“As part of a rewards program, we’re exploring the introduction of a utility token within a Truth digital wallet that can initially be used to pay for Truth+ subscription costs, and later be applied to other products and services in the Truth ecosphere,” he said.
While Nunes didn’t specify whether the “utility token” was a cryptocurrency or if the “digital wallet” was blockchain-based, the terms are common in the crypto industry. Utility tokens are cryptocurrencies that developers intend for use beyond just speculation, while digital wallets are used to hold and exchange tokens.
Trump Media didn’t immediately respond to a request for comment asking for more detail about its plans for Truth+.
