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Iggy Azalea Teases MOTHER Utility on New Social Platform

DailyCoinDailyCoin2024/09/22 19:39
By:DailyCoin
  • Iggy Azalea has revealed a new utility for her meme coin.
  • The meme coin launched in May amid Solana’s celebrity token frenzy.
  • The revelation came a day after Azalea said she would launch the online casino Motherland.

Australian rapper and songwriter Iggy Azalea has revealed plans to launch a new social platform, where meme coin MOTHER will be the only crypto payment accepted.

MOTHER was one of the celebrity tokens that took the industry by storm amid a short-lived meme coin frenzy on the Solana network in late May. While several such tokens have nearly fizzled out, Azalea has helped buoy MOTHER’s value through several initiatives in the past few months, including plans to release the online casino Motherland.

Sponsored

The rapper recently announced that MOTHER’s utility will expand beyond the casino to the new social platform, which she said will also serve as a “disrupter in the gifting and retail marketplace.”

MOTHER’s Utility on Social Media

In a recent X post , Azalea asserted that the new social media platform Dreamvault will launch in “about three weeks,” allowing users to use MOTHER to pay for various products.

“You may want to utilize it as a marketplace to purchase items for yourself (at a 10% discount with $MOTHER) we have luxury brands avail in every category you can imagine: Hermes, channel, Florals, Yeezy, Nike , Rolex you name it,” Azalea wrote.

Per the post, users can also access the platform’s “dream collection” function to create a wish list of products they’d love to be gifted with by friends or followers.

Noting that she was bullish on the project, Azalea said she had already assembled a “brilliant team” to take care of the platform’s UI/UX and multiple influencer agencies to onboard their clientele on public launch.

According to the rapper, while Motherland is exciting, Dreamvault is her “ideal baby.” Azalea stated she has nursed the project for over a year and anticipates it taking over the social media landscape.

Read about Iggy Azalea’s meeting with crypto critic Cramer:
Bitcoin Critic Cramer Meets Iggy Azalea: Is BTC Topping Out?

Stay updated on Circle’s USDC debut in Brazil and Mexico:
Circle’s USDC Debuts in Brazil and Mexico via National Payment Systems

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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