Trump's Truth Social to Launch Utility Token, and Heavily Promote Its Subscription Service

July 10th, according to Decrypt's report, the social media platform Truth Social, founded by former U.S. President Trump, recently revealed that the platform will introduce a utility token as part of its new loyalty rewards program, tied to its "Patriot Package" subscription plan.

The statement said: "In the near future, Patriot Package subscribers will accumulate gems in their Truth Social accounts based on their level of interaction on the platform. These gems will eventually be linked to a utility token on the Truth Social and Truth+ platforms." The Patriot Package, currently in public testing, has a monthly fee of $9.99 and provides the following benefits:

· Access to 12 "premium, non-woke" news channels;

· More on-demand video content;

· A red checkmark verification badge on Truth Social;

· Exclusive badge on Truth+.

On the other hand, the platform's free version offers 27 channels—15 more than the paid version, including Euronews and a Spanish-language channel.