• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Truth Social to Launch Utility Token for Users

user avatar

by Giorgi Kostiuk

9 hours ago


Truth Social, the social media platform founded by US President Donald Trump, has announced plans to launch a utility token linked to its premium subscription service called Patriot Package.

Plans for Utility Token Launch

Truth Social TV has announced plans for a token that will reward users as part of its streaming subscription package. Patriot Pack subscribers will accumulate 'gems' in their Truth Social accounts based on their level of engagement with the platforms. These gems will eventually be tied to a utility token across both Truth Social and Truth+.

Expansion in Cryptocurrency

The company has made significant moves to expand its presence in the cryptocurrency space. Previously in April, Truth Social stated that it was considering issuing a utility token.

ETF Applications

Last month, the company filed applications for ETFs, including one linked to Bitcoin. Earlier this week, it also filed with the SEC for a 'Crypto Blue Chip' ETF that will consist of BTC, ETH, Solana, XRP, and CRO.

Thus, Truth Social is actively developing its cryptocurrency capabilities and plans to implement a utility token, which could open new opportunities for subscribers and users of the platform.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Jonathan Gould Appointed Comptroller: Prospects for Cryptocurrency

chest

The confirmation of Jonathan Gould as Comptroller of Currency may lead to changes in cryptocurrency regulation.

user avatarGiorgi Kostiuk

Bitcoin Climbs to $113,800 Due to Accumulation Addresses

chest

Bitcoin reached $113,800, fueled by a 71% increase in accumulation addresses, confirming strong investment activity.

user avatarGiorgi Kostiuk

Alchemy Pay's License Acquisition: A Step Toward Legitimacy in the Crypto Industry

chest

Alchemy Pay has announced its acquisition of a Money Transmitter License in South Carolina, strengthening its position in the crypto industry and expanding fiat-crypto services.

user avatarGiorgi Kostiuk

Bitcoin Reaches New All-Time High: What Does It Mean for the Market?

chest

Bitcoin has recorded a new high at $113,804, driven by increasing institutional interest and external economic factors.

user avatarGiorgi Kostiuk

Cryptocurrency Market: XRP on the Agenda According to Oscar Ramos

chest

Analyst Oscar Ramos urges an immediate focus on XRP amidst positive market conditions and the launch of new ETFs.

user avatarGiorgi Kostiuk

Ethereum Rises by 4.5%: Crypto Market Updates

chest

Cryptocurrency prices are on the rise, with Ethereum increasing by 4.5% despite potential fluctuations.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.