- Truth Social unveils utility token for loyalty rewards program.
- TMTG aims for broader crypto integration.
- Public beta currently available for $9.99 monthly.
Truth Social, a US-based social media platform founded by Donald Trump, announced on July 10 the launch of a utility token linked to its new loyalty rewards program.
The move signifies Truth Social’s growing interest in cryptocurrency, aiming to integrate digital tokens into its services. This expansion reflects broader trends in integrating crypto solutions.
Truth Social Launches Patriot Package Utility Token
Truth Social, operated by Trump Media & Technology Group (TMTG), revealed plans to introduce a utility token as part of a loyalty program linked to its “Patriot Package” subscription. TMTG’s documents cite potential uses for subscriptions within the Truth ecosystem. Patriot Package subscribers will earn gem points convertible into utility tokens linked to Truth Social and Truth+.
The utility token will initially cover subscription costs on the Truth+ platform. As the rollout progresses, Truth Social considers expanding its ecosystem offerings. In particular, these changes create new revenue opportunities and pave the way for future crypto integrations.
“As part of a rewards program, we’re exploring the introduction of a utility token within a Truth digital wallet that can initially be used to pay for Truth+ subscription costs, and later be applied to other products and services in the Truth ecosphere.” — Donald Trump, Major Shareholder, Trump Media & Technology Group
Historical Context Mirrors Reddit’s Regulatory Challenges
Did you know? Truth Social’s token initiative echoes past endeavors like Reddit’s Community Points, known for boosting engagement initially but also facing regulatory scrutiny.
The provided data from CoinMarketCap shows Bitcoin’s price at $111,101.46 with a 63.88% market dominance and a $2.21 trillion market cap. Bitcoin experienced a 37.26% rise over 90 days, with a circulating supply of approximately 19.89 million tokens as of July 10, 2025.
Insights from the Coincu research team suggest that TMTG’s crypto foray could yield broader financial engagements if regulatory and technological integrations align seamlessly. Historical precedents show early engagement could lead to increased repeat users and subscriptions.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/347816-truth-social-loyalty-token-plan/