XVG VERGE DUST STARTING TO SETTLE
Hello everyone.
Now the dust is starting to settle after yesterdays announcement we can take a closer look at some numbers and start wrapping our heads round this one.
The announcement was for Verge and Pornhub. That is not totally correct. Pornhub is owned and run by a company called Mindgeek. They are known as the gateway to the internet. The bandwidth that they use places them in the top 10 in the world. They are not big but massive.
The sites under the Mindgeek umbrella are all porn related or seem to be. Lets be honest sex sells and always will. To prove a point look at these stats.
DAILY VISITORS 115 million. On top of that they have over 1 billion users per year that are first timers to their sites. That is roughly 29 million viewers a day they don't include in the 115 million per day.
$500 million in subscriptions or membership fees per year. That is not from all their sites either.
Nukatu, never heard of it until yesterday is a Hentai sex gaming site that is based in Canada. Apparently these games are big in Latin America where the market is valued at $4.1 billion per year.
They have sites with live cam girls where I am sure Verge will be used as well.
Verge is available on 3 of the sites already. Pornhub, Brazzers and Nukatu and the others will follow as they are rolled out. They have 2 video commercials already which you can go and view.
The question is will this be good for Verge. I say hands down yes as the customers who don't want to pay by card can do so with Verge. This will bring new customers to Mindgeek as well growing their sites even more. If you haven't watched the film Middlemen then do so. It was the true story about the two guys who created a credit card payment system for porn back in the 80's. That took about three weeks to go crazy, I give Verge 3 months and it will receive tremendous uptake and growth.
Whether you like porn or not Verge is going to do well and coin investors will do very well over the coming years.
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