Playboy TV is launching a new payment option in order to permit clients to access its special adult content material via the usage of digital currencies. In line with a statement, the adult content material network stated that it’ll roll out a devoted digital currency wallet by the end of this 12 months. The media company will initially receive a digital currency dubbed Vice Industry Token, that’s being issued via an initial coin offering that ends subsequent week, with different unnamed main tokens to follow later.
In line with its white paper, Vice Industry Token is created in part for adult content material particularly and touts a software that may track actual consumer engagement on adult content channels over a blockchain technology.
In its launch, Playboy TV mentioned that customers can view, comment on and vote for unique content material via the usage of Vice Industry Tokens on its channel. The initiative marks likely the primary instance of a main TV organization trying to accept digital currency as a payment method.
Reena Patel, chief Operations Officer of Media for Playboy companies, stated:
“As the popularity of alternative payment strategies maintains to grow round the arena, along with the reach Playboy’s digital platforms, we felt it turned into essential to present our one hundred million monthly clients multiplied charge flexibility.”
All in all, Playboy said it also plans to integrate the virtual forex wallet with its other business lines, which include gaming, augmented fact and digital currency initiatives.