Ballyhoo
Tube8, an adult entertainment platform, is adopting blockchain and tokenization technologies in arranged b fitting to reward visitors with cryptocurrency for watching videos on their website.
Porn Plat Tube8 Wants to Pay You Cryptocurrency
To effect this process, the Pornhub subsidiary is mating with blockchain platform Vice Industry Token (VIT) for the total tokenization of the website. This is a collaboration that pleasure make it possible for users to get paid for engaging in activities on the Tube8 tenets, such as streaming and interacting with videos. The partnership was first revealed by TheNextWeb.
This development, when launched by the end of 2018, will put the full Tube8 platform on the blockchain. It will also establish Tube8 and the elementary adult entertainment site to adopt token-based rewards and payment for website guests.
While commanding a traffic volume of 150 million visitors monthly, this collaboration could coil out to be one of the most significant entries of blockchain into the mainstream. Although full-grown entertainment retains the reputation of early adopter for blockchain, introducing a recompense system unto such a huge platform cannot go unnoticed.
Robin Turner, a Tube8 spokesperson portrays the event as a paradigm shift and an achievement of a longtime pipedream.
“For as long as I can recall, getting paid to watch porn was always a pipedream; one that was ever after dreamed about, but never fully realized. Now however, with the introduction of VIT, we are chip a paradigm shift in how people consume adult entertainment. As opposed to cause to fork over money to consume content, which some locales require, our users will get paid to consume our free content. The multifarious they interact with our videos, the more money they realize.”
Vice Industry Token Attracts Attention in Adult Entertainment Hustle
Porn star Stormy Daniels, now better known as U.S. President Donald Trump’s departed mistress, accepts Vice Industry Tokens on her website.
This growth further establishes VIT’s presence in the adult entertainment industry, albeit for juxtaposing reasons. While Tube8 celebrates it partnership with the platform, there is an existing rightful spat between renowned adult entertainment company, Playboy and this very VIT over non-fulfillment of a partnership contract between them a few months ago. Nil of this controversy was mentioned though in this latest development.
Cryptocurrency in online filth has been touted to be a suitable implementation. The reason for this may not be far from the flush of privacy which the transaction processes provide for its users. Considering the pseudo-secret temperament of the adult entertainment industry, introducing private and relatively anonymous participation patterns will definitely have a significant impact on the industry. More so, steady with the reward, rather than subscription model being introduced.
Agreeing to Turner, VIT offers Tube8 a way to reward their viewers by monetizing cheer through the VIT protocol. However, before users would log in, watch a few videos and disregard, VIT incentivizes them to create an account and interact with the content to forge Vice Tokens.
When implemented, this collaboration will steadily chart a course for other several similar platforms that are aimed to render incentivized services to users. Hence, the benefits of this progress to the blockchain industry as a whole will most likely surpass the current individual goals and targets of the primary participants.
Images from Shutterstock
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