PornX coin to bring together porn and cryptocurrency industries

PornX coin to bring together porn and cryptocurrency industries

- in All News, Cryptocurrencies
pornx

PornX, a blockchain project that aims to provide instant and anonymous payments for adult content, has launched its pre-initial coin offering (ICO) of the PornX coin.

It is created as a decentralized ERC20 token on the Ethereum blockchain and uses the Lightning network. The targeted pre-ICO soft cap of the Singapore-based company is 1500 ETH and the hard cap is 5000 ETH. PornX has valued 3000 tokens to 1 ETH and offers a pre-ICO bonus of 30%. The pre-ICO phase ends on February 28, with the actual ICO starting on March 18 and ending on March 31. the ICO, however, is not available to residents of the USA.

The goal of PornX is to let its users pay anonymously and securely, with very low fees, for adult content, such as porn videos, erotic video chats, adult online video games and at online sex shops, via the X-Q Pay payment system to be developed by PornX. The platform will be available to users worldwide, without egal restrictions on the payment of porn around the world and providing its users with high level of confidentiality — data is not debited from bank cards, providing full anonymity.

“We — the team of developers of the project PornX, were interested in the introduction of blockchain technologies in everyday life”, the PornX team said. “Some areas are already occupied by interesting projects, but in the porn industry, nobody has implemented blockchain technology. We set ourselves a very serious and interesting task. The combination of two major sectors of the economy — porn industry and cryptocurrency.”

The token will be supported by MyEtherWallet, as well as other wallets such as Mist, Parity, ImTokem, Metamask. The project also plans to launch a proprietary mobile wallet and a mobile app for porn content purchases via QR code.

According to some statistics, porn sites receive more regular traffic than Netflix, Amazon and Twitter combined every single month. Moreover, the industry moves around $100 billion dollars annually. The average audience of porn sites is more than 600 million active users a day.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Iran’s c-bank warns of cryptocurrencies, may issue local coin

Iran’s central bank has warned Iranian citizens of