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

Circle of Games – The multi-gaming platform raised funding from Nazara

Circle of Games (COG)—Web3's multi-gaming platform has raised a $1mn round from Nazara, with participation…

4 days ago

Unconference Bali 2024: Pioneering the Future of Web3 in Paradise

Unconference Bali 2024, Asia’s premier Web3 event, is poised to take center stage against the…

6 days ago

Tradeleaf Ignites Trade Finance Revolution with $TLF Listing on MEXC

Tradeleaf, a leading FinTech company empowering global trade through digital solutions, recently celebrated a significant…

6 days ago

Foundership Global Accelerator Teams Up with XDC Network to Propel Web3 Startup Innovation

Foundership Global Accelerator, a prominent force in the Web3 & Emerging-Tech Community boasting over 10,000…

2 weeks ago

Condo, the world’s first meme token based on Real-World Asset (RWA), launches on Base Chain with innovative treasury investment strategy

April 16, 2024 - Condo, the world's first real-world asset (RWA) meme token, was recently…

2 weeks ago

Partisia Blockchain Debuts $100 Million in $MPC Grants to Enhance Blockchain Technology and Token Utilization

The Partisia Blockchain Foundation, at the forefront of crafting privacy-enhancing and interoperable blockchain platforms, today…

3 weeks ago