Crypto versus adult industry

There is no better combination than porn and cryptocurrencies. These two niches go hand in hand, their users seek anonymity, security, fast (instant) payments and doing everything from comfort of their homes or any other place that their fetish desires.

Let's look at one of the lead blockchain projects which aims at porn industry, particularly at camming. The project I have in mind is called AdultChain. Its main product is a P2P camming platform (live streaming) with integrated cryptocurrency wallet and a decentralized marketplace that will allow webcam models/performers to sell their content, merchandise, undies, sex toys etc. The integrated wallet is a very important aspect, because once the performer receives a payment from one of the users then the performer is fully in charge of those funds.

There will also be very low fees on the platform in comparison to other live streaming websites! This feature is going to be groundbreaking for performers who currently must pay 30% - 50% fees to providers of centralized camming platforms.

Adultchain will implement accredited age verification process which is an important and necessary feature as the team doesn't want to end up in jail, if some teenager would decide to get naked on their platform. This will protect all performers and viewers on the platform.
Another great feature is that the performers and the users won't have to worry about 3rd party payment processors or their banks, which pretty often block financial transactions coming from camming sites, because in the eyes of these financial institutions the adult industry is considered high risk, so not all of these institutions want to work with adult models or performers. Not to mention another 5% - 10% fees that must be paid along the way through the payment processors (PayPal, Skrill...).

AdultChain is running it's own blockchain and is emitting it's own coin – XXX. There are currently nearly 45 million of XXX coins in circulation and the total supply is 100 million XXX coins. These coins will be fueling the platform, which means that every transaction within the platform will be made in XXX. Coins are distributed via POS (proof-of-stake) and masternodes. Simply said, POS means that anyone holding any amount of coins in AdultChain wallet, which must be open 24/7, will receive rewards for staking. The more coins a person holds the more frequent rewards he or she will receive. On the other hand, distribution via masternodes means that anyone holding a specified amount of coins (so-called collateral, in this case 20 000 XXX) can run a node on VPS (virtual private server), contribute to the network and receive regular rewards in XXX coins. Running a masternode is usually more profitable than simple staking in the wallet, but if you don't have 20k XXX coins then staking is the second best choice.

Let's wrap it up, if you are a webcam model then the AdultChain platform offers you P2P HD live streaming, low fees, instant payments, no censorship, decentralized marketplace, wide audience and easy-to-use user experience. From viewer's point of view, the platform will be as easy as it can possibly be; make simple registration, load your platform wallet with XXX coins and you are ready to enjoy yourself, tip the models and/or buy their merchandise.

The adult.gg platform should be fully functioning by the 4th quarter of 2018, so we have much to look forward to. If you want to know more information about this project, join Adultchain Discord, where you can chat with the team and growing community, check their website, stake some XXX coins or set up your own masternode.

Links:

Discord: https://discordapp.com/invite/nqpbVtN
Web: https://adultchain.me/
Whitepaper: http://adultchain.me/AdultChainWhitepaper.pdf
Platform (beta): http://adultchain.live/
Explorer: http://explorer.adultchain.xxx/
Github: https://github.com/AdultChain/AdultChain/releases
Bitcointalk: https://bitcointalk.org/index.php?topic=3296722.0
Twitter: https://twitter.com/adultchainxxx
CoinmarketCap: https://coinmarketcap.com/currencies/adultchain/