A lot of people would like to make a living through cryptocurrency. Doing so is a lot easier said than done, though. Vice Industries Token has come up with an intriguing business model in this regard. It will allow users to earn money from watching porn. This offer may not be as great as it sounds, though.
Watching Porn and Getting Paid for it
For a lot of people, their dream job would be to watch porn and get paid in the process. That is a lot easier said than done, as it doesn’t necessarily benefit platforms to pay people for watching porn – especially with so many free streaming platforms around already.
Vice Industry Token, on the other hand, is pretty confident it can combine porn watching with cryptocurrency payments without too many problems. More specifically, you will be able to get paid for watching porn. All payments will be made with the native VIT token, which is currently valued at US$0.03. This sounds like a great way to make some quick money, but there is always a catch when opportunities like these arise.
More specifically, anyone who opts into this opportunity will have their porn-watching habits recorded by the company. This information is shared with participating porn sites, partners, and potential advertisers as well. The collected data also includes social activity, likes, comments, and content preferences. It is evident there is a lot of information to be collected and shared where this business model is concerned.
The big worry is whether any of this data will be anonymized and encrypted. Right now, that does not appear to be happening, but the project is still in the early stages of raising sufficient capital. Vice Industry Token embraces this business model as a way to solve one of the adult content industry’s biggest problems. Making people pay for porn or ensuring they see advertisements on streaming sites has become a lot more difficult in recent years.
The approach of monetizing free porn is rather radical, but it may work out just fine in the long run. This will only work if enough users are willing to share their details with the company, though. Whether or not the VIT payment will provide sufficient incentive to do so remains to be determined. Vice Industry Token already has some big partners on board, including the likes of Penthouse. The VIT tokens can also be used to purchase premium content, which may make it rather appealing.
For now, we will have to wait and see how this new venture plays out exactly. The project will not hit its stride until July 1, the date on which the first websites will begin accepting VIT as a payment method. It is always interesting to see how cryptocurrencies and the adult industry come together. New ventures are waiting to be explored, and we are now getting a glimpse at what the future may hold in this regard.
