Porn Website Tube8 to Launch Blockchain Platform, Reward Views With Crypto Tokens

Porn website Tube8 has revealed plans to create a blockchain-based platform for users to earn crypto tokens as they watch and interact with Tube8 videos, according to Hard Fork, August 17.

The adult entertainment streaming site and subsidiary of Pornhub announced a partnership with Vice Industry Token, which will develop a tokenize platform for Tube8's 10 million users and 150 million monthly website visits.

"Whereas before users would log in, watch a few videos and leave, VIT incentivizes them to create an account and interact with the content to generate Vice Tokens."

As with many platforms, Tube8's plans to tokenize could suffer from problems of scale.

VIT is an ERC20 token based on the Ethereum blockchain, which presently can handle about 15 transactions per second.

With the current number of daily visitors, the only way to tokenize the site without choking up the blockchain, would be to run the reward system on a centralized server.

VIT has already built up a list of other partners in the adult entertainment industry, including StormyDaniels.com - the pornstar who claims to have had an affair with U.S. President Donald Trump.

As Cointelegraph recently reported, VIP is now engulfed in a heated dispute with perhaps the most recognizable name in the adult entertainment industry, Playboy.

After Playboy accused Canadian firm Global Blockchain Technologies of fraud and breach of contract, VIT was caught in the crossfire.

VIT's CEO Stuart Duncan is now accusing Playboy of taking "The equivalent of millions of dollars," according to an AVN report.