Porn industry launches its own cryptocurrency



Feb 22, 2018

The Vice Industry Token (VIT) will reward fans simply for watching x-rated content.

Viewers can then redeem tokens for discounts on premium content and other services from websites like Penthouse

Usually porn sites make money from subscriptions and advertising revenue

Viewers can then redeem tokens for discounts on premium content and other services from websites like Penthouse.

A form of digital money, cryptocurrency uses encryption to secure transactions and control the creation of new units.

Porn fans generate the bitcoin-like crypto cash for VIT and their own use as they watch dirty videos.

Usually porn sites make money from subscriptions and advertising revenue.

Vice Industry Token founder Stuart Duncan says the move is groundbreaking

“We are excited to see the positive response to our groundbreaking platform through our token sale,” said VIT founder Stuart Duncan.

“The support of our community is key to our success, and this is just the beginning.”

The digital cash uses cryptography – a form of secret coding originating from the Second World War – to process transactions securely.

Accumulating VIT involves producers asking users to perform specific actions outlined by the site curator on participating platforms.

 

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