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Will Porn Accept Crypto?

There are many people that have commented on the fact that cryptocurrency might be useful in that it can help with regards to supporting content creators. This makes sense for a number of reasons, since sending cryptocurrency to an influencer that you support might be a lot quicker and more efficient than sending the payment through other means.

Of course, it’s no secret that there is plenty of pornography on the internet. While one might not consider a porn actor or actress a typical “content creator” – the truth is that if cryptocurrency were to be accepted at more porn websites, it could mean a lot for the cryptocurrency ecosystem. After all, it is estimated that a stunning five to fifteen percent of the Internet is porn. It appears as though that is something that Australian blockchain startup intimate.io wants to take advantage of.

About Intimate

Intimate.io wants to be the new crypto payment platform for adult websites, and plans to make as many partnerships as possible in the lucrative market. This could certainly prove to be a smart move, considering that porn is estimated to be a $97 billion global industry.

The platform is expected to announce partnerships on its crypto payment platform, which will be launching next week. Apparently, Intimate already has partnerships with established websites such as Sexpo, Rendevu, and others. The company is going on a world tour in terms of various events, where it hopes to sign on more partners, as well.

Will It Work?

This isn’t the first time that a cryptocurrency has ventured into the adult industry, as Pornhub, one of the most visited websites in the world, partnered with the Verge (XVG) cryptocurrency last year. However, it is clear that the partnership has not exactly been a success.

Intimate will enable websites to accept all sorts of cryptocurrencies. This includes Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), along with Intimate’s own token, as well, which is ITM. Many believe that the lower transaction fees could prove to be a hit within the adult industry, which could potentially be big money for the Australian startup. Of course, time will tell whether users will choose cryptocurrency over fiat when it comes to their porn.

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