Topic: [ANN] VICE - The Revolutionary Adult Cryptocurrency - page 4. (Read 22454 times)

The website has been recently updated. Now, it only lacks of links to the external third party websites related to VIT. Hopefully development is going smooth and soon we hope to see some good rewarded streaming action!

Well this sure looks interesting. I'll definitely be following this. I looking forward for more information

I do not really think this project is really good, we know, some countries have different rules about adult videos.
but i want to know details about the project.
we need paid the token to download video ?
we share the video to other website and the others would not need paid the token?
how can you made the customer keep download the video in your platform?

any update on new roadmap or any news

whats revolutionary about this token?

It would be a future if this project had the cooperation of many big partners and they could use the ecosystem of VIT to develop. I think this is still a long way since there are so many competitors that want to compete in the industry and Vice Industry is not mentioned much, which can affect the prestige and success of the project because of the project is losing investor confidence

teams and participants who join this project will always strive hard to achieve the success of this project because everyone involved in this project also expects satisfactory results for the future of this project.

I keep in this idea and hope  it ought be useful!
Promising job, impeccably website.  Good luck fellows!

 
 
What's the Vice Industry Token—A Crypto for Porn?
By Rakesh Sharma | Updated May 25, 2018 — 2:25 PM EDT
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Getting paid to watch porn might be a fantasy for some, but the Vice Industry Token (VIT) is attempting to make it a reality.  The ERC 20 token, which has recently received a vote of confidence from porn star Stormy Daniels, plans to change the adult film industry’s economics with its innovation. It is built on top of a blockchain fork off Steem, a chain that similarly rewards users for content, and has been adopted by the likes of Playboy Enterprises Inc. for their online wallets. VIT concluded its token offering recently. (See also: Playboy Rolls Out Its Own Cryptocurrency Wallet.)

A Race to the Bottom
As outlined in VIT’s whitepaper, subscriptions to online content account for a minority of revenues in the adult film industry. Producers mainly recoup costs through traffic (generated from Google and affiliated websites) and advertising. Ad rates depend on engagement with content measured through an assortment of factors, from viewing time to clicks on a site or a video. The revenue split is mainly a result of the peculiarities of the internet’s ad-supported business model, which rewards free content over subscriptions. (See also: Steemit: The Disruptive Blockchain-Based Media Community.)


But it is a not a successful or profitable model. Free content has resulted in a proliferation of websites and a race to the bottom in terms of content quality and advertising rates. According to the VIT white paper, adult content creators and affiliated websites and programs generate only 24% of total revenue. “Advertisers earn very little of overall adult revenue, content producers earn even less, and viewers earn nothing,” the white paper says. VIT’s token is an attempt to rectify this state of affairs.

How Does the VIT Token Work? 
Here’s how the system works: Each stakeholder in the adult industry value chain uses tokens to engage with the product. Viewers are rewarded for watching and engaging with porn videos through VIT tokens. The folks behind VIT claim that these tokens are a step up from traditional metrics used to measure viewer engagement in that they also record metrics from other silos, such as social media interactions, comments and likes. Instead of relying on third parties for this data, adult film producers can use token data to find out more about viewer preferences and tailor future content accordingly. The direct connection between producer and viewer through blockchain technology will help result in an “ongoing feedback loop” beneficial to the adult movie ecosystem. It will also provide content producers with another stream of revenue in the form of viewer engagement data that can be resold to other parties, such as advertisers interested in such information.

why not put all the information about the token here. this announcement. and not the top sites where they place links to the site

This project is indeed interesting and I also believe it will be a lot of participants who provide support to the project in order for the many investors who join with this project.

It looks of this business will be better in the near future. Interesting job, outstanding project, cerebral vision!  Good luck dev's.

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Vice+Industry+Token+%28VIT%29&SortBy=0 - Already today 

there will be many who are interested in this project, because the concept given by this project is very interesting and the team involved is also seen to be responsible certainly there will be no doubt investors to join.success for the future of this project.

The project has updated the website now.

Besides that you can view adult content, you can also bet without using bookmakers.

 In principle, I think it's good

You are getting paided in tokens to watch porn video's on the website


What is wrong with you?

I wish this project will be smash!
Conversant job, flawless job, riveting idea.

The white paper says they focus on Kidde porn? Isn't that illegal in the US and you can be arrested and classified as a sex offender if they find  it on
computer plus its recorded in the block. Sounds like a sting op to lock up all the sickos.

This is the roadmap of there ICO if you want but definitely not the roadmap people are waiting for !!