Adult Entertainment Website to Reward Viewers With VIT Tokens In A Bid To Incentivize Porn-Watching

By Sumedha Bose

BTC Wires: Arguably the most well-known adult video website PornHub’s subsidiary Tube8, is collaborating with the Vice Industry Token (VIT) to reward viewers for using their services. Tube8 is also an adult video service site and its tie-up with the cryptocurrency VIT is meant to pay users every time they interact with one of Tube8’s contents or services.

According to reports by the HardFork, this move is a stepping stone to the overarching aim of completely tokenizing the platform of Tube8. It is a streaming service which will insert VIT tokens into the website to pay the viewers for watching or using one of their adult videos or adult video services. As Tube8 spokesperson Robin Turner said, this is a novel wish-fulfilling concept that actually pays people for watching porn, an activity usually associated with both pleasure and stigma in an equal measure. To reward it is a unique business idea that the company has come up with to incentivize the already pleasurable experience. As Turner continued, the Tube8 platform, by tokenizing its services, is trying to change how people watch porn. Usually customers or free users sign into a site of their choice, watch the adult entertainment videos of their choice and close the (usually incognito) window to leave. By introducing VIT payments Tube8 will now allow them to be more proactive in their consumption, whereby they try to watch or interact with more content to get more and more VIT tokens.

Before the launch, Stuart Duncan, the CEO of VIT remarked that the platform will make a switch from the Ethereum blockchain to graphene, a forked version of the steem blockchain platform. The token makes use of delegated proof-of-stake while being thoroughly decentralized. As Robin Turner commented, “[It] is the only true working fork of steem in existence”.

Earlier, Playboy TV and Stormy Daniels had taken the initiative to integrate digital currencies into their platform. Both these companies had also announced that they would move on to using the tokens to give incentives to their viewers. The adult entertainment industry has always been receptive to emerging forms of technology and blockchain has clearly made it to their good books as well.

Sumedha Bose

Sumedha uses words as her crutch to get by in life. She takes a keen interest in debating, dancing and destroying the patriarchy in her free time.

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