One for the future. Vice coin.

in #blog7 years ago



This is one that I am getting very excited about, ( wink, wink) Vice coin. A token for the adult industry. We already have dtube, Steemit and dmania so the natural progression for blockchain media would be into the adult industry.


Check out their website here. ( https://vicetoken.com )


What the founders of this token are hoping to achieve is a model where the money generated goes to the producers, performers and participants. Much like STEEM the money will be distributed between the people who are actually adding value to the system. So whether it is your content or you are just enjoying it, there should be the opportunity to benefit from its revenue.

We all know that sex sells. Go to anybody and ask them if they watch porn and the answer is probably yes. More so than any other type of video it reaches almost all people and demographics. So a token and site to profit from this is a no brainer.

While the token is in its initial offering stage, the price is set at 0.05c for token. Below is a screenshot from their site outlining the beginning position.



As you can see there will be 4 billion tokens created with 2 billion for sale. Interestingly there will be 400 million given out for free to holders of STEEM from a pre-christmas snapshot. While that won’t mean much to people holding a couple of hundred STEEM, if you own a lot of it you could be in for a nice little package.

With 267,676,993 STEEM currently available in the blockchain that would give users 1.49 vice tokens for every STEEM that they were holding at the time. If the project does get up and running well then it could be quite a nice airdrop for some people.

With 4 billion tokens in operation I would be surprised to see it reaching any high value for a long time but if successful we all know that there is money to be made through sex, so if the idea takes off the could become valuable over time. I don’t know if I will buy any of them for the moment because they are expecting an initial value of 200 million for the company which I just don’t see at the start.
However if that price falls after a release onto the market I will be snatching up plenty as I do see a lot of potential in the project and have no doubt that the token will gain value over time as the site gets more use and people become familiar with it.

The development team have an extensive list of partners already and say that they will be working towards SMT functionality.





For me it all sounds great, it is just a matter of when to jump in.


To anybody reading this, feel free to comment, follow, advise or challenge. I hope to meet many more interesting people on the site as it grows over the next months.


All content written in this article is my opinion only. Any transactions that I make are from my own research and decisions. Trade at your own risk.

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thank you for your information.

I have been following the progress for a while and it looks good.

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