MetArt Now Accepting Litecoin Payments

SANTA MONICA, Calif. — MetArt said today it is now accepting the cryptocurrency called litecoin.

In September 2013, Metart took a leadership position in online adult entertainment by becoming the first site to accept bitcoin payments.

“After the initial spike in bitcoin memberships, our bitcoin sales flattened out,” company COO Shaun Lenihan said. “We met with the gocoin engineers who shared their open architecture and vision for ways to monetize that simply were not possible with our current provider. Just saying you accept digital currency is not enough, you have to drive adoption.

"Gocoin is not just selling a different platform, but helping us market digital currency more effectively to our customers. In addition to accepting litecoin payments, we found the gocoin API superior in every way with its open design and flexibility to innovate and integrate with our internal system.”

Litecoin is based on the bitcoin protocol but differs from bitcoin in that it can be efficiently mined with consumer-grade hardware, say project officials.

They also say litecoin provides faster transaction confirmations — 2.5 minutes on average — and that the cryptocurrency uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have.

The litecoin network is scheduled to produce 84 million currency units, they say.

Lenihan said Metart will begin rolling out new options and packages aligned with how digital currency enthusiasts prefer to consume content.

"Our customers can expect to see additional alt-coin payment options and the rollout of innovative packages that give our customers the power to purchase our content that best fit their needs," he said.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

FansRevenue Acquires DivaTraffic

FansRevenue has acquired web traffic service DivaTraffic.

AEBN Announces Peter Green as Top Male Boy/Girl Performer for Summer 2025

AEBN has revealed its top 10 male Boy/Girl performers for summer 2025, with Peter Green landing atop the leaderboard.

Spicey AI Relaunches Site, Debuts $Spicey Tokens

Interactive voice chat platform Spicey AI has relaunched its website and introduced $Spicey tokens.

FSC: Missouri Age Verification Rule Will Not Take Effect August 30

The Free Speech Coalition (FSC) announced that Missouri's proposed age verification legislation will not take effect on August 30, as it had originally estimated.

Little Caprice, Marcello Bravo to Co-Host 2025 XMA Europa Awards

XBIZ is pleased to announce that husband-and-wife duo Little Caprice and Marcello Bravo will co-host adult’s biggest night in Europe: the 2025 XMA Europa Awards on Sept. 4, in the epic climax to XBIZ’s fall events series.

Germany Will Block Payments to AV-Noncompliant Adult Sites as of Dec. 1

Starting Dec. 1, Germany will implement new rules prohibiting financial institutions from providing payment services to adult sites deemed to have inadequate age verification systems and making it easier for the government to target websites mirroring the content of such sites.

Jerkmate Joins Pineapple Support as Partner-Level Sponsor

Jerkmate has joined the ranks of over 70 adult businesses and organizations committing funds and resources to Pineapple Support.

FSC Launches Age Verification Toolkit for Adult Websites

The Free Speech Coalition (FSC) announced today that it has launched a comprehensive toolkit to help adult websites navigate age verification laws.

Romero Mr. Alien to Present XBIZ Talk at Amsterdam Conference

XBIZ is pleased to announce that noted producer/director Romero Mr. Alien, the impresario of the XMAs award-winning studio Hentaied, will present an exclusive talk at next month’s Amsterdam conference.

New Fansly Analytics Platform 'SlyKiwi' Launches

SlyKiwi, a new analytics platform exclusively designed for Fansly content, has officially launched.

Show More