IDENA is a noteworthy blockchain, which offers you an unorthodox method of mining where you don’t need to care about the resources of your PC. This conception is called Proof-of-Person (PoP). Instead of using resources of your computer, the blockchain uses resources of your mind and in the future probably it will grow into a media resource to show you some ads through their Oracle system.
THE GAME CONCEPTION OF THE FLIPS
For the current moment, you have to prove your identity by solving and creating flips which from the eyes of noninvolved people looks like a game.
The PornHub related conception could be to play a game once every 20 days for more or less 30 minutes and prepare at least 3 groups of flips which take from you probably half an hour more. And in one month or so, you will get enough money to pay for your PornHub premium subscription.
There are many ways to make the game more attractive and involve even more users. It can be the scoring system, feedback on flips or even creating a special "hot" category for flips, dedicated only to PornHub.
A SLOGAN FOR THIS GAME CAN SOUND LIKE
Train your mind and get PornHub PREMIUM for Free
It sounds intriguing, right? But that slogan is actually true. Moreover, it will bring more people, especially those of them who would like to switch to premium but have a lack of knowledge or any other difficulties to enter into the crypto world.
For those who are not familiar with PornHub it is interesting to note that now this “hot” platform accepts only cryptocurrency. Visa/MasterCard abandoned partnership with PornHub after the illegal videos scandal.
IDENA + PORNHUB: WIN-WIN STRATEGY
Now it is a hard time for PorHub, it looks like Feras Antoon and David Tassilo came out of the shadows and now are trying to make people feel better about PornHub and the PornIndustry in general. The IDENA blockchain could be a good start.
Many people watch porn, most of them are doing it secretly — nobody wants to expose his secrets. Just imagine that you can get PREMIUM for doing some intellectual work with a full anonymity guarantee. You have only your private encrypted key and password. No payment at all, only solving and creating flips every epoch which take from you max 1 hour. And solving these tasks can definitely be considered as an intellectual discipline. That’s cool, isn’t it?
ARE THERE ANY PITFALLS ASSOCIATED WITH THIS INTEGRATION?
There are some points that should be mentioned when talking about this collaboration.
- We don’t know what the exchange rate will be, if the network considerably increases the number of active users. Rewards for mining, validation, reporting and flips are strictly limited and have a direct correlation with the number of active users. That means the more users, more users, the less reward each of them receives. And if PornHub creates a public pool, this will considerably reduce the reward of each user;
- What will PornHub do with iDNA coins? Immediate withdrawal will definitely hit the Idena economic model and bring the coin down. But if PornHub invests and keeps part of the monetary working capital in iDNA it will definitely balance the disadvantage of the 1st risk point. As a result, the total amount of users rewards will decrease, while the coin price will increase significantly.
These important issues should be considered during the integration process to make cooperation profitable and mutually beneficial.
WHY IS IT GOOD FOR PORNHUB TO CONSIDER IDENA AS A PAYMENT GATEWAY?
The scandal columns around PornHub makes VISA & MasterСard break any relationships with PornHub as a consequence PornHub took a decision to completely move into the crypto space.
It makes it difficult to get a Premium Membership for people not familiar with cryptocurrencies.
- 1st because of the uncertain legal status of the cryptocurrency in many countries.
- 2nd because of exchange challenges in fiat-to-crypto and crypto-to-fiat direction.
- 3rd because it could destroy your privacy: nowadays, many exchange markets require you to pass KYC.
- and the 4th — extremely high transaction fee for the premium subscription which is, for now around $10 per month.
WHAT CAN IDENA OFFER TO PORNHUB?
- Low barrier of entry. Actually, there is no threshold. You don’t need to pay anything at all. Of course, if you want to mine you need at least a small server. But the concept of IDENA could offer pools and delegation when you could have only one server and delegate all of the identities there to start to mine. So, for the PornHub it means that they could create the biggest pool in the network and help people to get their PREMIUM faster.
- IDENA is completely anonymous, so you have only your address and private key and the IDENA blockchain could be used as an additional authorization method on PornHub.
- Oracle conception that could be developed into a service available for Premium Members to deliver special ads, promotions and offers.
WIN-WIN INTEGRATION
- Pornhub increases their members who don’t want to pay or don’t know anything about crypto. IDENA allows them to earn money without any investments only by solving logical tasks similar to the Turing test and creating those tasks in every epoch, every 20 days.
- IDENA can considerably increase both the network of active users and their capitalization with all ensuing consequences.
So, who knows probably next time when you will try to upgrade your pornhub premium membership,
you will find the IDENA coin icon among popular crypto icons.🤷♂️
