Truth Social, Donald Trump's social media platform, is set to launch a utility token as part of the new loyalty program. Below are the details of this plan:
• Loyalty program: Truth Social will launch the "Patriot Package" subscription for $9.99/month. Users who subscribe to this package will receive benefits such as:
• Access to 12 premium news channels not following the "woke" trend
• Expanded Video on Demand (VOD) content
• Red verification badge on the platform
• Special Truth+ badge
• Utility token: Users will accumulate "gems" when interacting on the platform. These gems will be redeemable or tied to a utility token that can be used on both Truth Social and the expanded Truth+ platform.
• Purpose: Truth Social aims to enhance user experience and retain them through the loyalty program and utility token.
• Note: The free subscription package still offers 27 news channels, more than the number of channels for paid users. This raises questions about the actual appeal of the Patriot Package.