Playboy Launched Iconic Rabbitars NFT Collection

Playboy will release 11,953 distinct Rabbitars. Rabbitars may have other attributes like ears and hats and occupation-related traits. PLBY Group,

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Nifty News: Playboy unveils 11,953 bunny avatars, Martha Stewart cooks up NFTs...

Martha Stewart has entered the NFT sector by cooking up some Halloween-themed collectibles, Coinbase announced its first four partnered NFT creators, and Playboy is dropping 11,953 unique bunny NFTs.

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Playboy loses $4.9 million on NFT holdings

PLBY Group, the parent company of Playboy, has disclosed significant losses on the Ether holdings it earned from an NFT collection it launched in late 2021. (Read More)

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Nifty News: Doodles ‘no longer an NFT project,’ Playboy bares all on NFT earnings and more

Identity crisis: Cofounder of doodles says it’s not an NFT project One of the co-founders of nonfungible token (NFT) project doodles says it is going to pivot away from being an “NFT project” to becoming a “leading media franchise.” In a March 18 post on the project’s Discord, one of the doodle’s founders, Jordan Castro [...]

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Playboy Loses $4.9M on ETH Received as NFT Payments

According to its annual report, the company has incurred a $4.9 million impairment loss. 

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Ethereum: Playboy Reports Loss Of Nearly $5M On NFT Earnings

Playboy, a well-known adult publication, suffered an Ethereum impairment loss of $4.9 million due to the last year’s market-wide downturn. In an annual filing, PLBY Group [PLBY], the parent firm of Hugh Hefner’s Playboy stated that it began accepting ETH for its NFT initiative called “Rabbitars” launched in 2021. As of last year, the value […]

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