Reality Social, the social media firm based by US President Donald Trump, continues its cryptocurrency strikes.
At this level, Reality Social has lastly signaled that it’ll launch a utility token tied to its premium subscription service, Patriot Package deal.
In keeping with Decrypt, Reality Social TV has introduced plans to launch a token that can reward customers as a part of its streaming subscription package deal.
Within the close to future, Patriot Pack subscribers will accumulate gems of their Reality Social accounts based mostly on their degree of engagement with the platforms. These will ultimately be tied to a utility token throughout each Reality Social and Reality+.
The corporate had beforehand acknowledged in April that it was contemplating issuing a utility token.
This is not the primary time Reality Social has introduced its plans for cryptocurrencies, because it’s taking main steps to broaden its presence within the cryptocurrency area.
At this level, the corporate final month filed for a spot Bitcoin ETF and a Bitcoin and Ethereum combo ETF.
Earlier this week, the corporate filed with the SEC for a “Crypto Blue Chip” ETF that will encompass BTC, ETH, Solana (SOL), XRP, and CRO.
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