Pornhub, the leading online adult entertainment platform, announced today that they will be launching their own cryptocurrency after seeing the success of Bitcoin (BTC) and blockchain projects.
The Pornhub Token ($PORN) will be credited to users who have an account on the website and that complete videos — half of the token amount will go to the content creator and half to the user who viewed the content.
Similar to Bitcoin, there will be a finite amount — 69M tokens, to be exact.
The PORN token will also have a revolutionary new mining system which will be controlled by Proof of Jerk, which claims to be an improvement on the current Proof of Stake and Proof of Work systems. Although details are hard to come by, the release of the whitepaper later this week should clean it up.
A Pornhub spokesperson said in a statement to BeInCrypto:
Pornhub has one of the largest communities in the online world. Why not allow that community to become more powerful by allowing our users, as well as our content creators, to earn an online cryptocurrency? We believe the PORN token can only benefit both our users and our content creators. In the coming months, we will be moving onto exchanges as well creating a marketplace where users will be able to buy premium content with their tokens.In 2019, there were over 42 billion visits to Pornhub, meaning there was an average of 115 million visits per day to the website. The potential for a marketplace is staggering and could bring mass adoption to the cryptocurrency market overall. Pornhub has recently made online news by removing its premium account subscription fee on the website to encourage people to stay at home and “flatten the curve” in the current COVID-19 pandemic seen across the globe.
April Fools! Editor’s Note: This article is meant to be satirical in nature and the contents should not be taken seriously. Pornhub has not provided any comment to BeInCrypto and this news is entirely fabricated for the purposes of entertainment and a bit of foolishness.Stay home and help flatten the curve! Since COVID-19 continues to impact us all, Pornhub has decided to extend Free Pornhub Premium worldwide until April 23rd. So enjoy, stay home, and stay safe 🔥 https://t.co/ZponKGKSJn #StayHomehub pic.twitter.com/DxWJGBnNkC
— Pornhub ARIA (@Pornhub) March 24, 2020
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