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Pornhub’s Tube8 to Give Crypto For Watching Porn

Pornhub’s Tube8 to Give Crypto For Watching Porn

Tube8, a service owned by Pornhub will pay users crypto currency for watching adult video, reports The Next Web .

Tube8 has partnered with the Vice Industry Token (VIT) project to tokenize its platform services. In particular, the companies are working on the possibility of offering VIT tokens to users of the Tube8 service for viewing video and performing certain actions.

In a note exclusively shared with Hard Fork, the company revealed it has entered an agreement with Vice Industry Token (VIT) that will see its platform entirely tokenized. The collaboration will enable users to earn VIT tokens for streaming and interacting with Tube8 videos says the report.

According to the representative of Tube8 Robin Turner, the opportunity to receive a reward for viewing porn for many is an “unrealizable dream.”

“But now the advent of VIT marks a paradigm shift in the consumption of entertainment products for adults ,” Turner said. ” If users used to go to the service, watched a few videos and left, now VIT will motivate them to create an account and interact with the content to generate Vice tokens.”

Chapter VIT Stuart Duncan said that the platform will replace the blocking Ethereum protocol Graphene. The latter is characterized by high bandwidth, it is based on projects such as Steem, BitShares, Golos, etc.

Tube8 did not share how its crypto-rewards will be calculated, but chances are the platform will set certain reward limits to prevent users from gaming the system for profits.

One thing users won’t have to worry about is paying extra fees to use their tokens. “There are no fees but [Tube8 and Vice Industry Token] will hopefully benefit mutually by expanding their user bases and increasing engagement with their respective products through this collaboration,” Turner told Hard Fork.

The choice to revamp its platform with a fresh user engagement model makes sense, but the rationale for partnering with Vice Industry Token begs some questions – especially factoring in the heated controversy the token distributor was recently embroiled in.

Earlier there were reports that the world’s most popular pornographic site Pornhub accepts TRON and Verge crypto currency.

Despite Tube8’s insistence Vice Industry Token is the only solution specifically built for integrating token-based rewards, there are tons of other blockchain startups providing similar services – though not all of them are fully centralized (which nullifies some of the biggest advantages of using blockchain).

Indeed, the benefits of Vice Industry Token’s tech to Tube8 are not immediately clear.

That said, Vice Industry Token has managed to strike deals with a number of adult industry household names, including a collaboration with Trump whistleblower Stormy Daniels.

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October 29, 2018
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Nice

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