Exclusive adult content will be accessible for clients using cryptocurrency with the new payment option on Playboy TV.
According to an announcement on Wednesday, by the end of the year, the adult content company is planning to launch a dedicated cryptocurrency wallet.
Playboy will initially only accepyt “Vice” Industry token, a cryptocurrency dedicated to the adult industry. Eventually, cryptocurrency market leaders will be added to the Playboy wallet.
“Vice Industry Token (VIT) is designed partially for adult content specifically and touts a utility that can track real user engagement on adult content channels over a blockchain,” as mentioned in the Vice whitepaper.
In the announcement, Playboy TV explained that users can vote, view, and comment on special content with VITs on its channel.
The Chief Operations Officer of Licensing and Media for Playboy Enterprises, Reena Patel mentioned,
“As the popularity of alternative payment methods continues to grow around the world, along with the reach Playboy’s digital platforms, we felt it was important to give our 100 million monthly consumers increased payment flexibility.”