Gemini’s new HQ in Ireland as part of Euro expansion
Cryptocurrency exchange Gemini has announced Ireland as its European headquarters amidst regulatory uncertainty in the US.
Pornhub, the adult entertainment titan, has exposed that it has plans to build an entire blockchain on which to put its subsidiary company, Tube8, in order to offer customers the opportunity to earn cryptocurrency
According to Hard Fork, the company partnered up with Vice Industry Token (VIT) which will work to create the platform which will be entirely tokenized. The union will allow customers to watch and interact with Tube8 videos all the while earning VIT tokens.
Apparently, users who are eager to earn with pleasure should not “get too excited prematurely” as the implementation of the rather-adult blockchain will only be released towards the end of the year.
Robin Turner of Tube8, 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”:
“Considering the popularity of cryptocurrency right now, it only made sense to pay [users] for watching, and interacting with, our videos. We value their attention and want to keep them coming back for more!”
Hard Fork also noted that “before you get too excited about turning your pornography addiction into a career, there are a few red flags you should know about” and continued to point out that although porn in an anonymous industry might seem like a thrilling concept, there are still kinks to iron out, such as the size – which Hard Fork claims really does matter – of the blockchain as well as the unclarity of what the benefits are specifically.
Despite the ambiguity, this potential offer will certainly greatly incentivize using an enterprise, albeit in an industry which hardly any help, and it’s likely that Tube8 customers will be just as excited to get their mind blown by the concept of paid pornography.
VIT has become synonymous with adult entertainment, and the likes of Playboy Enterprises and VRPorn have jumped into bed with the company to offer customers the option of paying with digital currencies but this is the first time that a company has offered to pay for pleasure.