Trump’s Truth Social Launches Crypto Prediction Platform “Truth Predict”
Donald Trump’s media platform, Truth Social, has announced the launch of a crypto-powered betting service called Truth Predict — a direct competitor to the popular prediction market Polymarket.
From social network to crypto betting hub
Truth Predict will allow users to wager on a wide range of real-world events, including sports outcomes, political elections, and economic trends. The service is being rolled out as part of Truth Social’s broader strategy to expand beyond social media and into the fast-growing decentralized finance ecosystem.
According to early details, Truth Predict will operate in partnership with **Crypto.com**, integrating its wallet infrastructure and settlement layer to handle on-chain transactions securely.
Polymarket’s new challenger
The launch positions Truth Predict as a serious competitor to **Polymarket**, currently one of the largest decentralized prediction markets built on blockchain technology. Like its rival, Truth Predict will let users place bets on “yes” or “no” outcomes for future events — but with a more accessible, consumer-friendly interface tied to the Truth Social brand.
Market observers say this could bring crypto-based forecasting to a much broader audience, particularly among Truth Social’s politically engaged user base.
Political stakes and controversy
Critics have raised concerns about potential conflicts of interest, given that Truth Social is majority-owned by former U.S. President Donald Trump. Allowing bets on political outcomes could — in theory — create ethical questions about influence or bias in event framing and moderation.
However, representatives of Truth Social have emphasized that Truth Predict will operate independently, with clear transparency standards and on-chain auditability for all market results.
A fusion of politics, crypto, and entertainment
The launch underscores a broader trend of merging entertainment, politics, and decentralized finance. By leveraging prediction markets, Truth Social aims to transform passive audience engagement into active participation — a concept already thriving in crypto communities.
Whether the platform succeeds in dethroning Polymarket remains to be seen. But one thing is clear: the political internet just got a new crypto-powered arena.
Editorial Team — CoinBotLab