Playboy to new in metaverse

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playboy to new in metaverse

MetaMansion, Playboy’s new Web3 facility, will host gaming, social and programmed activities, and future Playboy NFT collectable releases. For the time being, this virtual Playboy house will contain a variety of gaming, social, and scheduled activities. Moreover, an upcoming non-fungible token (NFT) collectable release is underway.

Iconic Brand Undergoes Transformation

NFT-based Metaverse game platform The Sandbox has linked up with iconic brand Playboy to create the MetaMansion. In the wake of Playboy’s glory days, it’s no wonder that the company has reinvented itself.

Gatsby Mansion. One of the virtual playmates hands the player a greetings card emblazoned with the Playboy logo and the letters ‘VIP.’

Founded in 1953, Playboy has grown to become a major global media empire, with one of the world’s most recognizable trademark logos. Its new partnership with The Sandbox aligns with a broader trend of other legacy brands (such as Gucci and Christie’s Auction House) that have recently been tapping into the burgeoning metaverse as a new source of revenue and customer engagement.

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“Playboy is unique and can’t be imitated,” said Sébastien Borget, co-founder and chief operations officer of The Sandbox.

PLBY Group to grow and manage growth profitably, and retain its key employees; (5) costs related to the business combination, acquisitions, commercial collaborations and proposed transactions; (6) changes in applicable laws or regulations; (7) the possibility that PLBY Group may be adversely affected by other economic, business, and/or competitive factors; (8) risks relating to the uncertainty of the projected financial information of PLBY Group; (9) risks related to the organic and inorganic growth of PLBY Group’s business and the timing of expected business milestones; and (10) other risks and uncertainties indicated from time to time in PLBY Group’s annual report on Form 10-K, including those under “Risk Factors” therein, and in PLBY Group’s other filings with the Securities and Exchange Commission.
For example, a Playboy SEC filing last year shows the company paid $12 million to purchase a Bombardier Global Express BD-700 so Kohn could unleash that priceless bunny logo across not just the sky, but also on the internet. The plane is an homage to the black-painted DC-9, known as the Big Bunny, flown by Hugh Hefner in the ’70s.
The Global Express, which started off white, was gut-renovated before re-emerging five month’s later with a sleek all-black body emblazoned with bunny logos and the same tail number used on its predecessor that whisked Hefner, celebrities and an entourage of Playboy bunnies around the world…

“The magazine was one product of the company,” Playboy CEO Ben Kohn told CNBC. “But it was really that rabbit head that’s worth billions and billions of dollars and not replicable.

Staging its digital reinvention for the next wave of internet innovation, which technologists call Web3, is the next big challenge. “The magazine was one product of the company. But it was really that rabbit head that’s worth billions and billions of dollars and not replicable,” Playboy CEO Ben Kohn told CNBC in a recent interview.

While the brand drives billions in consumer spending worldwide, much of it through licensed products sold overseas, Kohn said that business model is broken and that the company needs to make changes.

The CEO’s fixes rely heavily on that not-so-secret weapon: the world famous bowtie-wearing rabbit. […] The company is focused on trying to leverage that “inherent value” in the digital world.

All collectors will need an Ethereum wallet regardless of whether they are paying with Ethereum or USD. Eth whitelisted collectors may purchase up to two Rabbitars during the pre-sale.
Collectors may purchase up to 10 Rabbitars during each of the two public sales. Complete instructions for how to reserve and purchase a Rabbitar can be found in the “How do I get a Rabbitar?” section of the official Playboy Rabbitar site.

Visit Playboy Rabbitars at:

Follow Playboy’s NFT social channels here: Discord: Twitter: IG: @PlayboyNFTs

Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995.

This case is reminiscent of a similar infringement involving Hermes, which sued the creator ofMetaBirkin.

Playboy relaunches in the metaverse

The historic Playboy magazine has announced that it plans toreboot its brand in the digital worldthrough NFTs and beyond. The company also wants to launch its own digital subscriptions and a new villa in the metaverse.

As explained during an interview with CNBC, Playboy wants todrop thousands of avatars in the form of a bunny(the brand’s logo) and create a metaverse to keep up with new technologies.

“The magazine was one product of the company.

It has dabbled in virtual events – including a virtual art gallery – and it dropped its first NFT collection, called Liquid Summer, in spring 2021. Later that same year, the company followed up with the launch of the Playboy Rabbitars (pronounced like ‘avatars’), another branded NFT collection “inspired by Playboy’s most famous iconography, art, photography, celebrities and more,” per the brand’s website.

Rabbitar holders and land owners in The Sandbox “will have access to special experiences” in the MetaMansion, according to Playboy.

“After building momentum in the web3 space through a series of NFT art and collectibles releases, and testing out metaverse events such as virtual art openings and [a] virtual holiday party, creating a virtual home is the next step in building Playboy’s web3 presence and community,” said Rachel Webber, Playboy’s chief brand and strategy officer.

In the context of the metaverse, the Rabbitars are NFTs that live on the Ethereum Blockchain as ERC-721 tokens hosted on IPFS (better known as the InterPlanetary File System—the metaverse’s decentralized file storage system).

As the mythology goes, the Rabbitars are a rare species of rabbit known for their extraordinary speed, cultural sophistication, razor-sharp wit, inimitable intellect, fantastic fashion sense, and in some cases, sexual prowess. Each Rabbitar is generated from 175+ possible traits, including fur, facial features, ears and headwear, apparel, accessories, occupation-related characteristics, and more.

Playboy iconography is woven throughout the collection, and some of the rarest Rabbitars and Rabbitar traits are inspired by significant aspects of Playboy’s art and editorial history.

“Distributed ledger technology is revolutionizing how fans and consumers interact with brands today. At Playboy, we’re committed to moving out of the era of merely acquiring followers and into an era of building thoughtful communities where each member has a voice.
Our goal is to deliver meaningful opportunities for ownership and unique value. The Rabbitars mark the beginning of true blockchain-based membership for Playboy.

In addition to launching Centerfold, Playboy’s attempts to get a ton of metaverse money includes launching a massive NFT collection, creating a Discord channel, and hiring a Web3 community manager.

Out of all the Playboy metaverse projects, Centerfold is their biggest one yet. The platform has been able to attract celebrities like Cardi B, Gigi Goode, Amanda Cerny, and Ana Foxxx, which is fairly impressive.

However, Centerfold is still an unproven product, especially when compared to how successful OnlyFans is, but there are high hopes that it will grow into something bigger.

“We believe Centerfold can shake up the creator economy just as Playboy Magazine shook up the publishing world.”Rachel Webber (PLBY Group chief brand officer) via MorningBrew

At the time of writing, we’re not quite clear what the Playboy Metaverse is.

Just as Playboy Club keys gave millions of members a chance to step into the sophisticated lifestyle that the Playboy brand represents, NFTs today can do the same and so much more.” – Jamal Dauda, VP, Blockchain Innovation

“Playboy has a nearly 70-year history in groundbreaking contemporary art, art direction and graphic design and it all started with a playful, sophisticated rabbit, otherwise known as the Playboy Rabbit Head logo. So when it came to visualizing the Rabbitar world, our goal was to pay homage to our legacy in the arts while tapping into the spirit of innovation upon which it was built to create something entirely new and special for the NFT community.

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