Blockchain

Tube8 turns blockchain blue with new crypto platform

Adult entertainment streaming service, Tube8, is looking to reward users’ porn watching habits with cryptocurrency.

The subsidiary of Pornhub, which boasts 10 million users and 150 million monthly website visits, has teamed with Vice Industry Token (VIT) to tokenize its platform. This is set to be implemented by the end of the year and will make Tube8 the first major adult platform to adopt token-based rewards and pay its users for their online activity.

“For as long as I can remember, getting paid to watch porn was always a pipedream; one that was always dreamed about, but never fully realised. Now however, with the introduction of VIT, we are marking a paradigm shift in how people consume adult entertainment,” says Robin Turner, spokesperson for Tube8.

“As opposed to having to fork over money to consume content, which some sites require, our users will get paid to consume our free content. The more they interact with our videos, the more money they earn. So make sure you spend some quality time on Tube8 next time and like, share and comment on our over 1.5 million videos.”

Some of the other adult entertainment sites that will pay fans in VIT to watch and interact with videos include touch.tube, touch.social, HologirlsVR, Elegant Angel, Lexington Steele, and StormyDaniels.com, with others to be announced in the coming months.

Porn pioneers

The adult entertainment industry is increasingly buying into digital currencies. Earlier this year, Pornhub partnered with cryptocurrency Verge (XVG) to accept the coin as a payment option for purchases.

Pornhub Vice President Corey Price said: “History has proven that the adult entertainment industry plays a critical role in adoption for innovative technology. We saw that with VHS, Beta Max, credit card payment icons and, most recently, VR goggles. We expect to see widespread adoption of crypto and blockchain in short order.”

Brazzers is also onboard with crypto payments, whilst porn star Stormy Daniels, best known for her, ahem, special relationship with US President Donald Trump, accepts Vice tokens on her personal website.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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