Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Trump’s Truth Social to Launch Utility Token, Rewarding Users with Gems

Trump’s Truth Social to Launch Utility Token, Rewarding Users with Gems

CryptotaleCryptotale2025/07/10 04:05
By:Yusuf Islam
Trump’s Truth Social to Launch Utility Token, Rewarding Users with Gems image 0
  • Truth Social will offer gems to users who stay active on its Patriot subscription plan.
  • These gems can be converted into tokens that users can utilize on Truth Social and Truth Plus.
  • Trump Media is pushing further into crypto through token wallets and blue-chip ETFs.

Truth Social, the media platform launched by U.S. President Donald Trump, has announced that it will introduce a utility token linked to user engagement. Decrypt reports that the move targets Patriot Package subscribers, who will collect “gems” based on activity, later converting them into digital tokens usable within the Truth Social and Truth+ platforms.

Trump’s Truth Social to Launch Utility Token, Rewarding Users with Gems image 1 BREAKING: Truth Social is testing a TV platform featuring premium content + gem rewards! Trump’s Truth Social to Launch Utility Token, Rewarding Users with Gems image 2Trump’s Truth Social to Launch Utility Token, Rewarding Users with Gems image 3
Users can earn gems through engagement — and those gems will be tied to a utility token. Trump’s Truth Social to Launch Utility Token, Rewarding Users with Gems image 4#Crypto pic.twitter.com/xKVuW6EHte

— Pushpendra Singh Digital (@PushpendraTech) July 10, 2025

Patriot Package Adds a Token-Based Reward Layer

Currently in public beta, the Patriot Package costs $9.99 per month and offers access to 12 premium news channels, featuring a red verification checkmark and a Truth+ badge. Users on this tier will start earning “gems,” which will later be converted into blockchain-based utility tokens designed for use across Truth Social’s digital platforms.

Trump’s Truth Social to Launch Utility Token, Rewarding Users with Gems image 5 Source: player.truthsocial.tv 

The company confirmed that gem accumulation will depend on subscriber engagement levels, signaling an incentivized social media experience. Truth Social’s parent company, Trump Media & Technology Group (TMTG), indicated the tokens would tie directly into the existing Truth+ ecosystem.

Interestingly, while the Patriot Package is paid, a free-tier account grants access to 27 channels, 15 more than the premium version, including Euronews and a Spanish-language station, raising questions about the value proposition of the paid tier.

TMTG previously suggested plans for a utility token tied to a digital wallet system, which would facilitate payments for Truth+ subscriptions and other internal services. These plans aim to deepen the platform’s presence in the crypto ecosystem while distancing it from meme-coin hype.

Growing Crypto Footprint in Trump-Linked Ventures

The platform’s crypto ambitions extend beyond tokens. TMTG filed a registration statement with the U.S. Securities and Exchange Commission for a new exchange-traded fund (ETF) named “Truth Social Crypto Blue Chip ETF.” This proposed ETF would include assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cronos (CRO), signaling an institutional foray into digital asset markets.

Further aligning with this digital expansion, Donald Trump Jr. acquired 350,000 shares in Thumzup Media, valued at $4 million, to support the company’s growing crypto strategy. Additionally, the Trump family’s involvement with other cryptocurrency ventures, such as World Liberty Financial and American Bitcoin, highlights its broader digital financial interests. The president and his wife, Melania, have promoted multiple NFT collections and meme tokens in recent years, which have drawn significant scrutiny.

In May, Trump held a private dinner for TRUMP token holders, sparking backlash from ethics groups. Critics labeled it a self-enrichment scheme with no precedent in U.S. presidential history, intensifying oversight calls from government watchdogs.  

Regulatory Scrutiny Deepens as Political Pressure Builds

The growing overlap between crypto finance and politics has sparked bipartisan concern. Democratic Senator Elizabeth Warren has come out strongly to request that Congress tighten a law that prevents current presidents and their families from profiting from cryptocurrency activities. Regulatory action has been slow, despite an increasing number of discussions highlighting the need for reform.

Related: Trump Family Earns $620 Million from Crypto Projects 

Worries have been raised even in the Republican fold. In one of the latest hearings of the Senate Banking Committee, Senator John Kennedy of Louisiana questioned why crypto companies appeared to influence the design of regulatory frameworks. During an interview with a panel that included the CEO of Ripple, Brad Garlinghouse, Kennedy questioned the impact that the industry had on pressuring politicians to accept weaker regulatory measures.

Meanwhile, Truth Social’s plans for a utility token add fuel to the debate, entrenching digital assets deeper into the Trump-led media space. As TMTG begins to expand into both social media and crypto markets, doubts emerge about whether such activities represent innovation or contradiction.

The post Trump’s Truth Social to Launch Utility Token, Rewarding Users with Gems appeared first on Cryptotale.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Hashrate orders are booming, why is "AI trading" falling out of favor? JPMorgan reveals the time lag between AI investment and productivity realization

Joseph Lupton from the JP Morgan Global Economic Research Team pointed out in a research report on November 10 that recent improvements in labor productivity have been driven more by capital deepening and increased intensity of factor utilization. The broad efficiency gains from AI, resulting from process reconstruction, data integration, and organizational adjustments, will still take time to materialize. This means orders for chips, servers, and electrical equipment may grow first, but continuous investment returns for computing power operators and end users may not arrive at the same pace.

智通财经•2026/11/11 05:47

AI investment enters the "Trough of Disillusionment", the next 18 months will be a life-or-death test!

Goldman Sachs believes that the AI investment cycle is currently in the "trough of disillusionment," but this is not the first time. The core contradiction lies in the fact that the business models of new cloud computing providers are highly dependent on end-user returns from AI spending, while currently "there are basically zero companies that can attribute profits to AI." Social Capital founder Palihapitiya has clearly defined an 18-month key window, during which the market will decide which AI business models are sustainable and which are not.

华尔街见闻•2026/11/11 05:11
AI investment enters the "Trough of Disillusionment", the next 18 months will be a life-or-death test!

Anthropic's Core Concern: Revenue Can Be Withdrawn at Any Time, but Computing Power Costs Are Locked in for up to 20 Years

Zheshang Securities believes that Anthropic's revenue is mainly based on usage-based billing, with remaining performance obligations covering only about 5.1 months of annualized revenue, while compute power costs are already locked in with $895.4 billion in irrevocable commitments, some extending as far as 2045. Revenues can be reduced at any time, but costs are non-exitable, creating a highly asymmetric maturity gap between the two—this is the company's real core constraint.

华尔街见闻•2026/11/11 04:46
Anthropic's Core Concern: Revenue Can Be Withdrawn at Any Time, but Computing Power Costs Are Locked in for up to 20 Years

Triple Pressure from the Federal Reserve, Treasury, and Congress; Goldman Sachs: Liquidity Crisis May Occur in 2027

Goldman Sachs warns that the reserve ratio of bank assets has dropped to around 11%, only slightly above the crisis trough of 2019. In the second half of 2027, a deadlock in debt ceiling negotiations will force the Treasury to rebuild the TGA, triggering a "perfect storm" of a sharp drop in reserves and a surge in T-bill supply; combined with stalled money market fund buying, this will create a huge liquidity black hole. The Federal Reserve could be forced into the awkward position of lowering interest rates and launching large-scale bond purchases to rescue the market.

华尔街见闻•2026/11/11 04:12
Triple Pressure from the Federal Reserve, Treasury, and Congress; Goldman Sachs: Liquidity Crisis May Occur in 2027