Trump Media Plans Potential Launch of Truth Predict

According to Bloomberg, the platform will cover topics such as political elections and economic trends like inflation. It will eventually expand to include commodities and major sports leagues.

Trades on the platform will be executed through Cryptocom’s North America Derivatives platform, providing a regulated and secure environment for users. The U.S. launch will follow a testing period, with plans to expand globally once the system is fully operational.

How Truth Predict Works

Prediction markets let users speculate on the outcome of future events. Participants can buy and sell “shares” tied to specific outcomes, with payouts determined by the actual results. For example, a user could bet on whether a political candidate will win an election. If the prediction is correct, the user earns a payout; if not, the stake is lost. This model allows the market to aggregate information from multiple participants, often producing forecasts that are surprisingly accurate.

Platforms like PredictIt in the U.S. and Polymarket in the crypto space have demonstrated that prediction markets can provide insights into elections, economic events, and other societal trends. Truth Predict enters this growing sector with a large built-in audience through Truth Social, potentially giving it a significant user base from day one.

TMTG plans to broaden Truth Predict beyond political and economic events. Upcoming markets may include commodities like oil and gold, as well as major sports leagues such as the NFL and NBA. This expansion reflects a broader trend in financial and blockchain-based products, where gamified speculation and data-driven forecasting attract both casual users and serious investors.

More About Prediction Platforms

@dkposts, a Kalshi builder, is introducing Likely, an all-in-one research platform designed to simplify prediction market analysis. Likely features an intelligent agent that can research and explain any market, helping users understand trends and potential outcomes.

The platform also includes a high-activity news scanner that highlights and explains market volatility in real time, giving traders actionable insights. Additionally, Likely offers an arbitrage finder to identify opportunities between different prediction markets, enabling users to optimize their strategies and potentially increase returns.