Wait ,what? yes its true and this idea has a lot of potential,it is also interesting to note that this idea has been inspired by the BRAVE browser.the same idea is to be implemented here,the only difference being that this a pornographic website. I know a lot of people are excited to hear this news..so, am i..like who woudn't want to earn money just by jerking off in front of the screen. Anyways let's dig lil bit deeper into the article..
In a recent interview with cointelegraph, PornVisory's founder, Veronica Noschese, Quotes that "there’s a natural synergy between the cryptocurrency and pornography industry, which desperately needs anonymous financial systems."
For consumers, cryptocurrencies promise a new type of anonymity. Although Hawkins argues that adult companies do a good job of trying to protect the privacy of their customers, porn buyers classically (and with some merit) fear that people in a bank or in their homes will be able to tell not just that they consume adult material, but what kinds, through their card statements. Cryptocurrencies, on the other hand, explains Sol, publicly record every transaction on a decentralized ledger, but use a pseudonym, potentially making it much more difficult for anyone to track a person’s porn habits.
As examples, Noschese also pointed out to PayPal incident which includes banning Pornhub from its system in 2019 and the porn giant's subsequent decision to support the Verge (XVG) cryptocurrency in 2018. However ,In January, Pornhub also started accepting the Tether (USDT) stablecoin as a payment option.
she also added by saying that “In the porn industry there are a lot of issues regarding privacy and reputation. For example, even the biggest name in the industry, Pornhub, saw its account blocked by PayPal. Also, you might not want to pay your Premium account to watch porn with the bank account you share with your wife.”
Noschese said that her company’s platform is inspired by the Basic Attention Token (BAT). The users of Brave Browser — the privacy-focused web browser with an integrated ad blocker — receive BAT for enabling special ads. Similarly, users viewing PornVisory’s content will view ads and be compensated in PVY tokens. [ Click here learn more about brave browser ]
“Inspired by the Brave browser we decided to do something similar but related to the porn industry. The concept is simple: users will be paid to watch porn videos and when he/she interacts with the Pornvisory platform in general.”
So far,the only con is with the language in which the website is bieng hosted. PornVisory website is just an Italian-language adult industry news outlet, but it soon will also add an English-language news section, a third-party porn video website and a livestreaming platform.
There won't be an intial coin ofeering, but....
According to Noschese, PornVisory has no plans to conduct an initial coin offering but will instead airdrop some of the tokens as a marketing ploy. The project is, so far, financed with the founder’s own funds, but Nochese plans to seek funding from other investors once the platform gains attraction.
Noschese explained that she has worked as a marketing professional in the adult entertainment industry for a long time, which has allowed her to develop advantageous connections that could be leveraged for future partnerships. She plans to use those connections to enable PVY holders to spend their tokens in sex shops or to tip performers on streaming platforms.
Mauro Baeli, the CEO of Deepit — the Swiss firm responsible for the blockchain aspect of the project said that his firm believes the ideas behind PornVisory have great potential:
“We believe that PornVisory will succeed if they'll be able to sharpen the focus in a specific segment of their industry. The use of the blockchain tools will surely put them one step beyond.”
