Adult content platform Tube8, owned by Pornhub, announces plan to reward viewers with cryptocurrency for streaming adult content online.
Rewritten Article:
Cryptocurrency Meets Adult Entertainment: Tube8's Tokenized Revolution
Get ready to earn some cryptocurrency while watching your favorite adult content, thanks to Tube8 - a subsidiary of Pornhub with over 10 million subscribers and 150 million views a month that's about to shake things up! By the end of the year, Tube8 will be the first adult site to embrace a token-based reward and payment system on a blockchain platform.
Tube8's partnership with Vice Industry Token (VIT) aims to reward viewers with cryptocurrency for their content consumption, transforming porn-watching into a potentially lucrative affair. While the exact mechanism for earning remains unspecified, the tokenization of the platform promises increased viewership and, potentially, opportunities for building a career in the adult entertainment industry.
Pornhub's foray into cryptocurrency might just spark another revolution in the adult entertainment industry, much like how porn films catalyzed the adoption of VHS in the '70s and DVDs in the early 2000s. With this trend, the tokenization of the adult entertainment sector could become the norm.
As viewers create accounts and engage with uploaded content, they'll start earning VIT tokens - an ERC20 token built on the Ethereum blockchain. Robin Turner, a Tube8 spokesperson, emphasizes the significance of this paradigm shift:
"For as long as I can remember, getting paid to watch porn was always a pipe dream; one that was always dreamed about but never fully realized. Now, however, with the introduction of VIT, we are pioneering a new era in how people consume adult entertainment."
However, the Ethereum blockchain may not be the ideal platform for handling Tube8's massive 150 million monthly views. VIT will need to migrate to a more robust blockchain like the forked version of Steem, known as Graphene, designed to handle up to 100,000 transactions per second. By adopting this technology, both content consumers and producers can enjoy anonymity while earning from their interactions.
With this revolutionary partnership, content creators will benefit from an additional income stream, while viewers get incentivized to engage more deeply with content. The partnership will also foster a more interactive community, where both creators and viewers derive pleasure and financial rewards.
Of course, the partnership isn't without its legal and ethical considerations. Platforms must comply with local laws and regulations regarding adult content and cryptocurrency transactions. Protecting user data and maintaining secure transactions is also essential. But, if navigated effectively, the Vice Industry Token and Tube8 collaboration could lead to an exciting future where adult content consumption becomes both entertaining and financially rewarding.
- The Vice Industry Token (VIT) partnership with Tube8, an adult site, aims to reward viewers with cryptocurrency for content consumption, creating a potentially lucrative environment.
- Tube8's token-based reward system, built on the Ethereum blockchain, will issue ERC20 tokens (VIT tokens) to viewers who create accounts and engage with content.
- To accommodate Tube8's massive traffic of 150 million monthly views, the VIT token may need to migrate from Ethereum to a more robust blockchain like the Graphene-based Steem fork, designed to handle up to 100,000 transactions per second.
