Wallet

The latest entry to the cryptocurrency world – Playboy

Playboy enterprises , one of the most popular adult media and lifestyle company founded by the late Hugh Hefner is getting into the cryptocurrency movement.

According to reports , the company is developing an online payment wallet that will support a number of cryptocurrencies that can be used within Playboy’s network of sites including Playboy TV. The wallet will start off accepting a new cryptocurrency called Vice Industry Token (VIT) Read the whitepaper HERE.

For more information, please visit https://vicetoken.com/

 

“As the popularity of alternative payment methods continues to grow around the world, along with the reach of Playboy’s digital platforms, we felt it was important to give our 100 million monthly consumers increased payment flexibility,” said Reena Patel, Chief Commercial Officer and Head of Operations for Playboy Enterprises, Inc.  “This innovation gives the millions of people who enjoy our content, as well as those in the future who participate in our casual gaming, AR and VR platforms, more choices with regard to payment and in the case of VIT, an opportunity to be rewarded for engaging with Playboy offerings.”

This technology could potentially disrupt the entertainment industry and will change the way consumers are interacting with online content. We will see a lot more of such companies with content releasing their own cryptocurrencies (especially adult entertainment industry) to use in their native platform and also might support other cryptocurrencies.

 

Related articles:

Playboy To Roll Out Its Own Cryptocurrency Wallet

Playboy’s Entry Into Cryptocurrency Can Disrupt Several Major Industries

Playboy will soon accept cryptocurrencies including bitcoin, ethereum, and a little-known coin that could change how porn is paid for online

 


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Shrikar Parashar

Shrikar is a Blockchain evangelist. He is a die-hard fan of security tokens. He follows the market closely but does not trade. He believes in Hodling.

Share
Published by
Shrikar Parashar
Tags: playboyvit

Recent Posts

Validium Network: Driving the next stage of web payments with x402

In the rapidly evolving landscape of web-native payments it has become clear that new infrastructures…

5 days ago

Alibaba and JPMorgan to Revolutionize B2B Commerce with Tokenized Dollar and Euro Payments

A New Era for Global Trade: Alibaba Taps JPMorgan's Blockchain Global commerce has long been…

2 weeks ago

Vitalik Buterin’s Warning: Why Your Favorite Web3 App Isn’t Real Crypto

The Promise of Web3 Meets a Centralized Reality Web3 was built on a revolutionary promise:…

2 weeks ago

Bitcoin Dips Below $95K: Is the Bull Market Over or a Brief Reset?

Bitcoin's Sudden Plunge Shakes the Crypto Market The cryptocurrency market is awash in red after…

2 weeks ago

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

1 year ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

1 year ago