Italian cryptocurrency project, PornVisory, is planning to introduce crypto rewards in the form of PVY tokens that will be given to users for viewing content on the platform.
PornVisory to pay viewers to watch porn
Veronica Noschese, the founder of PornVision, told Cointelegraph that there is significant synergy between the pornography and cryptocurrency industries. As a result, there is a need of having an anonymous financial system for porn viewers.
Noschese indicated that in 2019 when PayPal banned Pornhub from using its payment system, the pornography giant decided to begin supporting Verge (XVG) cryptocurrency. Pornhub has made progress in its financial system, and as of January, the site had begun accepting Tether (USDT) as a form of payment.
She added that there are several issues in the pornography industry regarding reputation and privacy. For instance, Pornhub was blocked from using Paypal, and for content viewers, they might not wish to use their premium accounts in watching porn using the same bank account that they share with their spouse.
PVY tokens inspired by Brave’s BAT
PornVisory made the move to reward viewers, and it is a decision inspired by Brave Browser’s Basic Attention Token (BAT). The privacy-focused browser awards users with BAT for viewing ads. Following this model, Noschese indicates that viewers of content on the PornVisory platform will receive PVY tokens for viewing.
Through the inspiration of the Brave browser, the site chose to replicate the model but with something associated with the pornography industry. Noschese added that this is a simple concept where viewers will be compensated for watching porn videos as well as when interacting with the platform.
The founder indicated that there are no plans for PornVisory to carry an initial coin offering. However, they are planning to airdrop the tokens as a way of marketing. For now, the site is an adult content news outlet, but they are planning to include a porn video site as well as a live streaming platform. Noschese is financing the plans through her funs, but she is planning to seek additional investment after the platform has grown.
