Pornhub Subsidiary to Reward Viewers With Crypto Tokens

Tube8 has partnered up with with the Vice Industry Token (VIT) to pay viewers for interacting with its services.

AccessTimeIconAug 17, 2018 at 9:00 p.m. UTC
Updated Aug 18, 2021 at 9:39 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Tube8, an adult video service and subsidiary of Pornhub, has partnered up with with the Vice Industry Token (VIT) to pay viewers for interacting with its services.

Hard Fork reported that the partnership is aimed at fully tokenizing Tube8's platform. The streaming service will insert VIT tokens onto its website and reward visitors for watching or otherwise interacting with adult videos. Tube8 spokesperson Robin Turner told Hard Fork that "getting paid to watch porn was always a pipe dream," according to the report.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • He added:

    "Now however, with the introduction of VIT, we are marking a paradigm shift in how people consume adult entertainment ... Whereas before users would log in, watch a few videos and leave, VIT incentivizes them to create an account and interact with the content to generate Vice Tokens."

    Prior to the launch, VIT CEO Stuart Duncan said, the platform will migrate from the ethereum blockchain to a forked version of the steem blockchain called graphene.

    "VIT uses [delegated proof-of-stake] and is fully decentralized. [It] is the only true working fork of steem in existence," Turner added.

    Tube8 joins Playboy TV and Stormy Daniels in integrating the cryptocurrency to its platform. Both Playboy TV and Daniels announced earlier this year that they would use the token as a reward system for viewers.

    Tube8 image via Sharaf Maksumov / Shutterstock

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.