TRUTH SOCIAL TO LAUNCH UTILITY TOKEN FOR ENGAGEMENT AND STREAMING Trump’s Truth Social platform is exploring a utility token aimed at rewarding user activity and powering streaming subscriptions. The move suggests a pivot toward Web3 monetization and deeper user incentivization https://t.co/GhPG5n1Z9M https://t.co/CTLTRTctKg
Truth Social, the social media arm of Trump Media & Technology Group, has teased a "utility token" it plans to reward users as part of a TV streaming subscription package. Trump Media has begun beta testing its new "Truth+" subscription, called the "Patriot Package,". The plan, https://t.co/7JXYySakeb
JUST IN: TRUMP'S TRUTH SOCIAL TEASES 'UTILITY TOKEN' TIED TO USER ENGAGEMENT AND STREAMING SUBSCRIPTIONS. Source: @TheBlock__ https://t.co/nHQ8opGpIv https://t.co/KkvHkVleOe
Truth Social, the social media network owned by Trump Media & Technology Group, is developing a so-called utility token that would be issued to users as a reward for engagement on the platform and could be redeemed for a forthcoming television-streaming bundle. The company has begun beta-testing a subscription service branded “Truth+,” also referred to as the “Patriot Package,” which will offer premium video content. Credits, described in some test materials as “gems,” would convert into the utility token and be applied toward the streaming subscription, according to people familiar with the plan. While key launch dates and token economics have not been disclosed, the move would place Truth Social among a small group of U.S. social-media companies experimenting with Web3 incentives to deepen user involvement and diversify revenue beyond advertising.