Pornhub Will Now Take Your Tron (TRX) and ZenCash (ZEN)

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by Coin AIO 1068 views 151

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That the porn sector is an early adopter of new technology is cliché. Still, this has been proven once more with adult entertainment firm, Pornhub, announcing that it has begun accepting Tron (TRX) and ZenCash (ZEN) as a means of payment. With TRX and ZEN coins, consumers of adult entertainment will now be in a position of accessing premium content on Pornhub and its affiliated sites including Brazzers.

According to ZenCash, which is a Zcash fork, there are more than 115 million users who visit Pornhub and its affiliated websites on a daily basis making it the largest group of adult entertainment websites in the world.

trong>No Paper Trail, no Worriestrong>

Per the co-founder of ZenCash, Robert Viglione, the anonymity-enhanced cryptocurrency makes use of the best privacy technology available in the market. As a result consumers of adult entertainment content will be able to pay for premium services without worrying about getting outed.

“We are excited to provide a private payment option for over 115 million daily users on the MindGeek [Pornhub’s parent company] websites! The exposure to the digital entertainment industry provides an excellent use-case for ZenCash by giving individuals the ability to pay for digital entertainment privately without fear of exposure. ZenCash uses the best privacy technology available in the market,” said Viglione.

For Tron, the announcement comes a few days after Tron marked its Independence Day by activating its mainnet upon migrating to an independent public blockchain from the Ethereum network. To commemorate the big day Tron Foundation burnt TRX coins amounting to one billion and estimated to be worth approximately $50 million at the time. The total distribution of TRX is now 99 billion.

trong>Tron’s User Base Expandingtrong>

With the goal of Tron being to become a decentralized content-sharing platform that eventually leverages peer-to-peer and blockchain network technology, a partnership with Pornhub is a big step towards building a user base.

This strategy was also recently on display following the acquisition of file-sharing website, BitTorrent, which boasts of around 170 million users, by the founder of Tron, Justin Sun. According to reports, Sun paid $140 million for the file-sharing firm which was founded in 2014 and whose investors included DCM Ventures and Accel Partners.

trong>Not Amusedtrong>

Earlier this year in April, Pornhub entered into a partnership with Verge cryptocurrency where XVG became accepted as a means of payment. Prior to the deal Verge had engaged in a crowdfunding exercise aimed at raising money needed to secure the partnership. At the time the hype that was generated was so high that when the partnership turned out to be with Pornhub, many deemed it anti-climactic.

It has also become apparent that some enthusiasts, investors and hodLers of XVG assumed the partnership with Pornhub would be exclusive and they are now not too thrilled with the adult entertainment firm accepting ZEN and TRX.