LOS ANGELES – March 16, 2018 – Penthouse Global Media, Inc. announced today that the company will be using Vice Industry Token (VIT) to develop larger global markets and a broader reach for Penthouse Forum, Penthouse and Penthouse TV. By integrating with VIT, visitors will be able to pay and earn tokens across Penthouse’s original content, as well as comment on and vote for content.
“This news is coming hot on the heels of our previous announcements this week,” said Stuart Duncan, chief executive officer of Vice Industry Token. “This industry has been a technology leader from the start and Penthouse has always been a forerunner. Partnering with VIT is the next logical step for an iconic brand like Penthouse.”
Vice Industry Token, a decentralized blockchain platform and cryptographic token that rewards viewers just for watching content, was launched earlier this year and is currently in the midst of a crowd sale which ends on March 20th.
“We want to accelerate our bold move into the cryptocurrency space using VIT as a utility token to enable people to both earn and spend cryptocurrency on all our online portals as quickly as possible through the remainder of 2018,” said Kelly Holland, chief executive officer and owner of Penthouse. “VIT will help us to expand into the new markets presented to us, and it will assist us in expanding our global brand loyalty. Additionally, it will increase our advertising reach and exposure.
About Penthouse Global Media, Inc.
As a globally recognized leader in adult entertainment and a premiere lifestyle brand, Penthouse has positioned itself as a cutting-edge, trendsetter in the industry. As an international, multimedia entertainment company, Penthouse continues to redefine and expand its iconic appeal and its remarkable place in history. Made famous worldwide for its fearless approach to sexuality and its unabashed support of those rebelling from the norm, Penthouse has the cache many brands have only dreamed of attaining. As the greatest adult brand in history, its delivery of sex; style and scandal create loyal fans. It’s not only remained as the showcase for the most beautiful women in the world, but its strong roots have allowed the brand to endure as a relevant and influential resource to guide consumers to what they truly want.
Visit their official website at PenthouseGlobalMedia.com
Press inquiries can be directed to press@penthouse.com
About Vice Industry Token, Inc.
Vice Industry Token, Inc. is a decentralized blockchain platform and cryptographic token for the vice industry that allows producers to more efficiently monetize their content by rewarding viewers just for watching content. Today’s ad-based, free viewing model is broken, dominated by tube sites and benefiting only web traffic companies. By intelligently capturing genuine interactions, VIT will enable producers to deliver high-quality content catered to the specific desires of their most enthusiastic fans. Vice Industry Token, Inc. is a wholly owned subsidiary of Tokken MSB, Inc.
For more information, please visit https://vicetoken.com/
Media Contact
Company Name: Vice Industry Token
Contact Person: Tracy Bagatelle Black
Email: tracy@vicetoken.com
Phone: 661.263.1842
Country: United States
Website: http://vicetoken.com/