A New Start Up Wants To Pay You To Watch Porn's Just One Tiny Catch

Another day , another cryptocurrency –   although   this time , there ’s a particularly interesting deal on the cards .

Vice Industry Token(VIT )   will effectively pay you for looking at on-line porn . vocalize too good to be honest ? Well , there ’s a catch , as you no doubt counter .   The payoff is that you will be handing over more and more of your precious data .   On top of that , you will be paid in a digital coin that you could only expend on more pornography . Damn , the Internet is a weird place .

Likemost of those cryptocurrenciesyou have been hearing about recently , most notably Bitcoin , VIT employ a blockchain . Essentially , this is a way to ensure all proceedings areverifiable and permanent by using apublic ledger oftransactionsthat issecured using cryptanalysis .

The idea of fusing porn with digital currencyis nothing new .   With the days of pay - for - view porn quickly give way and ad - blockers do bother for current models of monetise complimentary grownup video , VIT think that their cryptocurrency could help stimulate the queasy   industry of porno . In their words : “ Free was sound , it ’s just not in effect enough anymore . ”

VIT are currently working with Penthouse , Exxxtasy , RedHot TV , and a fistful of their adult - message producer where their digital tokens can be   traded for single premium message . At the current fourth dimension , it ’s not potential to say whether you will be able to trade VIT for other cryptocurrencies or   traditional   administration - issued hard cash . Nevertheless , VIT have a bold imaginativeness for the future tense .

“ My plan is to attach my blockchain to any exist adult internet site and tokenize sure view of the business that they ’re operate on , ” Stuart Duncan , chief executive officer and adult manufacture oldtimer , of late toldThe Daily Beast . “ Then when someone comes in and starts using a video , commenting on it , sharing it , they rick on something I call ‘ proof of mind ’ and what they ’re really doing is engaging with our scheduling . That ’s how they get ante up . ”