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Topic: [SPANK] SpankChain - Do porn coins have a chance? UPDATE: Yes SPANK has :) (Read 704 times)

full member
Activity: 351
Merit: 101
I am sure they are extremely good at spending crowdfunded ICO founds. For ICO is important to be a least top at something.  
You mean they're very cost effective?
legendary
Activity: 2730
Merit: 1288
I am sure they are extremely good at spending crowdfunded ICO founds. For ICO is important to be a least top at something.  
full member
Activity: 351
Merit: 101
Hi.. does anyone know the Contract Information Address to add SPANK to MyEtherWallet ?
0x42d6622deCe394b54999Fbd73D108123806f6a18

The token is being traded below ICO price and the project is still alive https://medium.com/spankchain/development-update-009-february-5-2019-d951a1a29fdb
Might be a good time to buy some now.
newbie
Activity: 9
Merit: 0
Hi.. does anyone know the Contract Information Address to add SPANK to MyEtherWallet ?
member
Activity: 112
Merit: 23
"Get Paid to Play your Media on Current"
Don't miss their AVN livestream on their website https://spankchain.com. Could give some extra attention to the project

lol. I was expecting a bunch of pornstars to be celebrating and partying in bikinis. Sexy, but worksafe. Boy, was I wrong.  Cheesy It was definitely a live demo of what the cam services are going to look like, to say the least.
newbie
Activity: 11
Merit: 0
SPANK is just recovering from the dip. Think it's a good chance to come in for everyone who missed the train initially. Bought some more too  Grin
newbie
Activity: 11
Merit: 0
Don't miss their AVN livestream on their website https://spankchain.com. Could give some extra attention to the project
newbie
Activity: 61
Merit: 0
It has a chance, especially since it is on Bitfinex. It will get good volume there. I find it hard to believe that the marketcap is almost 200 million.

when it was added to Bitfinex the trading volume really went up and so did the price, the marketcap was $250 million at one point


What's up with only 1/3 of the tokens being in circulation ?
What are the plans for the other tokens ?

from their FAQ:

300m ICO
160m to team members and advisors, with 12 month lockup.
540m reserved for platform subsidies, industry partners, strategic incentives, with 95% of that commited to 6 month lockup.
full member
Activity: 714
Merit: 100
Pornstars are already buying promising coins Cheesy


https://twitter.com/brennasparksxxx/status/949443783841562624


lol really? that was cool. pornstars is indeed suite with these kind of coins because they oftenly use pornsites or worked at a porn production because that was their job and i think those pornstars are also the best to use as a model for these type of porn coins. overall spankchain's spank is gonna be a hit sooner or later due to the fact that porns these days is kinda indemand to the netizens especially for those who uses a crypto as form of payment gateway online.
sr. member
Activity: 322
Merit: 250
It has a chance, especially since it is on Bitfinex. It will get good volume there. I find it hard to believe that the marketcap is almost 200 million.

What's up with only 1/3 of the tokens being in circulation ?
What are the plans for the other tokens ?
sr. member
Activity: 2632
Merit: 328
newbie
Activity: 11
Merit: 0
and it can be found in free access on the Internet.

Nevertheless pay sides generate billion of $. So theres a big market which is willing to pay for it
legendary
Activity: 1358
Merit: 1000
I do not think that such coins have a prospect. In many countries, porn is prohibited and it can be found in free access on the Internet. Perhaps only the very first investors will have time to make a profit.
newbie
Activity: 42
Merit: 0
Its a big industry it is build for and i think it can succeed from what i see. But not my cup of tea either so i'm gonna pass as well.
member
Activity: 112
Merit: 23
"Get Paid to Play your Media on Current"
SpankChain has gone up 10x since I first saw it back in late December. Porn is usually at the forefront of new technology, and helps to make it popular among the masses.

I saw it and knew it was going to skyrocket after checking out the concept, team, and supporting performers. Even now, it's a great buy. The biggest thing that for me was that it has huge potential for wider adoption in the adult industry, based on its much higher payout percentages to performers and the fact that it already has popular porn celebs on its team.
full member
Activity: 327
Merit: 100

the price of this crypto is growng now,, hit 1bout $0.5 at this moment
and maybe this news is the causes,,
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
People will always be interested in this as well as gambling. This coin is based on human base passions. Each investor himself decides in which project to participate, and in which there is not. I will never support porn, drugs and weapons, even if they promise me big money. Therefore, I pass this project.
newbie
Activity: 11
Merit: 0
This coin actually has a legitimate use case, unlike 99% of the ICOs out there.  Listen to this podcast with the founder, and you'll be convinced: https://www.thirdweb.net/news/2017/12/10/the-third-web-micro-economies-2-spankchain

Thanks for the link. Very interesting.
While I was first sceptical with my investment I got fully convinced in the last few days.
member
Activity: 168
Merit: 10
This coin actually has a legitimate use case, unlike 99% of the ICOs out there.  Listen to this podcast with the founder, and you'll be convinced: https://www.thirdweb.net/news/2017/12/10/the-third-web-micro-economies-2-spankchain
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
Well you never know with crypto. I know there have been many porn coins and adult industry ICOs, none have yet been successful, but sometimes in crypto it takes years for a fad to take place. Look at DAG coins now after two years then everyone is talking about them. And see how long it took for Monero to gain popularity and now anonymous coins are also trendy. I am sure the niche coins like marijuana coins and adult coins will soon have their day, if you are patient enough.
newbie
Activity: 11
Merit: 0
But its very low cap now.

What means there's a lot of room for your money to grow  Cool
Take the early chance and profit from that.
sr. member
Activity: 453
Merit: 251
Presale Starting May 1st
I believe that porn industry is very big and underrepresented in cryptocoin market.
But its very low cap now. Probably there should be bigger better develoments in scenery.
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
 a buddy put me onto this in early December, I thought he was taking the mick... now he is sat there with lambo money getting ready to watch his favorite porn..

its actually a decent looking idea if they can pull it off... they do say one business is recession proof and that is the sex industry!
newbie
Activity: 57
Merit: 0
In theory, porn coin should work perfectly. Imagine lots of people who pay to adult sites or webcams would not want to see that payment on their credit card bills, so paying crypto would be a perfect solution.
full member
Activity: 228
Merit: 100
newbie
Activity: 61
Merit: 0
I think people are just realising the potential of this coin. Price is just skyrocketing the last few days Smiley

yea, it passed $0.5, market cap more than doubled since yesterday
newbie
Activity: 11
Merit: 0
I think people are just realising the potential of this coin. Price is just skyrocketing the last few days Smiley
newbie
Activity: 61
Merit: 0
And the webcam porn business is in fact a big million dollar market.

cams are actually a multi billion dollar industry


The operators think models will join their platform because of the low fees. Could be working. But still I think that there's a big hurdle for all the users to use that crypto money if they just want to wank a bit and not be on mind with that technical stuff. So the difficulty could be to make that whole payment process as easy as it could get.

crypto for cams is interesting, because adult is burdened with high processing fees
looking at Spankchain, it seems they plan to use a secondary token called "Booty" to use on their cam platform, so I guess you exchange your Spanks or fiat for Booty, so prices don't fluctuate too much, I guess
newbie
Activity: 11
Merit: 0
There is much "morbo" over the concept of porn, it wont be a public coin just like all the others are

Yeah this is what I think too. But if it gets used for what it is designed, the price will increase automatically or not? People will buy it to watch cam models in the internet. If the website will get popular they could have a big demand on their coins. So it could not just be for speculation like 99% of all coins get bought for speculation, but this one gets bought to get used. And the webcam porn business is in fact a big million dollar market. A lot of people pay girls for doing live what ever their wishes are.

The operators think models will join their platform because of the low fees. Could be working. But still I think that there's a big hurdle for all the users to use that crypto money if they just want to wank a bit and not be on mind with that technical stuff. So the difficulty could be to make that whole payment process as easy as it could get.
full member
Activity: 350
Merit: 107
I think these coins/projects need some big names in the game in order for people to be interested.

They are the type of projects that the crypto community largely does not care about, for good reason. But that doesn't mean their time won't come. Maybe 2019 will be big for the porn coins haha
full member
Activity: 137
Merit: 100
Is this a joke? Who the hell is going to buy a porn coin? Maybe you are right, but i do not think that it has some chances to be a good one.
There is much "morbo" over the concept of porn, it wont be a public coin just like all the others are
newbie
Activity: 11
Merit: 0
I'd like to hear your opinion related to porn coins, especially in SpankChain. I've invested some money in it and now hoping it was not a overhasty choice.

In general I think that porn is dominating the internet since it's beginning. Theres just so much money in it. Why should that money not come to the cryptos?

Also the project looks very promising and solid. Nice whitepaper as far as I can say this as a complete noob.

I'm not really sure why an additional token is needed for that scenerio they are planning but maybe someone from you can tell me whether it is justified!?

What I also like is that they have already contacts to the scene with two famous perfomers in their team. They plan something like a own cam side and a marketplace where videos can be sold.

As an advantage I also see that they're only traded on two small exchanges which could give a nice first come first served price for early investors.


So guys let me know what do you think about this project. Any thoughts are welcome.
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