Sources of countless profits, the Cryptocurrency and Blockchain industry is conquering the world and offering interesting prospects. The pornographic sector is not left behind. The recent correlation between crypto-currencies and the adult entertainment industry, concerns an actress X, Stormy Daniels, which is now accepting payments in cryptocurrencies on his site, the Verge (XVG) except.
Porn star adds VIT on her website
The popularity of crypto-currencies in the world of adult entertainment is palpable, given their anonymity and cross-border nature. They do not require any authorization or approval. Many new and innovative sources of revenue can be exploited by this new form of money.
Stormy Daniels is at the center of a scandal with the US president, Donald Trump, which earned him notoriety. Since then, she has entered into a partnership with VIT or the Vice Industry Token (VIT) to approve the token as the means of payment for its services.
Stuart Duncan, the CEO of Vice Industry Token Inc. supports the actress in her decision.
Even Stormy Daniels understands the value of cryptocurrency, he said. We are delighted that she chose our Blockchain technology to put it on her site.Daniels is one of the first porn stars to endorse this new payment method. Two dozen other adult content websites are starting to follow this craze.
Darkreach Communications, the company that runs the Stormy Daniels website, will be integrating VITs as a payment method with around 20 other websites.
"With VIT, everyone will make money - my fans, myself, even the artists. The way the Blockchain VIT works, we all get a piece of the token, and the guaranteed authentic data is the icing on the cake, "said Rob Murray, president of Darkreach.
The Verge loses its place in the world of adult entertainment
Following a massive demand from Pornhub consumers - one of the most popular websites in the adult content industry - the company accepted the Verge as a means of payment last April.Corey Price, vice president of Pornhub said:
We are very pleased to offer our fans the opportunity to use crypto-currencies and to think that the Verge, with its anonymity, is the best payment option, whether for privacy, convenience or both.However, despite the collaboration between Pornhub and the Verge, its adoption remains weak. Recent network challenges suggest that the situation will not change soon. Visitors and creators of adult content prefer to turn to the Vice Industry Token.
What do you think of crypto-currencies in the pornography industry? Tell us in the comments section below.