WankCoin Cryptocurrency for Adult Emerges

TORONTO — Another cryptocurrency targeting adult has emerged, claiming it’s already in use on hundreds of websites.

According to its creators, WankCoin was launched via BitCoinTalk.org in May and is rapidly gaining acceptance among alternative currency speculators, tech enthusiasts and users.

"Creating a cryptocurrency is the easy part now that Bitcoin blazed a trail, however where Bitcoin has failed it has also created opportunity for new innovators to build on their earlier success," co-founder Greg Kazarian said.

He added, "Bitcoin showed the world that anonymous, encrypted and secure currency is something the world wants as much as it needs. The difficulties that have stunted their growth continue to come from a string of market meltdowns and high profile marketing nightmares that range from the Silkroad fiasco to the Mt.Gox meltdown. That history now holds it back from achieving the potential that was once laid out in front of it — and WankCoin is the newer, better, cleaner cryptocoin poised to finally push decentralized money into the mainstream."

The company cited CoinMarketCap.com that reported that after less than 60 days since its launch, WankCoin is already maintaining a market cap in excess of $230,000 with a coin price of more than .1192, and it is presently the fastest growing value charted on their website. CryptoCoinRank.com currently has WankCoin ranked in position 69.

WankCoin is being accepted as payment by adult sites including Porn.com among others, the operators said.

For information on mining the cryptocurrency, visit GitHub.

The official mining pool is found at Pool.Wankcoin.com

WankCoin is currently trading on cryptocurrency exchanges including AllCoin.com and KingCoiny.com. The alternate currency has also been acknowledged by Cryptsy.com and Bittrex.com, the creators said.

Related:  

Copyright © 2024 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

Seoul Authorities Force Cancellation of Adult Expo for 'Distorting Perceptions of Sex'

Seoul authorities repeatedly prevented 2024 KXF The Fashion — a popular Korean adult industry expo featuring Japanese AV performers — scheduled for this week from finding a suitable venue, leading organizers to cancel the event.

FSC to Hold Discussion on Adult Industry Rights With Congressional Candidate Joe Cohn

Free Speech Coalition will hold a virtual discussion with Joe Cohn, a strong advocate for the adult industry’s rights who is running for Congress in November.

Sophie Dee, Ricky Johnson to Deliver 'XBIZ Talks' at Miami Conference

XBIZ is pleased to announce that Sophie Dee and Ricky Johnson will each deliver an “XBIZ Talk” at next month’s XBIZ Miami conference

FSC to Host Webinar on Derisking and the Adult Industry

The Free Speech Coalition (FSC) is hosting a webinar on derisking, titled "Derisking: Examining Its Impact on the Adult Industry's Access to Banking," on April 24 at 11 a.m. (PDT).

Democratic Governor Fails to Veto Kansas Age Verification Bill

Kansas’ Democratic governor, Laura Kelly, expressed strong reservations about the state’s version of the age verification bills being sponsored around the country by anti-porn religious conservative activists, but ultimately decided not to veto it, allowing the legislation to become law by default without her signature.

FSC's Alison Boden Testifies Against California Age Verification Bill, Urges Action to Defeat It

Free Speech Coalition Executive Director Alison Boden testified Tuesday against AB 3080, California’s version of the age verification bills being sponsored around the country by anti-porn religious conservative activists.

Phoenix Marie Sues Aylo, Danny D Over Incident on Digital Playground Set

Phoenix Marie has filed a lawsuit against Aylo, performer/producer Danny D and other defendants, alleging she has suffered defamation and damage to her career over a 2023 incident on a Digital Playground set in Spain.

New Premium Creator Platform 'Lemon Social' Launches

Premium creator platform Lemon Social has debuted.

MomPOV Producer Pleads Guilty in GirlsDoPorn Case

MomPOV producer Doug Wiederhold, who was formerly the partner of GirlsDoPorn owner Michael Pratt as well as the first male talent for GDP, pleaded guilty Thursday to a federal conspiracy charge.

Streamate Exec Liz Rek Joins FSC Board

The Free Speech Coalition board of directors has tapped Streamate executive Liz Rek as its newest member, effective immediately.

Show More