Founded in 2017 by its CEO Christoph Elbert, bitcci is coined from the infamous OG cryptocurrency ‘Bitcoin,’ women slang term ‘bitch,’ and a famous Italian clothing brand.
All over the world, the adult industry has grown in demand as years pass by.
In fact, there are approximately 40 million adult workers globally. Among the most evident problems in the escort industry is the impression among women involved in this line of profession and the legality of consuming the services they offer.
Hence, a shadow economy develops. bitcci, a blockchain-based company from Switzerland aims to change the adult industry landscape by introducing new nightclubs, IT platforms, app, portals, and payment solutions.
The bitcci Group AG is ready to offer a new image and cultural and innovative change to the adult industry; particularly on the operation of new nightclubs, the adult worker profession, and the consumption of escort services.
The bitcci ecosystem powers all sorts of professional adult services and revamp the overall experience of customers and their adult consumption habits.
Together with regulatory authorities, bitcci plans to develop transparent, modern, and efficient solutions that will eliminate the negative implications of this industry.
Tokenization and marketing
Right now, the bitcci Group AG has started the initial coin offering (ICO) of its innovative escort ecosystem’s official currency — bitcci cash token.
Its main achievement, so far, was the private pre-sale of the bitcci cash token.
This sold out in just 15 days and 1 Mio CHF has been raised in the first two weeks of July 2021. The raised money will be used to build brand awareness and strengthen bitcci’s headquarters in Zug, Switzerland.
To attract more individuals, investors, and entities, 200 big street banners will be placed in hot spots of the Crypto Valley in Switzerland at the end of August 2021.
Currently, they are members of several blockchain associations in Europe. In line with this, bitcci’s Club Management software “bitcci Club” is already successfully running in four of the largest sauna clubs in Switzerland.
As the bitcci team targets the validity of the nature of the adult entertainment industry, its business model includes various aspects for the benefit of public authorities.
Its authority interface “bitcci Connect” grants the trade police as well as migration and tax authorities direct access to the bitcci database. These include all the personal data of the adult workers registered within bitcci clubs.
bitcci.id is the first ID and forensic check system for the adult industry. This means that ID documents of interested partners can be checked for validity within seconds.
Powered by blockchain and AI, photos/selfies can be compared using a face-matching process and cross-checked across crime databases. With bitcci.id, the filter process for eligibility takes place.
Those who do not yet have a criminal record and who are not on bitcci “blacklists” can register to be a part of the bitcci ecosystem. With this decentralized system, over 9,000 different types of ID documents from 193 countries in 130 languages can be verified.
Another feature is the bitcci API. This will be a modern approach in connecting clubs, platforms, and software applications into one interface.
It will allow external partners to use the perks of the bitcci IT platform in optimizing their business processes and developing additional sources of income without difficulty.
In addition, the authorities will access the bitcci system via the bitcci API.
The bitcci Group AG is backed by publicly-listed companies with two more — the “bitcci Building AG”, a real estate company and the “bitcci Club AG”, a club operations company, to be founded before the year ends.
Furthermore, the plan is to buy 10 plots of land in Europe where five new bitcci nightclubs will be operated. The bitcci.com portal and the bitcci app are also anticipated to have 1 Mio registered escort industry workers by the end of Q4 2022.