Former U.S. President Trump has announced plans to launch new social media platform called “TRUTH Social.” The website, which states on its homepage, “TRUTH Social is America’s ‘Big Tent’ social media platform that encourages an open, free, and honest global conversation without discriminating against political ideology,” currently allows for those interested to join a waiting list for future announcements.
The press release, verbatim:
Trump Media & Technology Group and Digital World Acquisition Corp. (NASDAQ: DWAC) have entered into a definitive merger agreement, providing for a business combination that will result in Trump Media & Technology Group becoming a publicly listed company, subject to regulatory and stockholder approval. The transaction values Trump Media & Technology Group at an initial enterprise value of $875 Million, with a potential additional earnout of $825 Million in additional shares (at the valuation they are granted) for a cumulative valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination. Trump Media & Technology Group’s growth plans initially will be funded by DWAC’s cash in trust of $293 Million (assuming no redemptions).
Trump Media & Technology Group’s mission is to create a rival to the liberal media consortium and fight back against the “Big Tech” companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America.
Trump Media & Technology Group (“MTG’) will soon be launching a social network, named “TRUTH Social.” TRUTH Social is now available for Pre-Order in the Apple App store. TRUTH Social plans to begin its Beta Launch for invited guests in November 2021. A nationwide rollout is expected in the first quarter of 2022. Those who are interested in joining TRUTH Social may now visit www.truthsocial.com to sign up for the invite list.
President Donald J. Trump, the Chairman of MTG, stated, “I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech. We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced. This is unacceptable. I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give a voice to all. I’m excited to soon begin sharing my thoughts on TRUTH Social and to fight back against Big Tech. Everyone asks me why doesn’t someone stand up to Big Tech? Well, we will be soon!”
MacDailyNews Note: Apple’s App Store currently hosts a preorder page for the TRUTH Social app which states, verbatim:
TRUTH Social is America’s “Big Tent” social media platform that encourages an open, free, and honest global conversation without discriminating against political ideology
Follow the TRUTH!
What exactly is TRUTH Social’s “Big Tent” approach?
Big Tent is a new way to describe “inclusivity” in America. Think of a giant outdoor event tent at your best friend’s wedding. Who’s there? The combination of multiple families from all over the United States, and the world. Uncle Jim from Atlanta is a proud libertarian. Aunt Kellie from Texas is a staunch conservative. Your cousin John from California is a die-hard liberal. And guess what? They’re all together to have an amazing time and share their viewpoints of the world. Although we don’t always agree with each other, we welcome these varied opinions and welcome the conversation.
Let your voice be heard. Sign up, join the conversation, and share your unique opinion by posting a TRUTH, Re-TRUTH, photo, news story, or video link to communicate with your friends, customers, and the world. Stay informed about breaking news while staying directly connected with the people who influence you – don’t be shocked if they take your TRUTH viral!
• Profile – Express your unique personality by setting up a profile, avatar, and background. Begin to track your personal connections through follower and following counts as well as history for your posts and likes.
• TRUTH Feed – Get the scoop on the latest thoughts and activities from the people, organizations, and news outlets that interest you. The TRUTH Feed contains posts from all those you follow brought to life with the help of thumbnail photos, links, and more.
• Search – TRUTH Social really starts to become interesting as you connect with others. Search for a voice that you find interesting and easily follow them right from the search list or view their profile first before deciding.
• Notifications – Stay engaged as you build a following. See who’s following you and who’s interacting with your TRUTH’s.
TRUTH Social is America’s “Big Tent” social media platform that encourages an open, free, and honest global conversation without discriminating against political ideology.
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