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Pornhub claims that cryptocurrency makes up less than 1% of service payments

According to a Pornhub spokesperson, less than 1% of payments on the platform are made using cryptocurrency tokens.

Written by Becky Leighton Published on

It has been revealed that cryptocurrency payments make up less than 1% on mega adult entertainment company Pornhub’s platform.

According to a report by Hard Fork, a Pornhub spokesperson told that the digital currencies are not a popular payment at present, but that they company “expect[s] to see widespread adoption of crypto[currency] and blockchain on our site in the near future.

Payments on the adult platform were initially announced in April. The only cryptocurrency accepted at the time was Verge. Since then, Pornhub integrated other digitals currencies TRON and ZenCash as payments means.

Users will also be able to purchase premium services using PumaPay too, as was announced in August. It has not been detailed as to when this integration will take place. However, PumaPay has suggested that it will be in the first three months of next year.

Hard Fork reports that any new features that might appear owing to the new cryptocurrency partnership might only emerge next year. A PumaPay spokesperson expressed to Hard Fork that the company has taken on over 60 “partners”. These interested parties are wanting to invest in including the token as a payment solution.

Read more: A roundup of porn services on the blockchain

After Pornhub’s latest cryptocurrency update, it was announced adult entertainment news, the subsidiary company of Pornhub, Tube8 would be launching a platform which would pay users to watch adult videos.

Tube8, partnering with VIT, hopes to create an entirely tokenized platform. The network would allow customers to watch and interact with Tube8 videos all the while earning the VIT tokens.

At the time of the announcement, Tube8s Robin Turner told Hard Fork that this new network will offer users the chance to live the dream that he always had which is “getting paid to watch porn“. Turner explained that users will no longer have to “fork” out money to see individuals spooning – or using other utensils – but will also “get paid to consume [their] free content”:

If this platform takes off, then the percentage of crypto-interested porn-subsribers might see a rapid increase from the current 1% it is sitting on.

Written by

Internet writer looking to find the right piece. Also presents things on radio and happens to be a chip off the old blockchain. @BeckyRLeighton

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