Truth Social, a social media platform founded by former U.S. President Donald Trump, is set to introduce a utility token called the Patriot Package, offering enhanced features like ultra-fast streaming and premium content.
The utility token will be part of a loyalty-based rewards program, exclusive to Patriot Package subscribers, encouraging active engagement with Truth Social and its streaming partner, Truth+.
The parent company of Truth Social, Trump Media & Technology Group (TMTG), is expanding its crypto strategy with plans for a utility token and a crypto ETF featuring assets like Bitcoin, Ethereum, Solana, XRP, and more.
Despite prior speculation about a meme coin, Truth Social has denied such claims, focusing instead on the development of the utility token for its platform and the broader digital ecosystem.