Bitcoin Forum

Playboy TV is launching a new payment option that will allow customers to access its exclusive adult content using cryptocurrencies.

According to an announcement today, the adult content network said it will roll out a dedicated cryptocurrency wallet by the end of this year. The media firm will initially accept a cryptocurrency dubbed Vice Industry Token, which is being issued through an initial coin offering that ends next week, with other unnamed "leading" tokens to follow later.

According to its white paper, 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.

In its release, Playboy TV said users can view, comment on and vote for original content using VITs on its channel.

The initiative marks possibly the first instance of a major television company moving to accept cryptocurrency as a payment tool.

Reena Patel, Chief Operations Officer, Licensing and Media for Playboy Enterprises, said:

"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."

Looking ahead, Playboy said it also plans to integrate the cryptocurrency wallet with its other business lines, including gaming, augmented reality and virtual reality initiatives.





https://www.coindesk.com/playboy-tv-to-accept-crypto-payments-for-exclusive-adult-content/?utm_content=buffer9a337&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

"Vice Industry Token will deliver you the content that you want to see, while enabling you to get paid just for watching it."

WTF? Why are they paying you to watch porn? They are saying, " Free was good, it’s just not good enough anymore.

Get Paid to Watch Videos ® " - https://vicetoken.com/ ... The Whitepaper is also not clear on why they want to pay you for

watching. More viewers = more advertisement income?

People first need to buy themselves into a shitty ICO, and with their VIT token they will be able to pay for Playboy TV and whatnot, that's really it? It's non news. If you have to attract people by giving them financial incentive to consume your content, it obviously means that you are going backwards due to people losing interest. This ICO will allow them to raise money they would otherwise not manage to raise, so they fully utilize this opportunity. But seriously, why would anyone still waste its time with a soft platform as Playboy while you can get the best of the best with Bangbros or Realitykings already.... That's probably the reason they lose popularity -- they don't offer people that what they want to see, while their competitors do.

Always the worst projects try to cover up a naked body. The worse singer sings the more candid her dress. What impact can Playboy have on the popularity of bitcoin? For me, this is not an indicator. Bitcoin will start a very different life if it is used by online stores. But it is still very far away. Playboy is using bitcoins only for their advertising. They don't know how to draw attention to themselves. Cryptocurrency is a popular topic now. Therefore, they make such statements.

You are kidding... right? I think someone said Playboy TV has 100 million subscribers. Now do some math and see how

much bitcoins will be bought if these people buy only $10 worth of bitcoins, every month. The porn industry is one of the

biggest industries in the world, worth approximately $97 billion. Playboy is also a household name and one of the most

well know brands in the world.  8)

As it's been said before whatever technology or industry porn gets behind it succeeds. Look at VHS (killed Betamax), Blueray (killed HD DVD) and porn was super important in starting online payments.

If porn it gets behind a specific cryptocurrency it's going to be huge.