Trump Media is preparing to make a big move in the crypto world!
Trump Media & Technology Group is signing a brand new digital transformation by integrating a video platform called Truth+ with #blockchain technology.
The company is preparing to launch its own digital wallet and a utility token specific to the Truth ecosystem. This token will initially be used for subscription payments and will be integrated into the company's other services in the future.
🔸 Goal? To increase user engagement and create new revenue models.
But the event is not limited to payments. The token will also be integrated into a system that rewards interactions such as liking, sharing, commenting on content, and even participating in platform decisions.
In other words, the model “the more active you are, the more you earn” is coming.
Moreover, this system will not be limited to the US; it is being designed as an international digital payment infrastructure.
Trump Media had previously announced that it allocated $250 million for crypto under the roof of https://t.co/9V3UUBe5pw. Additionally, crypto ETFs and special investment accounts (SMA) are also on the way. Among the companies collaborating are giants like https://t.co/uAQpv7ziyL and Yorkville America Digital. Trademark applications have even been made; the goal is to establish a fully integrated Web3 eco-platform.
And yes, the Trump family is serious about crypto.
In the $1 billion “Trump Tower” project in #Dubai, crypto payments including #Bitcoin are accepted. In fact, the $TRUMP token has been launched, and Trump will host a special dinner with his top 220 investors on May 22. This token, bearing his name, has a “#memecoin” vibe but is on the radar of serious investors.
Of course, such an active crypto move brings political discussions along with it. Especially his renewed active engagement in crypto projects while in office has increased criticisms of “conflict of interest.” However, the Trump administration continues to gradually build a crypto-centered digital economy vision.
📌This content does not constitute investment advice. Also, I am writing because brands are visible; it is not a collaboration.