Truth Social’s Patriot Package to launch utility token, rewarding subscriber engagement with gems for Truth+ subscriptions.
The user experience of Donald Trump’s Truth Social platform will undergo a significant transformation by introducing a utility token specifically tailored for Patriot Package subscribers. According to a recent announcement on Truth Social, subscribers will accumulate jewels on their accounts based on their level of engagement. These gems will subsequently be linked to a utility token.
Truth Social Launches Loyalty Rewards Program and Utility Token
In the most recent development, Truth Social, which Donald Trump founded, has announced in an official post the prospective launch of a utility token as part of its new loyalty rewards program. According to reports, this program will exclusively reward Patriot Package subscribers based on their active status. A utility token will be associated with these rewards on both Truth Social and Truth+ later. The declaration was as follows:
In the near future, 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+.
This development is particularly noteworthy in light of Donald Trump Jr.’s acquisition of 350,000 shares of Thumzup Media. The company’s crypto strategy was intended to be strengthened by this acquisition, which was valued at $4 million. The acquisition included Ethereum (ETH), Ripple (XRP), Solana (SOL), Dogecoin (DOGE), and Litecoin (LTC).
Additionally, the platform disclosed information regarding its current public BETA testing of its Patriot Package, a new Truth+ streaming plan. As per the announcement, this subscription provides a variety of advantages, such as a broader selection of video-on-demand, exclusive features, and ultra-fast streaming of premium news channels with a concentration on non-woke content. These features include boosted comments, a red checkmark, and a Truth+ badge. In essence, the bundle is designed to offer patriotic Americans a dependable source of news and entertainment unaffected by mainstream influences.
Crypto Ambitions
It is intriguing that the parent company, Trump Media & Technology Group, has a history of investigating crypto initiatives. This most recent action is closely related to Truth Social’s application for a crypto blue-chip ETF, including prominent digital assets such as Bitcoin, Ethereum, Solana, XRP, and Cronos.
The company disclosed in April that it intends to introduce a utility token that will serve as the foundation of its ecosystem. In May, there were increasing rumors that Truth Social was preparing to introduce its meme coin. Nevertheless, the organization promptly denied the allegations.
