The announcement follows the April 2018 PornHub partnership with privacy-oriented cryptocurrency Verge, which resulted in the coins being accepted by the website as a payment option. In November 2019, PayPal cut off payments to PornHub’s 100,000 webcam models, which resulted in the price of Verge rising by 33%.
It’s like bitcoin, if bitcoin were specifically designed for transacting within the adult industry. Adult entertainment studio VogoV is introducing a crypto-token that merges the blockchain with pornography. Spearheaded by veteran adult performer Markus Dupree (who holds AVN awards like “best orgy” and “most outrageous sex scene”), the company’s OGO token grants holders discounts on porn products, getting them into three different paid membership sites at one-third their usual cost. The tokens simultaneously function as “votes” for the studio’s production decisions, letting you select an unproduced adult film’s cast, setting, and scenario. This means you could use OGO tokens to kinda-sorta co-direct a porno. “One of our main goals is…