- 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.
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.
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.
