#TruthSocial Teases Utility #Token Launch Through Patriot Package Streaming Service
#TrumpMedia's Truth Social has announced plans for a #UtilityToken tied to a new $9.99 monthly "Patriot Package" subscription service.
Subscribers will accumulate gems on Truth Social accounts based on engagement levels with the platforms.
The gems will eventually connect to a utility token across both Truth Social and Truth+ streaming services.
Truth Media previously explored utility token possibilities in the April shareholder letter for Truth digital wallet payments.
The company submitted a registration statement to the SEC for a "Crypto Blue Chip" ETF consisting of
$BTC,
$ETH,
$SOL,
$XRP, and
$CRO.
Truth Social also applied for a spot
$BTC ETF and a Bitcoin-Ether combo #ETF last month, expanding its crypto presence.
The Patriot Package offers content from "non-woke" news networks during the current beta testing phase.
Initial token utility focuses on Truth+ subscription costs with later expansion to other Truth ecosystem products and services.