Playboy, a Beverly-Hills based enterprise, is in the process of suing of a Canadian firm called Global Blockchain Technologies, for the breach of the contract. The main subject of the claim is in the inability of the company to integrate the blockchain technology into the enterprise.
The Playboy enterprise has filed a lawsuit in Los Angeles County Superior Court. The main reason is the contract breach and fraudster. According to the contract, the firm had to integrate the Vice Industry Token on media sites of Playboy. Playboy insists, that the firm has failed to comply with the contract requirements and hence, the enterprise is seeking for a compensation.
The GBT has announced that the promised online wallet of Playboy is under development and its interface would be included into various platforms very soon. In the first minutes of the ICO sale, there were sold tokens for the sum of 22 million USD.
The adult entertainment industry is adopting cryptocurrencies and other digital solutions very fast, and this token is not the first project of Playboy.