Key Takeaways:
Users of Truth Social who are testing the Patriot Package subscription will be able to accumulate “gems,” which may be connected to a utility token. However, the company has yet to clarify if the token will operate on a public blockchain infrastructure. Additionally, Trump Media has submitted a filing for a “Blue Chip Crypto ETF” that includes BTC, ETH, SOL, XRP, and CRO.
On July 10, Truth Social revealed a new feature that could provide token-linked incentives. According to an announcement from the platform’s official account, users taking part in the beta version of Truth+, a subscription-based video service under the Patriot Package, will start earning “gems” depending on their engagement levels.
Gems for Truth Social and Truth+
The announcement indicates that these digital rewards may eventually be associated with a utility token that would be utilized across both Truth Social and the streaming service. The post noted, “These will eventually be tied to a utility token on both Truth Social and Truth+.”
The trial version of the Patriot Package offers additional benefits, including a red verification badge, enhanced comment visibility, and increased access to streaming content. Furthermore, the platform is gathering user input through a poll on the visual design of this new rewards system.
Details concerning the utility token’s issuance and functionalities remain undisclosed, including whether it would be built on public blockchain infrastructure. This announcement marks the first public hint of potential token integration from Trump Media & Technology Group.
Following a recent public listing, Truth Social is now traded under the ticker $DJT. However, no timeline has been provided for the complete launch of the gem and token system.
HAPPY 4TH OF JULY!
pic.twitter.com/54aoHX14mj
— Donald J. Trump (@realDonaldTrump) July 5, 2025
Trump Media Files for Crypto ETF
On July 8, Trump Media & Technology Group, the parent organization of Truth Social, filed an S-1 registration statement with the U.S. Securities and Exchange Commission to create a “Blue Chip Crypto ETF.”
The proposed fund aims to feature a diverse portfolio consisting of Bitcoin, Ethereum, Solana, XRP, and Cronos, with allocations set at 70% for BTC, 15% for ETH, 8% for SOL, 5% for CRO, and 2% for XRP.
According to the filing, the ETF will function as a passive fund without leverage or derivatives, and it will offer staking for selected assets. Yorkville America Digital will sponsor the fund, while Foris DAX Trust Company has been designated as the custodian. Crypto.com is set to serve as the exclusive Bitcoin custodian and liquidity provider. Once approved, the ETF is slated for listing on NYSE Arca, although a ticker symbol has yet to be revealed.
While some platforms have begun exploring token rewards in the context of audience participation or creator incentives, the regulatory framework surrounding these digital assets remains inconsistent.
If executed as planned, Truth Social’s token system has the potential to replicate previous attempts by social media platforms to establish internal economies based on user actions.
Frequently Asked Questions (FAQs)
Will the utility token be tradeable? The company has not confirmed whether the token will be transferable or available on public exchanges.
What is the Patriot Package? It is a subscription service providing streaming content, red verification, and enhanced comment features for beta testers.
What does the new ETF include? The proposed ETF encompasses five cryptocurrencies: Bitcoin, Ethereum, Solana, XRP, and Cronos, mainly focusing on BTC.
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