Iggy Azalea Teases MOTHER Utility on New Social Platform

Iggy Azalea reveals plans to launch a new social media platform, expanding MOTHERโ€™s utility beyond her online casino.

Iggy Azalea is surrounded by piles of money.
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  • Iggy Azalea has revealed a new utility for her meme coin.
  • The meme coin launched in May amid Solanaโ€™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 MOTHERโ€™s 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 MOTHERโ€™s utility will expand beyond the casino to the new social platform, which she said will also serve as a โ€œdisrupter in the gifting and retail marketplace.โ€

MOTHERโ€™s Utility on Social Media

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

โ€œYou 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 platformโ€™s โ€œdream collectionโ€ function to create a wish list of products theyโ€™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 โ€œbrilliant teamโ€ to take care of the platformโ€™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 โ€œideal baby.โ€ Azalea stated she has nursed the project for over a year and anticipates it taking over the social media landscape.

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

Stay updated on Circleโ€™s USDC debut in Brazil and Mexico:
Circleโ€™s USDC Debuts in Brazil and Mexico via National Payment Systems

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Brian Danga

Brian Danga is a crypto reporter at DailyCoin covering breaking news. Brian has minor holdings in Bitcoin and Ethereum.

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