TLDR
- Trump Media to launch Truth Predict platform for political and economic events
- The platform will feature betting on elections, inflation and commodities
- U.S. testing phase followed by global expansion plans
- Truth Predict powered by Crypto.com’s North America Derivatives platform
- Likely platform to assist with market analysis and strategy optimization
Trump Media & Technology Group (TMTG) will soon launch a prediction market platform called Truth Predict. The platform will enable users to bet on the outcomes of events, including political elections and economic trends such as inflation. TMTG has partnered with Crypto.com’s North America Derivatives platform to provide a regulated trading environment for users.
Trump Media’s Truth Predict Expands to Commodities
Truth Predict will initially cover political elections and economic events, such as inflation. Users can purchase “shares” tied to specific outcomes, with payouts based on actual results. The platform will allow people to speculate on the outcome of various events and potentially profit from their predictions.
Trump Media is building on its existing audience through Truth Social, aiming to attract a large user base. TMTG plans to expand the platform beyond political and economic events to include commodities like oil and gold. The company also intends to add major sports leagues, such as the NFL and NBA, in the future.
Testing Period in the U.S. Before Global Expansion
The platform will first launch in the U.S. after a testing period. TMTG plans to expand Truth Predict globally once the system is fully operational. This initial launch will focus on the U.S. market before targeting international users.
The U.S. testing phase will help refine the platform’s functionality and ensure compliance with regulatory standards. Afterward, Truth Predict will look to enter international markets, aiming to capture a global audience. TMTG expects Truth Predict to become a key player in the growing prediction market sector.
TMTG’s prediction market will be supported by Likely, a platform designed for market analysis. Likely’s intelligent agent will help users understand trends and potential outcomes. The platform will also offer real-time insights into market volatility, helping users make informed decisions.