Truth Social is launching Truth Predict, a prediction market platform in partnership with Crypto.com, to enable users to bet on events and democratize information for its 6.3 million audience. This move integrates social media with blockchain-based forecasting, starting with beta testing soon.
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Partnership with Crypto.com: Truth Social collaborates with the major US crypto exchange to build the platform.
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Prediction markets allow crowdsourced insights on topics like politics and finance through secure bets.
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Global market growth: The industry, led by players like Kalshi and Polymarket, is expanding rapidly as of 2025.
Discover how Truth Social’s new prediction market with Crypto.com revolutionizes social media. Learn about Truth Predict’s beta launch, user benefits, and US rollout. Stay informed on crypto news today!
What is Truth Predict on Truth Social?
Truth Predict is an innovative prediction market platform developed by Trump Media and Technology Group for its Truth Social app in collaboration with Crypto.com. It empowers users to participate in event-based betting and forecasting, leveraging the wisdom of the crowd to turn discussions into actionable predictions. This feature aims to democratize access to information traditionally controlled by elites, as stated by company executives.
How Will Truth Predict Integrate with Truth Social?
The integration of Truth Predict into Truth Social will allow its 6.3 million users to engage in prediction markets directly within the app, fostering a blend of social interaction and financial insight. Beta testing is set to begin in the near future, with a full US launch to follow, according to announcements from Trump Media and Technology Group. This development comes at a time when prediction markets are gaining traction globally, with the sector experiencing significant growth. For instance, established platforms like Kalshi have raised substantial funding—$300 million—to expand into 140 countries, highlighting the market’s potential. Expert analysis from financial commentators underscores that such platforms use blockchain technology for transparent, tamper-proof outcomes, ensuring trust among participants. Devin Nunes, CEO of Trump Media, emphasized in the official statement, “We’re empowering everyday Americans to harness the wisdom of the crowd.” This structured approach, with short-term bets on verifiable events, positions Truth Social to compete in the evolving digital economy.
Full US Launch Expected Soon
Trump Media and Technology Group announced that Truth Social’s prediction market integration, branded as Truth Predict, will start with beta testing live on the platform in the near future. The company anticipates a complete rollout across the United States shortly after, targeting its existing user base to drive adoption.
Source: Crypto.com
While Truth Predict focuses on the US market, competitors face regulatory hurdles there. Kalshi recently filed a lawsuit against the New York State Gaming Commission over a cease and desist order related to sports betting activities. Polymarket, another key player, is working to resume US operations after exiting in 2022 due to a settlement with the Commodity Futures Trading Commission for unregistered derivatives trading. Investigations by the CFTC and US Department of Justice have since been dropped, reflecting a more favorable regulatory environment under the current administration. Donald Trump Jr., executive vice president of the Trump Organization, joined Polymarket’s advisory board in August, signaling deeper ties between prediction markets and prominent figures. These developments illustrate the dynamic landscape Truth Predict enters, where innovation meets evolving oversight to promote secure, user-driven forecasting.
Frequently Asked Questions
What is the Truth Social prediction market partnership with Crypto.com?
The partnership between Truth Social and Crypto.com launches Truth Predict, a platform for prediction markets integrated into the social app. It enables 6.3 million users to bet on real-world events using blockchain for transparency, aiming to democratize information access as per official statements from Trump Media executives.
Is Truth Predict available for Truth Social users right now?
Truth Predict will begin with beta testing on Truth Social in the coming weeks, allowing select users to test the feature. A full launch in the US is planned soon after, making prediction markets accessible to all verified app users through a seamless interface.
Key Takeaways
- Democratizing Predictions: Truth Predict empowers everyday users with crowd-sourced insights, reducing elite control over information markets.
- Strategic Partnership: Collaboration with Crypto.com brings secure blockchain tech to social media, enhancing trust and functionality.
- Market Momentum: Join the growing prediction industry by exploring beta opportunities on Truth Social for informed decision-making.
Conclusion
Truth Social’s introduction of the prediction market via Truth Predict, in partnership with Crypto.com, marks a significant step in blending social media with blockchain forecasting for its 6.3 million users. As the platform prepares for beta testing and a full US launch, it aligns with broader trends in the expanding prediction markets sector, influenced by regulatory shifts and industry leaders like Kalshi and Polymarket. This initiative not only enhances user engagement but also positions Truth Social as a forward-thinking player in crypto-integrated media. Stay tuned for updates as Truth Predict rolls out, offering new ways to turn free speech into valuable foresight.
