íŕçâŕíčĺ

Playboy Plans to Integrate Multi-Cryptocurrency Wallet


On March 14, the adult industry leader Playboy Enterprises announced the integration of cryptocurrency payments starting with its Playboy TV web portal. According to the announcement, customers will be able to access adult content, exclusives, and augmented reality (AR) and virtual reality (VR) initiatives in the future.


Increased Payment Flexibility

Playboy Plans to Integrate Multi-Cryptocurrency WalletPlayboy is an adult lifestyle and entertainment company that was founded in 1953 by Hugh Hefner. The firm became one of the first adult industry leaders within the sex industry and continues to be a dominant player. Headquartered in Beverly Hills, California, Playboy Enterprises publishes magazines, websites, television broadcasts, and radio in roughly 180 countries worldwide. Now the firm plans to introduce cryptocurrency payments for its online services starting with its Playboy TV subsidiary.

Reena Patel, the chief commercial officer and head of operations for Playboy Enterprises, stated:

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.


Rewarded for Engaging with Playboy Offerings

According to Playboy, the company will integrate a multi-cryptocurrency wallet that will hold a variety of top digital assets and a coin called Vice Industry Token (VIT). By using cryptos to pay for exclusive adult content, customers will be able to “earn tokens to view Playboy.TV’s original content, as well as comment on and vote for content.”

“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,” explains Patel.

This isn’t Playboy’s first rodeo with cryptocurrencies as the Playboy Brand Website; Playboy Plus started accepting BTC payments back in February of 2014.


At news.Bitcoin.com all comments containing links are automatically held up for moderation in the Disqus system. That means an editor has to take a look at the comment to approve it. This is due to the many, repetitive, spam and scam links people post under our articles. We do not censor any comment content based on politics or personal opinions. So, please be patient. Your comment will be published.

14.03.2018 / 17:35 234
South Korea’s Largest Cryptocurrency Exchange Partners BitPay for Remittance South Korea’s Largest Cryptocurrency
Bithumb, South Korea’s largest cryptocurrency exchange, has partnered with major cryptocurrency payment processor BitPay to facilitate international
Playboy TV to Accept Crypto Payments for Adult Content Playboy TV to Accept Crypto Payments
Playboy TV is launching a new payment option that will allow customers to access its exclusive adult content using cryptocurrencies. According to an
Singlepoint Launches Bitcoin Payment Solution for Cannabis Industry Singlepoint Launches Bitcoin Payment
Singlepoint has launched a bitcoin payment solution for the cannabis industry. The company also plans to launch a cryptocurrency exchange in the
PR: Let There Be Sex! Road Map of VR Technology Company (OKOIN Project) for March 2018 PR: Let There Be Sex! Road Map of VR
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com
Video Games Industry Veterans Launch Terra Virtua, the First-Ever Subscription-Based Virtual Reality Entertainment Platform Video Games Industry Veterans Launch
London, 8th March 2018: Today marks the highly anticipated launch of Terra Virtua, a completely new category of virtual reality experience that
Comcast Makes First Big Bet on a Multi-Blockchain Future Comcast Makes First Big Bet on a
Comcast is banking on a world with multiple blockchains. Revealed exclusively to CoinDesk, the venture arm of the telecommunications giant is leading
Comments (0)
Add a comment
Comment on