As is known, D. Trump founded “Truth Social” in 2022, when he was banned from using the then social network “Twitter,” which was later renamed “X.” Now, D. Trump uses his social network as the main platform for important announcements.
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“Trump Media & Technology Group” announced last month that clients can pay for early access to presidential posts that have a significant impact on the market on the social network and called this service “Truth API.”
“Our new product ‘Truth API’ is already generating revenue. So far, more than ten contracts have been signed with clients,” said the company’s interim CEO Kevin McGurn in a press release, but he did not specify who those clients are.
The company claims that “Truth API” had “several institutional clients” even before the product launch on August 1, and despite “factually inaccurate criticism,” it continues to attract more and more clients.
D. Trump’s decision to charge for faster access to his posts has raised new questions about the commercialization of presidential duties.
The news portal “Axios” reports that the monthly subscription prices for “Truth API” range from 60,000 to 100,000 US dollars.