The adult entertainment industry is quite frequently the early adopter of new technology. Pornhub – never one to disappoint – was the first pornography website to accept cryptocurrencies by forming a partnership with Verge back in April. The anonymity of using cryptocurrencies to pay for a premium membership on the site complements the unique type of content available. Pornhub is one of the largest pornographic video streaming sites, and to maintain its position as a market leader, it’s exploring new avenues to cater to the ever-changing demand of its users.
Crypto has Arrived at Pornhub
Pornhub has given its users the ability to pay for premium subscriptions – which give users access to a unique range of content – in a variety of different currencies. Now, this range even includes cryptocurrencies. “Decentralized payment systems have continued to grow in popularity, and cryptocurrency adoption is exploding across a broad economic spectrum,” said Corey Price (Pornhub VP) in an official statement. He also said, “Today, cryptocurrencies are especially viable in the adult entertainment industry because they are privacy-centric and incorporate more anonymity tools than traditional tender.” Given that large financial companies – such as Western Union – have said they don’t want to accept crypto at the moment, brands like Pornhub have become vocal crypto supporters.
Focusing on User Privacy
During this day and age – where data leaks are becoming alarmingly commonplace – security and anonymity have become much more important. Users of sites such as Pornhub are surrounded with a certain stigma, as such are looking for ways to hide their true identity as much as possible. Whilst disposable bank cards provide this to a certain extent, Verge, Tron, and ZenCash offer a secure and decentralized way to make purchases.
Tron and ZenCash Are on the Way
The exact date Tron and ZenCash will be added as payment options to Pornhub have not been announced, but it is expected to be within the next month or so. Pornhub is presently the 30th largest website in the world, and the 14th largest in the USA alone. The potential reach Pornhub has with its crypto offering is unparalleled within the adult entertainment industry. In addition to providing users with a new way to pay their memberships, this partnership will provide Tron and ZenCash with a much-needed PR boost.
