Eroiy Launches Pre-Initial Coin Offering Campaign

Eroiy Launches Pre-Initial Coin Offering Campaign

WEST HOLLYWOOD, Calif. — Eroiy Corp., a startup that offers a blockchain-based incognito payment method for the adult entertainment industry, launched its pre-ICO crowdsale campaign this week.

Based on the NEM blockchain protocol, Eroiy’s ecosystem comprises the EroiyCoin, the Eroiy eWallet, the Eroiy-Xchange and an Eroiy Crypto Debit Card.

Apart from anonymity, Eroiy also offers benefits such as data protection, financial fraud protection, low transaction costs and the convenience of one-click payments, the company said. 

The company said it has already managed to build a chain of adult entertainment companies that are ready to accept Eroiy as their payment system.

It recently attended the 2018 XBIZ Show and received “tremendous response” and “great enthusiasm” from major players in the industry.

Eroiy is the brainchild of a team of experts with a wealth of experience in crypotcurrencies, event monetization, risk management and finance, according to CEO Markus Steffen.

“The adult entertainment industry is already known for innovation, and it is now time for it to adopt cryptocurrencies,” Steffen said. “Through the introduction of Eroiy, we have the possibility to enhance trust and discretion in the business.

“It is the only way for the market to develop, take its next steps and increase its social acceptance. Whether for end users, merchants or token buyers, Eroiy is there to help individuals unfold improvidently.” 

Eroiy’s pre-ICO phase, which seeks $48 million, ends on Feb. 28. The company’s ICO campaign will start on March 1 and end on March 31.

Pre-ICO starting price is 1 Eroiy for $0.08, with ICO starting price at 1 Eroiy for $0.12. The maximum Eroiy produced will be 2 billion; the maximum Eroiy for sale will be 1.2 billion. There is a minimum purchase of 100 Eroiy in an array of purchase methods — bitcoin, ethereum, litecoin, dash and XEM, along with U.S. dollars, euros and Swiss francs. 

Details related to Eroiy’s crowdfunding initiatives are available here. A white paper can be viewed here.

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

Opinion: Why Device-Based Age Verification is the Key to Protecting Minors Online

Across the United States, state legislators on both sides of the aisle have attempted to tackle the crucial goal of preventing minors from accessing adult content.

TMZ: VMG's Mike Moz in Talks About 'Potential Collab' With Yeezy

Vixen Media Group’s Mike Moz told TMZ on Friday that the company has been discussing a potential collaboration with Kanye West’s brand Yeezy.

Age Verification: FSC's Mike Stabile Reports from the Front Lines

Two years into the religiously-inspired crusade to ban free access to adult material in the U.S. through carefully drafted "age verification" legislation, the constant onslaught of state-by-state proposals and laws — many of them copied from each other — can be hard to follow.

Written Erotica Platform 'Hevvn' Launches

Hevvn, a new platform aimed at erotica writers seeking to publish, promote and profit from their work, debuted Thursday.

Sssh.com's Angie Rowntree Speaks at Brown University

Sssh.com founder Angie Rowntree spoke at a Brown University class last week, discussing several topics related to adult filmmaking.

Online Industry Veteran Joe E. Passes Away

Online industry veteran Joe E has passed away, according to friends and industry associates.

Judge Acquits Backpage Defendants of Most Charges Before 2nd Retrial

A federal judge acquitted former co-owner of Backpage.com Michael Lacey and two co-defendants on most of the counts remaining from the protracted trial launched against the website operators by the Justice Department in 2018.

Adult Time Partners With Animation Studio 3DGspot

Adult Time has signed a deal to stream content from animation studio 3DGspot.

Georgia Gov. Brian Kemp Signs Age Verification Bill Into Law

Republican Gov. Brian Kemp this week signed into law a bill that includes provisions requiring age verification for viewing adult content in Georgia, mirroring legislation being sponsored around the country by anti-porn religious conservative activists.

AEBN Publishes Popular Searches by Country for February, March

AEBN has released the popular searches from its straight and gay theaters in more than three dozen countries during February and March.

Show More