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RE: XVG Partnership: TrafficJunky Follows PornHub Into The Verge

in #verge7 years ago

The author of the article suggested that the reason that Verge fell after the announcement of their partnership with Pornhub was that getting involved in the adult industry might hurt their reputation. They also seemed almost surprised that this new partnership did not hurt the price of Verge. I think this is completely off the mark as to what happened.

The reason the price fell was that 'investors" were disappointed that it was not something much bigger. The price has actually held up pretty well as it is clearly above where it was before they announced they had a mystery partnership. Had they not set expectations so high to begin with I think the announcement would have caused the price to spike, not drop.

The adult industry is one of the few legal areas where privacy is an important feature to it's consumers. While I doubt Verge will ever be the best all around coin in the general market, if it can become the go to coin in the "bad boy" market place it could have a great future. I think from an investment standpoint this was a great move on Verges part. Had it been a more mainstream partnership it might have been better short term, but what happens when the partner starts taking "better" coins? My guess is Verge would just get lost in the crowd.

I think the next partnership will probably be one of those "dating sites" that cater to married people looking to cheat on their spouses. Or maybe one of the sites that carry adult "toys"

Like it or not, these are real world use cases. While Verge is not going to save the planet like some coins claim, I do think it will moon. Verge may be a little scummy, but it is no scam.

IMHO

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