Vice Industry Token Partners With Coinomi Wallet, Starts Trading on HitBTC

Vice Industry Token Partners With Coinomi Wallet, Starts Trading on HitBTC

LAS VEGAS — Vice Industry Token, the decentralized blockchain platform and cryptographic token for the adult industry, has started trading on the HitBTC, as well as being integrated into the Coinomi cryptocurrency wallet, only days after it began trading on Stocks.exchange.

This news not only adds to the exchanges that participants in the Vice Industry Token sale can use to trade their tokens, but also enables them to securely store, manage and trade their tokens using the Coinomi wallet, said Stuart Duncan, CEO of Vice Industry Token.

“Through these integrations with HitBTC and Stocks.exchange, as well as Coinomi, the best of breed mobile cryptocurrency wallet, we are making it even easier for participants of the token sale to use and handle the tokens they’ve purchased for the adult content revolution we’ve started,” Duncan said.

HitBTC is operated by Hit Techs Limited and aims to become a global platform for companies dealing with virtual currencies, providing advanced exchange and clearing technologies.

Coinomi is a multi-asset wallet that provides native support and true ownership for 109 coins and 344 tokens, for a total of 453 assets, available in 168 fiat currency representations and 25 languages.

Vice Industry Token's sale of tokens concluded last week after the major announcement during the sale that VIT would be used to power Playboy TV.

The token uses blockchain technology to transform the monetization model that exists in the adult industry today, Duncan said. Vice Industry Token measures and captures genuine interactions and uses this to reward content creators, curators and viewers.

Having raised 26,927 ETH through its public token sale, these funds will be used to launch the  decentralized social network and media hub for video consumption, he said.

Check out Vice Industry Token at its website.

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