Thursday, February 22, 2018
PornX(PORNX)-Adult Content On Blockchain
Have you known that Porn industry has come to blockchain? This is about it. Every day there are over 380 million porn industry users making this industry a huge global market. Many people seek out porn but want to maintain their confidentiality when visiting the porn sites or purchasing porn related products. Additionally, in many countries porn is illegal and accessing porn site are virtually impossible much less purchasing content. This is where the growing field of cryptocurrency and blockchain payments can come into play. PORNX has developed a decentralized ERC20 token on Ethereum, which can be used to pay for porn content worldwide using Lightning Network technology. By using the Lightning Network PORNX will receive instant payment transactions that are not only fast but also completely confidential because they do not require any personal information for payments. Payments happen in milliseconds or seconds. PORNX will also have a QR Code function making payments fast and confidential. This platform is developed by Martin Benson and Damian Lerner and is registered in Singapore. The PORNX team has worked to collect a pool of four hundred global porn sites. These porn sites process over 500,000 transactions daily generating more than $35 million dollars in sales. These figures show the potential possible by introducing cryptocurrency payments to these popular porn related websites. These sites are not just limited to video content but also live web cams and pornographic video games.
PornX(PORNX)-Token
PORNX Tokens will be sold for $0.40 each during the pre-sale. The initial coin offering will be 340 million tokens. The limited pre-sale period will run February 11-February 25, 2018 attracting investments in 5,000 ETH.The token sale will run from March 1-March 31, 2018 attracting investments in 70,000 ETH. Investors should be aware that purchasing PORNX tokens is considered high risk but this is true with most cryptocurrency platforms. PORNX uses Custom Application Tokens which can be exchanged through the X-WALL Wallet Application. This wallet system has signed contracts with over two hundred different sites that sell porn, in some cases consumers may receive up to a twenty percent discount when paying using PORNX tokens. X-WALL will be available on both Apple devices and Google Play. PornX is the first Initial Coin Offering that is offering a cryptocurrency that will run through a decentralized lightning network solution. The team behind PornX has proposed itself to help blockchain technology to spread into the daily life of individuals. But this can’t be achieved if one key sector is left behind. We are talking about the porn industry. PornX will unite two worlds in one online platform. The porn industry and the cryptocurrency environment. Cryptocurrencies have important problems. To mention some of them, we have lack of usability, slow transactions and high fees. Furthermore, there is a lack of scalability in several networks that makes the problems even worse. In addition to it, credit card payments also feature several problems. There can be a misappropriation of funds, restrictions of the economy and vulnerability to hacker attacks.
Moreover-PornX(PORNX)
The solution that the team behind PornX thought about was the PornX Coin (PORNX) and the PornX Platform. Let’s have a look at them. The cryptocurrency ecosystem will be represented with a cryptocurrency named PORNX. This cryptocurrency will be an ERC-20 coin based on the Ethereum network. But it is important to mention that it will use Lightning Network. The Lightning Network is one of the most important features of this coin. Most of the cryptocurrencies today charge commissions for confirmation of transactions. As PORNX will be implemented in the Lightning Network, transactions will take less time to be processed and commissions will be near 0. Furthermore, this cryptocurrency will make payments secure and anonymous. Investors that are having a look at possible investments may be considering PORNX to be one of the most promising ones. According to different studies, porn sites receive more regular traffic than Netflix, Amazon and Twitter the combined every single month. Moreover, the industry moves around $100 billion dollars annually and 12% of the revenue comes from the United States. In 2016, Americans dedicated around four and a half billion hours to watching porn on just one porn site in 2016. The potential growth of PORNX can be massive. If just a small part of the industry adopts this cryptocurrency in order to pay for porn content, then PORNX will be a success. PORNX will be stored in a mobile application called X-Wall Wallet. This cryptocurrency wallet will allow the storage and use of PORNX as a currency for paying pornographic content. It will allow users to receive and send cryptocurrencies, pay for goods and services and exchange the funds for fiat money.
Other wallets that will support PORNX are MyEtherWallet, imToken, METAMASK and Coinomi. PORNX will also have liquidity in the market by being listed in different exchanges like EtherDelta, HitBTC and coingorilla.io. In the future, the team will work in order to provide more liquidity to PORNX. Besides that, PORNX has been focused on security issues. With this cryptocurrency it will not be necessary to enter the personal data on the payment page and scammers will not have the possibility to get personal information from the users. Being secure does not mean that transactions will be slower or with higher fees. As explained before, with the innovative Lightning Network, PORNX will be able to reduce transaction times and fees. There is an important interest of different companies to implement the PORNX cryptocurrency to their platforms. We can mention some of these sites: thepornlist.net, Brazzers, DorcelTV, Livejasmin, JapBox among others.
PornX(PORNX)-The Conclusion
Unlike many similar cryptocurrency platforms, PORNX does not actually have a website but just a link to their online whitepapers. It is unclear where investors can purchase PORNX tokens. By offering a new payment option for the porn consumers PORNX is helping people around the world maintain their privacy when enjoying videos, webcams, and pornographic video games. While cryptocurrency is less common than old-fashioned credit card payments many people may consider trying cryptocurrency due to the privacy it gives them when purchasing porn. This platform and payment system is a great option for porn lover show want to access porn content in countries where it is illegal. PORNX payments also allow consumers to purchase porn from the United States even while living in Asia. This cryptocurrency platform has millions of potential users due to the stigma around porn and the privacy porn consumers seek to maintain.
Join with us,
Official Web : https://porn-x.com/#
Whitepaper : https://porn-x.com/documents/PornX%20WhitePaper.pdf
Email : info@porn-x.com
Telegram : https://t.me/PORN_coin
My bitcointalk profile details,
Name : waru
Bitcointalk link : https://bitcointalk.org/index.php?action=profile;u=1232324
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