Vice Token – Get paid to watch porn?

With a catchy slogan like “get paid to watch porn” there’s got to be a catch right? I mean if we could get paid to watch porn every single teenage boy would be a millionaire.

What is it?

ViceToken.com wants to disrupt and rebuild the monetization of free adult content through a better understanding of adult content users, the entire Vice Industry ecosystem and what we describe in more detail below as the emerging Internet Attention Economy. Our launch into the Vice Industry will initially center around the monetization of Adult Pornography (Adult) content. Surprisingly, the bulk of revenue in the online adult pornographic industry is not generated by content. The bulk of online adult revenues are generated by traffic. 62% of today’s online adult revenue is generated by traffic. Very little of that revenue is earned by advertisers, almost none by content producers and absolutely none is given to viewers. Advertisers pay the traffic companies. Only 24% of adult revenue is actually generated from adult content, or from adult content affiliated websites and programs. The remainder of adult revenue is generated from webcam shows, and the sale of merchandise such as lubes and toys.

What does a new monetization model for the Vice Industry look like? Our solution to this problem is to offer a cryptocurrency token for the Vice Industry that rewards all aspects of engagement in the newly emerging Attention Economy. Built on the same base technology that powers the Steem blockchain, tokens are generated as a direct result of user engagement on a “proof of brain” basis. Our token efficiently captures the attention of viewers by paying them through the blockchain in a tokenized transaction where all 5 parties are rewarded for participating. We registered the trademark “Get Paid To Watch Porn” to emphasize this fact.

Attention Economy

Attention economics is an approach to the management of information that treats human attention as a scarce commodity, and applies economic theory to solve various information management problems. Put simply by Matthew Crawford, “Attention is a resource—a person has only so much of it.”

As content has grown increasingly abundant and immediately available, attention becomes the limiting factor in the consumption of information.
A strong trigger of this effect is that the mental capability of humans is limited and the receptiveness of information is hence limited as well. Attention is used to filter out the most important information by the human brain from a large pool of information surrounding the human in the digital age. A number of software applications either explicitly or implicitly take attention economy into consideration in their user interface design, based on the realization that if it takes the user too long to locate something, they will find it through another application. This is done, for instance, by creating filters to make sure the first content a viewer sees is relevant, of interest, or with the approval of demographics. An attention-based advertising scheme may say they are measuring the number of “eyeballs” by which their content is seen.

When is the public ICO?

According to news from Vice Token the public ICO will begin on the 1st of February 2018.

Who’s backing this?

As of writing this the biggest backers are Penthouse and Exxxtasy where the CEO of Penthouse Kelly Holland writes this about Vice Token:

““Vice.org is an exciting opportunity to bring a completely new and unique business model to the market and, for the first time, offer our customers the ability to be paid to interact directly with our brand. Vice tokens are a nuclear event. The catalyst of Vice.org and Penthouse will forever change the way the world watches TV and adult video online.”

Find out more

Vice Token

 

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