- Iggy Azalea has revealed a new utility for her meme coin.
- The meme coin launched in May amid Solanaโs 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 MOTHERโs value through several initiatives in the past few months, including plans to release the online casino Motherland.
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The rapper recently announced that MOTHERโs utility will expand beyond the casino to the new social platform, which she said will also serve as a โdisrupter in the gifting and retail marketplace.โ
MOTHERโs Utility on Social Media
In a recent X post, Azalea asserted that the new social media platform Dreamvault will launch in โabout three weeks,โ allowing users to use MOTHER to pay for various products.
โYou 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,โ Azalea wrote.
Per the post, users can also access the platformโs โdream collectionโ function to create a wish list of products theyโd love to be gifted with by friends or followers.
Noting that she was bullish on the project, Azalea said she had already assembled a โbrilliant teamโ to take care of the platformโs UI/UX and multiple influencer agencies to onboard their clientele on public launch.
According to the rapper, while Motherland is exciting, Dreamvault is her โideal baby.โ Azalea stated she has nursed the project for over a year and anticipates it taking over the social media landscape.
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