- iSDaily Wednesday – March 14th, 2018 – Episode 042
On this episode of iSDaily Wednesday with The One True Niz and Paul Gordon, On NewsFire, the Cattle Car Guide Rally of 2018 On Skynetter, Google Helps Killer Drones On Liberty Tech, Printing Cars in China [...]The post iSDaily Wednesday – March 14th, 2018 – Episode 042 appeared first on iState. […]
In exchange for time and data, you can get paid, in cryptocurrency. The name of the cryptocurrency is Vice Industry Token (VIT).
The token exists on an “adult entertainment” (that’s porn to everyone else) blockchain that will reward you with cryptos for watching videos on its site, as well as for allowing the platform to gather information about your viewing habits.
So, if you want to become a ‘professional’ porn watcher, well then VIT is the place for you.
|This Company Wants to Pay You Virtual Money to Watch Porn (and Hand Over Your Data)|
A new cryptocurrency and porn platform is banking on you wanting to spank it in return for internet money.
Vice Industry Token Inc. hopes that offering consumers, content creators, and distributors free “money”—in the form of its proprietary cryptocurrency—will help shake up the adult entertainment industry.
The concept behind Vice Industry Token (VIT) is seemingly simple: engage with the adult entertainment platform in exchange for cryptocurrency you can spend on content and services from the company and its partners. But you are sacrificing more than just your time to get paid—you are also handing over data.
Like many popular cryptocurrencies, VIT is built on an open-source blockchain, which is where tokens are generated and distributed, as described in the company’s white paper. It is also where each user’s engagement on the platform—watching videos or commenting, for example—is recorded. We have reached out to Vice Industry Token for more information on what type of metadata the company is collecting and will update once we hear back.
“This ability to capture authentic user engagement at the point of interaction forms the basis of the emerging ‘Attention Economy’, in what has come to be called ‘proof of brain’ technology,” the company states in its white paper. It adds that by documenting users’ viewer-engagement metadata, people who are creating porn for the platform can “more accurately identify viewers preferences, allowing them to refine and create better content for viewers.”