Crypto Porn As A Billion-Dollar Business: RedBUX Realizes It On The Blockchain
The German startup me.mento3D based in Berlin develops the brothel of the future. Until now, users could only see favorite erotic stars in videos or via LiveCam, now they can actually interact with their star in the crypto runhouse vrXcity. Virtual reality makes – and yes we say it – sex more tangible, three-dimensional (3D) and a new sensational experience, as you can forefeel on this free psvr porn website and other service sites in that area. And yes, it should be fun.
Do it, that’s the only thing I can say! The special thing is that the slippery services can be paid for with cryptocurrencies, specifically with the redBUX token. What used to cause embarrassing questions on account statements now runs easily, securely and, thanks to blockchain technology, anonymously and without attracting attention. The blockchain porn specialist me.mento3D launches an Initial Coin Offering and offers redBUX tokens with which you can get so-called adult services. The shooting star me.mento3D dares to enter new territory.
While Crypto Porn, Spankchain and other relevant ICOs are already pushing their way onto the market in the USA, nothing of slippery crypto services has yet been seen in Europe. redBUX will now heat up the market considerably. The porn industry is a billion dollar business.
The redBUX crypto token has aroused strong interest among potential strategic partners with more than 100(!) million customers who want to act as additional acceptance points for the crypto currency of me.mento3D and as content suppliers for vrXcity. With Wicked Pictures, me.mento3D has already gained one of the market-dominating US porn production companies as a strategic partner. In total, more than a thousand models and webcam girls are under contract with Wicked Pictures.
Strong partners are of decisive importance for the success of the redBUX token, because only with them could redBUX become the dominant token of the erotic industry. me.mento3D now leads the field and will acquire further high-quality content as a first mover and establish the world’s first interactive VR erotic platform in which redBUX tokens are the means of payment.
No doubt, combining blockchain technology with virtual reality is sexy. Thanks to HoloLens glasses that are already mainly used for movies from VRPornStream.com, me.mento3D creates the brothel of the future, which is not only for viewing, but also for touching. For the oldest trade, it was only a matter of time before this would happen. The payment with redBUX token runs virtually, VR sex becomes real. Ingenious!
Pornhub Accepts Verge As Cryptocurrency
The Pornhub website has announced that the Verge cryptocurrency will be accepted as a means of payment. In a blog post Pornhub explained the reasons for this step:
The future has come. As we want to protect the privacy of our visitors, Pornhub will now accept Verge as a payment method for services such as Pornhub Premium and other services on the platform. Building on Verge’s values of security and anonymity, the introduction of the crypto currency is another step towards the future for the industry, which is always at the cutting edge of technology.
In March 2018, Verge announced a mysterious partnership that required 75 million Verge (approximately USD 3,100,000). The partnership could not be guaranteed, but the community managed to raise the money.
Corey Price, Vice President of Pornhub, announced the partnership in a press release:
History has shown that the adult entertainment industry plays a critical role in introducing innovative technologies. We’ve seen that with VHS, Beta Max, credit card payment symbols and most recently VR glasses. We expect crypto and blockchain to be widespread soon.
According to Price, it wasn’t Verge on Pornhub but Pornhub on Verge. The company would have deliberately turned to the Verge team. Currently, Pornhub only uses Verge as its crypto currency. It is questionable whether other crypto coins will follow in the future. The volatility is deterring the company and Price:
The volatility of cryptocurrencies affects subscriptions with recurring payments. Therefore, we do not offer crypto for recurring payments, although we try to do so in the future.
Porn Industry & Cryptocurrencies
Actually, these two areas fit together perfectly. Cryptocurrencies are at least pseudonymous and users could protect their privacy. However, it took a long time for this industry to become aware of crypto technology.
Pornhub was the first major porn partner to be won. Possibly in the future further cryptocurrencies are accepted or however the Pornhub network – consisting of Pornhub, RedTube, YouPorn and others – implements Verge as cryptocurrency.
According to google Internet pornography has a daily turnover of 12.5 million euros. An industry that can be quite lucrative for cryptocurrencies.