Nazia Saeed
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Truth Social unveils plans for a utility token, users will earn gems through engagement, which will later convert into a platform-wide crypto token.
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Patriot Package beta introduces premium features, subscribers get verified accounts, boosted posts, 12 streaming channels, and access to Truth+.
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SEC accepts Trump Media’s crypto ETF filing, the approved S-1 form covers both Bitcoin and Ethereum, expanding Trump Media’s crypto ambitions.
In a bold step towards integrating blockchain technology into its digital platforms, Trump Media & Technology Group has revealed plans to launch a utility token that will serve as a key component in its new Truth+ Patriot Package subscription program.
In a recent update shared via Truth Social’s official account, the platform teased that the utility token rollout is “coming in the near future,” with early testing already underway.
Rewards-based token ecosystem
The utility token will be linked to a new rewards system for subscribers of the Patriot Package. According to the announcement, users will be able to accumulate “gems” based on their engagement on Truth Social. These gems, in turn, will be convertible into the platform’s future utility token usable across Truth Social and Truth+.
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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, the official post stated.
What’s in the patriot package?
The Patriot Package marks a major expansion of Trump Media’s digital offerings. It includes:
- Access to 12 premium streaming channels, promoted as “non-woke news”
- A video-on-demand library
- Red-check verification on Truth Social
- Boosted comments and posts
- An exclusive Truth+ linked account
Currently, the subscription is in beta testing, with users invited to try it through a free trial link. Participants are also being asked to give feedback on gem designs for the upcoming rewards system.
Token use cases and platform integration
The concept of a utility token was first introduced in April via a shareholder letter from Trump Media CEO Devin Nunes. In the letter, Nunes confirmed that the company was exploring the development of a digital wallet and token to be used across its growing ecosystem.
Initially, the utility token is intended to help pay for Truth+ subscription fees, but its application could expand. The token may be integrated with other Trump Media projects, including Truth.Fi, the company’s planned foray into fintech and digital services.
SEC filing and crypto ETF plans
This announcement comes as Trump Media makes wider moves into the digital finance space. Most recently, the U.S. Securities and Exchange Commission (SEC) accepted the company’s S-1 application to list and trade a dual crypto ETF tied to Bitcoin (BTC) and Ethereum (ETH).
The ETF proposal, which is still under review, underscores Trump Media’s growing interest in merging Web3 technologies with its media and financial infrastructure.
