Trump's social platform Truth Social launches utility tokens for loyalty reward programs

ChainCatcher news, according to Decrypt, the social media platform Truth Social, founded by U.S. President Trump, announced the launch of a utility token as part of its new loyalty rewards program, which is associated with its "Patriot Package" subscription service.

According to the announcement, "Patriot Package" subscribers will accumulate "gems" in their Truth Social accounts based on their level of interaction on the platform, which will eventually be linked to utility tokens on the Truth Social and Truth+ platforms. The subscription service is currently in public beta, with a monthly fee of $9.99, offering 12 "premium, non-woke news channels," expanded video on-demand content, and platform verification badges, among other services.