Close Menu

    Subscribe to Updates

    What's Hot

    Urbit – A Personal Cloud Server

    July 10, 2025

    Blockchain Interoperability 2025 – CoinCodeCap

    July 10, 2025

    Nansen brings validator muscle to Caldera in modular blockchain shakeup

    July 10, 2025
    Facebook X (Twitter) Instagram
    laicryptolaicrypto
    Demo
    • Ethereum
    • Crypto
    • Altcoins
    • Blockchain
    • Bitcoin
    • Lithosphere News Releases
    laicryptolaicrypto
    Home Trump’s Truth Social teases utility token launch for account rewards
    Crypto

    Trump’s Truth Social teases utility token launch for account rewards

    John SmithBy John SmithJuly 10, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Trump Media’s Truth Social hints at plans to launch a utility token that will be tied to user social media accounts as a means to accumulate rewards through the modified platform.

    In a recent post shared on the Trump-backed social media’s official account, the platform indicated that it plans to launch a utility token “in the near future.” Based on the post, Trump Media is in the beta phase of testing its new Truth+ subscription plan called the Patriot Package.

    Users who subscribe to the Patriot Package will be able to accumulate rewards through their social media account that will be tied to the utility token.

    “Based on their level of engagement with the platforms, Patriot Package subscribers will accumulate gems on their Truth Social accounts. These will eventually be tied to a utility token on both Truth Social and Truth+,” wrote the platform in its post.

    The Patriot Package consists of a TV streaming plan with 12 “premium, non-woke news channels” as well as what it claims to be a wide selection of video-on-demand services. The subscription plan also extends beyond Truth+ and into Truth Social with red-check verified accounts, boosted comments and an exclusive Truth+ account.

    At the moment, the social media platform is offering users a free trial of the Patriot Package on its beta test link. In addition, the platform is also asking users for feedback on gem designs for the rewards program. The gems will be linked to the utility token, which has yet to be revealed.

    Earlier in April, the Trump Media & Technology Group first brought up the concept of introducing utility tokens in a letter written for shareholders. In the document, CEO and Chairman of Trump Media Devin Nunes revealed that the company was exploring the addition of a utility token and digital wallet for its streaming platform, Truth+.

    The token is meant to be used to pay for Truth+ subscription costs and later on, its utility will extend towards a suite of other products and services under the Trump Media umbrella. Aside from Truth Social, the token’s could possibly apply to the company’s financial technology and financial services branch Truth.Fi.

    Most recently, the U.S. SEC accepted Trump Media’s application to list and trade shares of its Truth Social Bitcoin (BTC) and Ethereum (ETH) ETF. The S-1 form for the dual-crypto ETF is currently being reviewed almost a month since it was first lodged.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    John Smith

    Related Posts

    Urbit – A Personal Cloud Server

    July 10, 2025

    Blockchain Interoperability 2025 – CoinCodeCap

    July 10, 2025

    Nansen brings validator muscle to Caldera in modular blockchain shakeup

    July 10, 2025
    Leave A Reply Cancel Reply

    Demo
    Don't Miss
    Crypto

    Urbit – A Personal Cloud Server

    By John SmithJuly 10, 20250

    In this article, we will talk about Urbit. A virtual person server to achieve digital…

    Blockchain Interoperability 2025 – CoinCodeCap

    July 10, 2025

    Nansen brings validator muscle to Caldera in modular blockchain shakeup

    July 10, 2025

    Coinbase partners with Perplexity to unlock real-time crypto data for traders

    July 10, 2025

    LAI Crypto is a user-friendly platform that empowers individuals to navigate the world of cryptocurrency trading and investment with ease and confidence.

    Our Posts
    • Altcoins (176)
    • Bitcoin (6)
    • Blockchain (34)
    • Crypto (2,488)
    • Ethereum (384)
    • Lithosphere News Releases (43)
    • Uncategorized (330)

    Subscribe to Updates

    • Twitter
    • Instagram
    • YouTube
    • LinkedIn

    Type above and press Enter to search. Press Esc to cancel.