TL;DR
- Truth Social will launch a utility token tied to its Patriot Package subscription, rewarding users based on their engagement levels.
- Subscribers will accumulate gems convertible into tokens to be used within Truth Social and Truth+, though no details about issuance or mechanics have been disclosed yet.
- The company is also moving forward with crypto ETFs and index funds, aiming to combine paid subscriptions, tokenized utilities, and digital assets in a proprietary ecosystem.
Truth Social, the social media platform operated by Trump Media & Technology Group, confirmed it is working on the launch of a utility token linked to its new subscription-based streaming service.
The initiative is part of a loyalty program associated with the “Patriot Package,” a $9.99-per-month subscription currently in beta testing that offers content from conservative media outlets along with other exclusive benefits.
According to the company, subscribers will begin accumulating gems in their accounts based on their engagement with the platforms. These gems will later be converted into a utility token usable across both Truth Social and Truth+, the streaming service accompanying this strategy. No technical details regarding the token’s issuance or distribution have been shared yet.
Truth Expands Across the Crypto Market
Trump Media had already announced in April its plan to explore a utility token to operate within its own digital wallet. Back then, it was outlined as a payment option for Truth+ subscriptions, with the possibility of extending its use to other digital products and services managed by the company. Moving forward with this project aims to capitalize on crypto dynamics to build a closed digital ecosystem with internal utilities.
In addition to this, Truth Social has been strengthening its position in the crypto market. Last month, it filed for approval to launch a Spot Bitcoin ETF and another combined fund including BTC and ETH. This week, it submitted a proposal to the U.S. Securities and Exchange Commission for a new exchange-traded fund called “Crypto Blue Chip,” which would hold exposure to BTC, ETH, SOL, XRP, and CRO.
Truth Social aims to diversify its business model by integrating decentralized financial products alongside its exclusive content and user base. The combination of paid subscriptions, tokenized utilities, and exposure to digital assets seeks to build a proprietary operational structure, less reliant on traditional channels and positioned to capture both retail and institutional demand for crypto services
