Playboy

According to reports, Playboy’s parent company Plby Group reported an impairment loss of $4.9 million on Ethereum held in 2022. Plby Group accepts Ethereum as a payment method for its Rabbitars NFT project launched in 2021 and holds it as a digital asset on its balance sheet. PlayboyTV accepted Bitcoin payments in 2018. （Coindesk） Playboy’s parent company reported an impairment loss of $4.9 million on Ethereum held in 2022 Analysis based on this information:Playboy, the iconic brand known for its sensual and provocative content, has recently made headlines not for its racy content, but for its cryptocurrency investment woes. According to reports, Playboy’s parent company, Plby Group, incurred an impairment loss of $4.9 million on its Ethereum holdings in 2022. The loss was attributed to the decline in the value of the cryptocurrency, which Plby Group held as a digital asset on its balance sheet. Plby Group has been experimenting with cryptocurrency payments since 2018, when Playboy TV started accepting…

It is reported that Playboy MetaFusion will be launched soon. Liz Suman, the head of Playboy\’s Web3, said in NFT Paris last week that the virtual world is sche…