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Learning & News => News related to Crypto => Topic started by: CryptoGirl on April 19, 2018, 09:34:05 PM

Title: Verge partners with Porn sites to accept it's coin
Post by: CryptoGirl on April 19, 2018, 09:34:05 PM

Quote

Porn streaming site Pornhub has announced a partnership with cryptocurrency Verge (XVG) and will now accept the coin as payment for Pornhub Premium and all Pornhub purchases, according to a press release published today, April 17.

Pornhub’s website promoted the partnership with a short YouTube video, titled “The Future Has Cum,”

Pornhub Vice President Corey Price said in the press release that “[n]ot only is this an exciting announcement for us and the adult entertainment industry, it's exciting for the crypto space”:

    “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."

Price’s words echo that of the fictional grandfather, who says in the Pornhub-Verge promotional video that “when Pornhub starting accepting Verge, it was only a matter of time before everyone else caught on. The future had finally come.”

Verge, which is built on the Bitcoin (BTC) Blockchain, uses Tor and I2P networks to maintain its anonymity, the press release notes.

Justin Sunerok, the founder of Verge, said that the Pornhub partnership “represents an enormous market with a global reach that will compete with fiat currencies.” The press release notes that pornographic production company Brazzers and adult gaming portal Nataku will also begin accepting Verge for payments.

Beyond the promotional YouTube video, Pornhub notes that is will put on events in New York City and Silicon Valley with “renowned pornstar Asa Akira in an armored truck and Escalade fleet, as well as Bridgette B and Alix Lynx accompanied by an armada of luxury cars including a Lamborghini, Ferrari and Bentley.” The pornstars will promote the partnership by giving away Verge coins.

Cryptocurrency and Blockchain have been adopted before in the adult entertainment industry, which often values the anonymity of the crypto sector.

https://cointelegraph.com/news/pornhub-starts-accepting-verge-as-payment-calls-the-move-critical-for-crypto-adoption