Cryptocurrency is finding its way into the Porn Industry

For most, this news will come as something that was a logical progression. The pornographic industry was always near the trailblazing communication and financial technologies, so it is no wonder it is catching onto the crypto space.

Of course, many are wondering what are the direct implication of this movement, aside from one or more cryptocurrencies appearing as a payment option for particular porn-related services. Also, the issue of whether or not the tech aspects of the blockchain concept are relevant in the porn industry remains open.

Yet, a recent event from the same field caught the attention of the global media and thus added more interest to the whole topic. Here are the details of the same news and the reason why it reverberated strongly inside of both porn and crypto communities.

Stormy Daniels Official Website Upgrade

The name of the porn star has recently become a regular addition to global news. The porn star who became famous for her alleged relationship with the current US president and the subsequent scandal made her once again a well-known face. In fact, she is more known than at any time in her career.

Yet, the latest piece of Stormy Daniels-related news is not in any shape or form connected to Donald Trump. Instead, it has to do with her private business venture and the way she is monetizing it. Daniels recently added a cryptocurrency payment option to her official website. At the same time, it provides additional options not accessible with any fiat currency.

To do this, her venture created a partnership with the Vice Industry Token or VIT, according to the porn star’s official announcement. As a super-prominent member of the porn industry, Daniels is in a unique spot that allows her to promote change inside of this field that could benefit all those involved.

VIT Project

Before any meaningful change in the porn industry does occur, there is the question of the technology that would support that change. VIT is a good example of a developing area of cryptocurrency tech that is being directed to support this particular industry.

With the Stormy Daniels website, VIT tokens will be used to reward visitors for watching videos. The tokens will then be used to access her premium content or even to purchase other things at sites that support the VIT payment means.

According to Darkreach Communication, a company that is managing the porn stars website, VIT tokens will soon appear at over 20 different porn portals, all of which will support the token. This process can only be described as a building of an ecosystem in which VIT tokens will be both used and traded.

For the president of Darkreach Communication, Rob Murray, this decision is a no-brainer. He stated that with VIT, everyone will go on to make money. This will include the users of the websites in their network, but also the porn performers and the Darkreach Communication themselves. VIT allows that everyone gets a piece of the token cake as long as the content is being consumed.

A General Rise in Interest

The news about Stormy Daniels and Darkreach Communication is just one in the long line of changes of the relationship between cryptocurrencies and the porn industry. Analysts are pointing to the fact that in this field, especially for the end-users, anonymity is always in great demand.

The stereotype of a person who is worried about the fact that their official transactions will showcase a pornographic outlet of some sorts has not died out. Instead, many people are worried, even though this often is very vague, about others learning they enjoy and pay for porn.

Cryptocurrency, at least in theory, offers a means of anonymous money transfers and payments that would be visible to no one in the user’s local bank. At the same time, the number of cryptocurrency users is constantly rising.

BTC is today readily used for any type of online transaction, from purchases to online bitcoin betting and many other things. Adding porn to the whole mix is not a huge issue in terms of the tech that is operated for this purpose.

Pornhub Adoption

One of the biggest online porn providers, Pornhub, is often seen as a technology and marketing trailblazer in the industry. In the past, it managed to get the global media attention by finding mainstream sponsors for their ad space, giving out scholarships and creating promo videos that slowly tearing down the global porn taboo.

Recently, the company started to implement the verge cryptocurrency payment option on their services. This comes after the users of Pornhub requested it and the user base seemed adequate for the company. Now, according to VP Corey Price, the users who do utilize verge will get both convenience and privacy by its use.

The Subsequent Steps

The process of merging industries like porn and crypto is not just an issue of payment options being added. Instead, the concept of Stormy Daniels’ website and services seems to be more on the money. With cryptocurrencies, the catch is to use the additional features to provide a service that goes beyond the simple use of fiat for the same purpose.

The difference is as big as the one that defines regular gaming and eSports. While there is no doubt that eSports competitions also use everyday video games, the context and the purpose are quite different.

Now, Stormy Daniels service will include something that is a mix between an alternative payment system and a loyalty program. Naturally, this is only the beginning of what blockchain can do for purposes similar to this one.

However, for anyone to get the same for their venture, it is important to underline that a process of research and development first must take place. Naturally, there are some out-of-the-box solutions that are available on the market, but these can hardly be expected to provide any type of a significant impact on the whole industry.

Development process asks for money and time to be invested, but the payoffs are potentially much larger. As porn moves into the mainstream area, having these advancements could really end up being the foundations on which a future super-successful porn venture will be built.