PornX is the first Initial Coin Offering that is offering a cryptocurrency that will run through a decentralized lightning network solution.

The team behind PornX has proposed itself to help blockchain technology to spread into the daily life of individuals. But this can’t be achieved if one key sector is left behind. We are talking about the porn industry. PornX will unite two worlds in one online platform. The porn industry and the cryptocurrency environment.

Cryptocurrencies have important problems. To mention some of them, we have lack of usability, slow transactions and high fees. Furthermore, there is a lack of scalability in several networks that makes the problems even worse.

In addition to it, credit card payments also feature several problems. There can be a misappropriation of funds, restrictions of the economy and vulnerability to hacker attacks.

The solution that the team behind PornX thought about was the PornX Coin (PORNX) and the PornX Platform. Let’s have a look at them.

The cryptocurrency ecosystem will be represented with a cryptocurrency named PORNX. This cryptocurrency will be an ERC-20 coin based on the Ethereum network. But it is important to mention that it will use Lightning Network.

The Lightning Network is one of the most important features of this coin. Most of the cryptocurrencies today charge commissions for confirmation of transactions. As PORNX will be implemented in the Lightning Network, transactions will take less time to be processed and commissions will be near 0.

Furthermore, this cryptocurrency will make payments secure and anonymous. Investors that are having a look at possible investments may be considering PORNX to be one of the most promising ones.

According to different studies, porn sites receive more regular traffic than Netflix, Amazon and Twitter combined every single month. Moreover, the industry moves around $100 billion dollars annually and 12% of the revenue comes form the United States. In 2016, Americans dedicated around four and a half billion hours to watching porn on just one porn site in 2016.

The potential growth of PORNX can be massive.

If just a small part of the industry adopts this cryptocurrency in order to pay for porn content, then PORNX will be a success.

PORNX will be stored in a mobile application called X-Wall Wallet. This cryptocurrency wallet will allow the storage and use of PORNX as a currency for paying pornographic content. It will allow users to receive and send cryptocurrencies, pay for goods and services and exchange the funds for fiat money.

Other wallets that will support PORNX are MyEtherWallet, imToken, METAMASK and Coinomi. PORNX will also have liquidity in the market by being listed in different exchanges like EtherDelta, HitBTC and coingorilla.io. In the future, the team will work in order to provide more liquidity to PORNX.

Besides that, PORNX has been focused on security issues. With this cryptocurrency it will not be necessary to enter personal data on the payment page and scammers will not have the possibility to get personal information from the users. Being secure does not mean that transactions will be slower or with higher fees. As explained before, with the innovative Lightning Network, PORNX will be able to reduce transaction times and fees.

There is an important interest of different companies to implement the PORNX cryptocurrency to their platforms. We can mention some of these sites: thepornlist.net, Brazzers, DorcelTV, Livejasmin, JapBox among others.

As explained by the team, PORNX will allow the cryptocurrency market to test new technologies and reach new audiences. An important part of the internet that consumes pornographic content will now have access to the cryptocurrency world.

It is important to mark that the token distribution will just leave with 10% of the coins to the founders. During the last months, ICOs were concentrating an important amount of tokens in just a few individuals related to the project. But PornX is doing its best to avoid this.

  • 70% of the tokens will go to the ICO
  • 5% to the pre-sale
  • 2% will be allocated for the Bounty program
  • 3% will be given to investors
  • 10% will be for the founders
  • 5% of the tokens will go to the Technical Core Team
  • 5% will be divided 2% for advisers and 3% for partners

The pre-sale starts on February, 11 and finishes on February, 25. The soft cap will be 1500 ETH and the Hard Cap 5000. The maximum bonus that will be applied will be 35%.

PORNX cryptocurrency is here to change the way individuals consume pornographic content. The team will expand the use of cryptocurrencies to new industries and the porn sector will now be able to enjoy the benefits of decentralization and anonymity.

 

>>