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Topic: [2018-06-28] Pornhub Will Now Take Your Tron (TRX) and ZenCash (ZEN) (Read 204 times)

member
Activity: 308
Merit: 10
Pornhub and Brazzers are making great decisions this year. They have both decided to accept cryptos and it's good Pornhub extended its further to include more coins. I think Brazzers also accepts Verge (XVG). Let's hope everyone follow suit to help with the crypto adoption.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Not Amused
Earlier this year in April, Pornhub entered into a partnership with Verge cryptocurrency where XVG became accepted as a means of payment. Prior to the deal Verge had engaged in a crowdfunding exercise aimed at raising money needed to secure the partnership. At the time the hype that was generated was so high that when the partnership turned out to be with Pornhub, many deemed it anti-climactic.

It has also become apparent that some enthusiasts, investors and hodLers of XVG assumed the partnership with Pornhub would be exclusive and they are now not too thrilled with the adult entertainment firm accepting ZEN and TRX.

this is something that made me very angry, I when I bought XVG had expectations that they were partnering with a very large and important company, this because the XVG team was doing a lot of suspense about such a partnership, but after I saw that to such a partnership was Pornhub, I sold all my XVG today reading this news, it seems that to make such a partnership is not so difficult and not a big deal, I feel like an idiot
hero member
Activity: 2996
Merit: 609
Why would one of the biggest players in the Adult entertainment industry, decide to go with a virtually unknown Alt coin like Tron (TRX) and ZenCash (ZEN)? The only logical reason for this, must be that they bought a significant amount of these coins, before they announced this decision.  Undecided   or these developers are paying massive kickbacks to Pornhub for listing them.  Angry

Why would you ignore Bitcoin with the biggest support base? The advantage of the anonymity features of these coins can be easily countered, if mixer services were used by these customers. They could even have bought one of these mixer services and received additional income from the mixing of the coins.  Roll Eyes   << Tron and ZenCash are not privacy-focused cryptocurrencies >>

a good point,they started to accept cryptocurrencies back in April
it went pretty unnoticed since it was some godforgotten currency Verge (ex dogecoindark)
https://www.theverge.com/2018/4/17/17244916/pornhub-cryptocurrency-verge-xvg
the only reason to accept it is to either worry about their customer's privacy or to get some monetary reward from the deal
since there are coins that offer more privacy and that are way more popular- XMR,for example,the getting paid to list is the only viable explanation

Yes, the decision on what currency would be used was highly controversial, because if "privacy" was their main objective, then they would have gone for one of the privacy focussed coins, like : Dash / Monero etc.

The other possibility could be that they did not do proper research and just went for the company that offered them the highest kickback to use their currency on their platform.
Clear as the sunlight on where these porn industries do head up to which isnt on the privacy on its users because coins being mentioned doesnt really suit out on the word "Privacy" . XVG,TRX,ZEN?
I dont even know on whats their criteria why picking up this coins which we can really make presumptions that dealings between this two parties do really involve big money  Grin
legendary
Activity: 2016
Merit: 1107
I have so many Tron that if I don't shoot, I'll watch porn)))

if you have enough Tron-go get yourself a cryptoenthusiast girl instead,haha
but now we all know that Tron is actually useful for something  Grin
but jokes aside,this could make TRX cost way more:Pornhub,Cropbytes,game.com partnership
could be wise for you to HODL TRX while it is relatively cheap
you never know,could be next ETH for the gaming industry
full member
Activity: 378
Merit: 100
I have so many Tron that if I don't shoot, I'll watch porn)))
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Why would one of the biggest players in the Adult entertainment industry, decide to go with a virtually unknown Alt coin like Tron (TRX) and ZenCash (ZEN)? The only logical reason for this, must be that they bought a significant amount of these coins, before they announced this decision.  Undecided   or these developers are paying massive kickbacks to Pornhub for listing them.  Angry

Why would you ignore Bitcoin with the biggest support base? The advantage of the anonymity features of these coins can be easily countered, if mixer services were used by these customers. They could even have bought one of these mixer services and received additional income from the mixing of the coins.  Roll Eyes   << Tron and ZenCash are not privacy-focused cryptocurrencies >>

a good point,they started to accept cryptocurrencies back in April
it went pretty unnoticed since it was some godforgotten currency Verge (ex dogecoindark)
https://www.theverge.com/2018/4/17/17244916/pornhub-cryptocurrency-verge-xvg
the only reason to accept it is to either worry about their customer's privacy or to get some monetary reward from the deal
since there are coins that offer more privacy and that are way more popular- XMR,for example,the getting paid to list is the only viable explanation

Yes, the decision on what currency would be used was highly controversial, because if "privacy" was their main objective, then they would have gone for one of the privacy focussed coins, like : Dash / Monero etc.

The other possibility could be that they did not do proper research and just went for the company that offered them the highest kickback to use their currency on their platform.
full member
Activity: 392
Merit: 100
Oh, God. From Darkweb to Pornhub, I don't really see cryptocurrency getting out on the negative side.  This will just lead on more porn companies and services to accept crypto and the image of bitcoin and altcoins are all meant to pay porn videos. I hope a real good news will come out soon.
legendary
Activity: 2016
Merit: 1107
Why would one of the biggest players in the Adult entertainment industry, decide to go with a virtually unknown Alt coin like Tron (TRX) and ZenCash (ZEN)? The only logical reason for this, must be that they bought a significant amount of these coins, before they announced this decision.  Undecided   or these developers are paying massive kickbacks to Pornhub for listing them.  Angry

Why would you ignore Bitcoin with the biggest support base? The advantage of the anonymity features of these coins can be easily countered, if mixer services were used by these customers. They could even have bought one of these mixer services and received additional income from the mixing of the coins.  Roll Eyes   << Tron and ZenCash are not privacy-focused cryptocurrencies >>

a good point,they started to accept cryptocurrencies back in April
it went pretty unnoticed since it was some godforgotten currency Verge (ex dogecoindark)
https://www.theverge.com/2018/4/17/17244916/pornhub-cryptocurrency-verge-xvg
the only reason to accept it is to either worry about their customer's privacy or to get some monetary reward from the deal
since there are coins that offer more privacy and that are way more popular- XMR,for example,the getting paid to list is the only viable explanation
full member
Activity: 420
Merit: 142
The biggest announcement in crypto, they said. The future has cum.

Who in verge would have anticipated this move from Pornhub? I share the sentiment expressed above, Pornhub is currently playing the crypto scene. They hold all the trump cards, and there’s a long queue of cryptos with large bags
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Why would one of the biggest players in the Adult entertainment industry, decide to go with a virtually unknown Alt coin like Tron (TRX) and ZenCash (ZEN)? The only logical reason for this, must be that they bought a significant amount of these coins, before they announced this decision.  Undecided   or these developers are paying massive kickbacks to Pornhub for listing them.  Angry

Why would you ignore Bitcoin with the biggest support base? The advantage of the anonymity features of these coins can be easily countered, if mixer services were used by these customers. They could even have bought one of these mixer services and received additional income from the mixing of the coins.  Roll Eyes   << Tron and ZenCash are not privacy-focused cryptocurrencies >>
sr. member
Activity: 643
Merit: 253
I think this move was done more because of the publicity in crypto community, than actual need for Tron or Zen payments. I don't think they expect many payments in TRX and ZEN. They have been accepting Verge for few months now, it would be interesting to see how many users payed with Verge.
legendary
Activity: 2016
Merit: 1107
finally!!!
just kidding  Grin,but Pornhub and Brazzers make smart moves and are way ahead of many more ... orthodox businesses here
they relaised that their customer's desire for privacy combined with the growing interest for cryptocurrencies
opens great opportunities to entice new customers who would not want to be traced (although Pornhub and porn industry in general will soon become not a taboo but rather mainstream)
newbie
Activity: 99
Merit: 0
That the porn sector is an early adopter of new technology is cliché. Still, this has been proven once more with adult entertainment firm, Pornhub, announcing that it has begun accepting Tron (TRX) and ZenCash (ZEN) as a means of payment. With TRX and ZEN coins, consumers of adult entertainment will now be in a position of accessing premium content on Pornhub and its affiliated sites including Brazzers.

According to ZenCash, which is a Zcash fork, there are more than 115 million users who visit Pornhub and its affiliated websites on a daily basis making it the largest group of adult entertainment websites in the world.

No Paper Trail, no Worries
Per the co-founder of ZenCash, Robert Viglione, the anonymity-enhanced cryptocurrency makes use of the best privacy technology available in the market. As a result consumers of adult entertainment content will be able to pay for premium services without worrying about getting outed.

“We are excited to provide a private payment option for over 115 million daily users on the MindGeek [Pornhub’s parent company] websites! The exposure to the digital entertainment industry provides an excellent use-case for ZenCash by giving individuals the ability to pay for digital entertainment privately without fear of exposure. ZenCash uses the best privacy technology available in the market,” said Viglione.

For Tron, the announcement comes a few days after Tron marked its Independence Day by activating its mainnet upon migrating to an independent public blockchain from the Ethereum network. To commemorate the big day Tron Foundation burnt TRX coins amounting to one billion and estimated to be worth approximately $50 million at the time. The total distribution of TRX is now 99 billion.

Tron’s User Base Expanding
With the goal of Tron being to become a decentralized content-sharing platform that eventually leverages peer-to-peer and blockchain network technology, a partnership with Pornhub is a big step towards building a user base.

This strategy was also recently on display following the acquisition of file-sharing website, BitTorrent, which boasts of around 170 million users, by the founder of Tron, Justin Sun. According to reports, Sun paid $140 million for the file-sharing firm which was founded in 2014 and whose investors included DCM Ventures and Accel Partners.

Not Amused
Earlier this year in April, Pornhub entered into a partnership with Verge cryptocurrency where XVG became accepted as a means of payment. Prior to the deal Verge had engaged in a crowdfunding exercise aimed at raising money needed to secure the partnership. At the time the hype that was generated was so high that when the partnership turned out to be with Pornhub, many deemed it anti-climactic.

It has also become apparent that some enthusiasts, investors and hodLers of XVG assumed the partnership with Pornhub would be exclusive and they are now not too thrilled with the adult entertainment firm accepting ZEN and TRX.

https://www.ccn.com/pornhub-will-now-take-your-tron-trx-and-zencash-zen/
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