The President of the United States, Donald Trump, through his company Trump Media and Technology Group (TMTG), aims to launch a new community-focused prediction market via his social media platform, Truth Social. Currently, a comparable example of such a system is PolyMarket.
While this system serves several purposes, its main goal is to allow users to make predictions and trade based on future events in areas like politics, economics, and sports. Essentially, it brings together the world of social media and crypto-based prediction markets — enabling the community to engage directly with the crypto ecosystem.
Ever since rumors about the system’s development began circulating, one major question was how it would be implemented — and now that has been revealed. The project will be launched in collaboration with Crypto.com.
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How Will Truth Predict Work?
Truth Predict will operate as a prediction market through CDNA, the U.S.-regulated subsidiary of Crypto.com. The main goal here is to ensure legal compliance and gain users’ trust. Similar to other crypto projects, the process will start with tester users to measure sustainability before being opened to all U.S. users.
Trump Media is making a strategic move — by taking this step, the company aims to strengthen the CRO token ecosystem and integrate its platform more deeply into the crypto world. At the same time, it’s looking to expand its traditional social media revenue model. However, experts warn that uncertainties still remain in the crypto market due to ongoing regulatory and liquidity risks. If Trump succeeds with Truth Predict, it could mark the beginning of a new era for the crypto industry.
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