Tube8, a free pornographic video service and a subsidiary of Pornhub, the 27th most famous website in the world, is collaborating with the Vice Industry Token (VIT) to reward viewers for getting involved in the platform’s activities.
As indicated by Hard Fork, the pornographic website Tube8 has teamed up with the Vice Industry Token to integrate the VIT token into the adult entertainment site. Following the collaboration, visitors of the porn portal will be able to get rewarded in crypto tokens for watching videos and interact with the platform’s services.
“For as long as I can remember, getting paid to watch porn was always a pipedream; one that was always dreamed about, but never fully realized,” Tube8 representative Robin Turner told Hard Fork. “Now however, with the introduction of VIT, we are marking a paradigm shift in how people consume adult entertainment”:
“As opposed to having to fork over money to consume content, which some sites require, our users will get paid to consume our free content,” he continued. “The more they interact with our videos, the more money they earn.”
The Steem blockchain instead of the Ethereum one
Preliminary to the release, VIT CEO Stuart Duncan claimed the company will change the Ethereum blockchain with a version of the Steem blockchain, known as graphene.
“VIT uses [delegated proof-of-stake] and is fully decentralized. [It] is the only true working fork of steem in existence,” Turner added.
The porn video service did not reveal the mechanism by which the rewards will be calculated. However, it is assumed that the pornographic website will set a limit in order not to lose the company’s earnings.
In addition, Turner told Hard Fork that there is no worry about paying extra commissions. “There are no fees but [Tube8 and Vice Industry Token] will hopefully benefit mutually by expanding their user bases and increasing engagement with their respective products through this collaboration”.
At the time of writing, Vice Industry Token has a market cap of $1,934,128 and is traded at $0.008382, up 5.53%.