Is anyone still trying to make that, er, connection? If not, anyone have the lowdown on why the effort foundered?
I do and spoke to the developers many times about it.
I have signed up studios in Hungary and Romania. these are well established studios with super models. they are ready to switch, the 90% pay out is an incentive.
The developers demoed the system for us. the web site was ready for a long time ago. the studios liked the Jizzmo web site.
Everything was ready to go, but the August-September BTC volatility came. it was 30% swing in BTC price twice and I couldn't demonstrate the studios how the volatility can be eliminated.
The studios wanted to receive a fix amount for each minute broadcasting, but the devs couldn't get instant BTC to USD exchange from any payment providers for high volume. I couldn't get either. The big Romanian studios generate 1 million USD per month. very big amount and the payment providers won't instant exchange that for a startup adult business. it was offered me 5000 US dollar exchange per month. the studios laughed me when heard that amount.
So that's what did it...no volatility-buffering payment provider with any volume. A shame.
Hey Nxtblg!
The Bitcoin market produces the same problem again. 30% volatility in 4 days. BTC $460 to $350. Coinbase and Bitstamp don't offer large volume instant BTC to FIAT exchange -> I need to cover 30% losses for studios because they want a flat 2$ for 1 minute video show. They don't care about the BTC price. big studios generate 1 million $ per month traffic. Impossible to run a serious 1 million $ per month volume business on Bitcoin.