Vice Industry The Revolutionary Adult Cryptocurrency

iwanpro (25)in #ico • 7 years ago

About Vice Industry Token

The Vice Industry Token represents a profound change in the adult entertainment industry. It functions as two things; an adult entertainment platform where viewers can watch videos, and as a cryptocurrency where anybody who participates (in viewing, adding, or curating content) will get paid with VIT's proprietary cryptocurrency.

The original paradigm in adult entertainment was that people paid for the content they consumed; whether by subscription or pay-per-view. With "tube" websites becoming popular, there was a shift toward free-viewing. While free content was certainly desirable, wouldn't it be better if you could get paid for it, too?

Vice Industry Token is creating a breakthrough in the adult industry where everybody who accesses the platform will be rewarded. This includes producers, distributors, and more importantly... you as the viewer.

Backed by some of the top names in the adult entertainment world, Vice Industry Token will deliver you the content that you want to see, while enabling you to get paid just for watching it.

Adult entertainment is a multi-billion dollar industry. Vice Industry Token is your opportunity to get a piece of it, and all you have to do is watch porn. It's that simple. Sit back and watch as we revolutionize adult entertainment. We look forward to you joining us!

Solution Offered

Vicetoken.com is ready with a new monetization model. It aims to disrupt the content monetization model of the Adult entertainment by bringing decentralisation and cryptocurrency. The coins will be part of the model which will act as a reward and payment for the content consumption. The content producers, the users, the advertisers will be part of the new content monetization model created by the Vicetoken.com.

They have employed proof of brain basis for token generation. Their model is named attention model where everyone is paid for their respective work. The content curator, the content producer and the viewer are all paid with the cryptocurrency.

ICO INFORMATION & TEAM

To create a platform for decentralisation, they are conducting an ICO. Vice Industry Token is created for public crowdsale and for the platform. A total of 4 billion tokens are created. The Token sale will start from the 1st February 2018 and continues until the 1st March 2018.The funds will be utilised for the development and marketing of the Vicetoken.com Platform.

The team behind the platform is ready to bring a unique and innovative model, where the viewer is paid. They are experienced Broadcasters and Filmmakers who have been in the Industry for years.

Conclusion

In many countries, the rules and regulation are tougher which creates many illegal routes for people to access such content. And, in many countries despite those standard rules, it becomes rather difficult for content producers of the adult entertainment to build a successful company. The current revenue for the adult content comes mainly from the traffic. 62 % of the revenue is generated by the traffic.

According to an estimate, only 24% of the revenue is generated from the adult content. They are offering more than free content to the viewers of the content. Their unique content tracking mechanism solves the issue of piracy by paying more to the original creators. They believe that consumers are the driving force of the industry and creating a business model which pays them would be a great start. They have found support from the top adult websites in the world. I think it is a major disruption, which will change the way video content revenue stream Works.

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