You’ve heard the term “dirty money” before but now, cryptocurrency is giving this phrase an entirely new meaning. Combined with the all mighty power of the adult entertainment industry, a new type of “Crypto porn” is out now. The premise? Fans get tokens simply for watching their favorite x rated content. Here are three things to know about it
WATCH CRYPTO PORN AND GET TOKENS
Yes, your dream is finally about to come true! Now, someone will actually pay to watch pornography. There’s one catch though. You must know a little about crypto tokens. The genius behind this idea is the Vice Industry Token (VIT). Viewers who watch porn are rewarded with VIT and can then redeem them for discounts on premium content and other services from websites like Pornhub or Penthouse.
FANS GENERATE THEIR OWN CRYPTO PORN TOKENS
Porn fans will generate the VIT tokens themselves and use it as a currency with the platform. VIT founder Stuart Duncan says this is a “groundbreaking” move that is generating a “positive response” from the pornographic community. But how does it actually all work?
HOW DO CRYPTO PORN TOKENS WORK?
The essence of these crypto porn tokens is actually quite genius. It all starts with VIT producers asking users to perform certain actions outlined by the site and their participating platforms. From there, VIT tracks the users’ engagement which is then verified into shares of VIT. These shares become crypto porn tokens that are used within the platform.
As stated earlier, this is generating all sorts of interest but will it catch on with other adult entertainment sites. Furthermore, what are the larger effects this will have on the community? If people are literally earning money from watching porn, does that mean the end of civilization as we know it? Will we start seeing “porn watching freelancers” on sites like YouToken? All good questions and only time will tell.
