Vice.org promises to pay you cryptocurrency in exchange for watching porn – seriously. Find out how it works today in our review.
What Is Vice.org?
Vice.org describes itself as a “revolutionary adult cryptocurrency.” Just like other blockchain platforms pay you for watching advertisements, Vice.org will pay you for watching pornography.
The platform is built on the Steem blockchain. Overall, Vice.org sees itself as a profound change in the adult entertainment industry. It has two core functions in the adult entertainment industry, including:
An adult entertainment platform where viewers can watch videos
A cryptocurrency where anybody who participates in viewing, adding, or curating content will get paid with Vice’s cryptocurrency
The adult entertainment industry has seen several major shifts over the years. The original adult entertainment was a PPV or subscription model. People paid for the content they consumed. As the internet exploded, tube-based, ad-supported websites became more popular. Vice sees it as a third shift, where users not only get content for free, but can actually get paid for watching it.
How Does Vice Work?
Vice revolves around the use of Vice tokens, which are Steem Media Token (SMT) compliant. The Vice platform is built on the Steem blockchain. All Vice tokens are completely convertible to fiat currencies or other cryptocurrencies.
Basically, Vice works by cutting out the middlemen for video content producers. Today, video content producers need to work with middlemen – in this case, porn websites – to host their content. Vice wants to replace these middlemen with the blockchain, allowing anyone to get paid for watching porn. Video producers can connect directly with viewers while avoiding the middlemen.
With vice, video content creators get rewarded simply for getting views on their content. There’s no connection to advertising revenue or an arbitrary set of rules. Vice uses a “proof of brain” algorithm built on the Steem blockchain to foster viewer engagement. The goal is to get and keep the attention of users. The better your content is, the more it will earn.
Why would anyone get paid for watching porn? Well, just like with other blockchain-based video sharing platforms, Vice wants to reward users for “curating” porn – which means reviewing it, rating it, and recommending it to people who may be interested. Here’s how the website explains the rewards system:
“If you’ve spent years and years developing your skills, gone to great lengths to build up an audience, and took hours or days to film and edit a video, you’ve done quite a bit of work when it comes to producing a video for others to watch. Why should you be letting a third party that only sells advertising take a cut of money that they couldn’t be earning without content like yours?”
Ultimately, human attention is a scarce commodity and a valuable resource. The VICE token will pay viewers to watch video and TV media. It will also be used to pay any participating individual, curator, programmer, producer, or content host.
The Vice.org website already lists a number of partners that have signed onto the project, including adult entertainment giants like Penthouse, SkinemaxHD, Exxxtasy, Playmen, and RedHot TV. The company has also already partnered with cam websites like Penthouse Petcams, Exxxtasy Cams, and Playmen Cams.
Who’s Behind Vice?
Vice is being led by a team of professionals from the adult entertainment community. That team includes Stuart Duncan (founder of Adult TV network Exxxtasy) and Kelly Holland (owner of Penthouse Global Media).
The company announced itself to the internet in October 2017.
The Vice.org Token Sale
Vice.org announced its token with a blog post in October 2017, stating that a token sale would take place in Q4 2017. However, no further updates have been posted online, and we have no further information about the token sale as of December 4.
The Vice.org website has an online form where you can enter your email address to get further updates on the VICE token ICO.
Vice.org Conclusion
Vice.org aims to revolutionize the adult entertainment industry by – no joke – paying people to watch porn. It sounds crazy, but the concept is similar to other blockchain-based video streaming platforms where viewers can receive a cut of the revenue the typically goes to the middleman.
There are few details about the Vice.org project available online right now. The website has had a handful of blog posts since October 2017, and a token sale is planned for Q4 2017. However, there’s no whitepaper and no fixed date for the token sale as of December 4, 2017.
To learn more about the project, visit online today at Vice.org.