Playboy integrates Vice Industry Tokens

Playboy has launched a new cryptocurrency wallet that integrates Vice Industry Tokens. These tokens can be used to pay for Playboy’s exclusive online content. The digital currency wallet is expected to be available by the end of the year.

What can users pay for with Vice Industry Tokens?

The first available content for users to access with Vice Industry Tokens will be Playboy TV. Playboy anticipates that users will be able to pay for content with other cryptocurrency tokens at a later point.

Reena Patel, Chief Operations Officer, Licensing and Media for Playboy Enterprises, was quoted to have 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.”

It has been reported that Playboy will make other lines of content available for payment using cryptocurrencies as well. These additional lines of content include gaming, augmented reality and virtual reality initiatives.

Are we all happy with adult content in the cryptocurrency space?

The adult entertainment industry has been very accepting of digital currencies. Several adult entertainment workers have been enjoying the use of cryptocurrencies for easy payment to services rendered by them. However, vendors like BitPay are not happy with adult industry workers using their payment systems.

In February, BitPay updated its terms of use to ban explicit content or those creating it from using their payment system. The BitPay team has gone as far as inform one adult worker that her account would soon be disabled.

Image via Shutterstock.

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