Vice Industry Token to Award Cryptocurrency at Pornhub Awards, Games

LOS ANGELES — Vice Industry Token will award thousands of dollars in the company’s cryptocurrency, VIT, to the top three winners of the Pornhub Games and the top three winners of the Pornhub Awards.

Vice Industry Token also is the the top sponsor of the upcoming Pornhub Awards and a premier supporter of this year's Pornhub Games.

Using data from the hundreds of billions of views the site receives over the course of a year, the Pornhub Awards Show will recognize the porn stars, studios, scenes and trends that attracted the most attention from porn fans.

Winners will be revealed at an event that will be held in downtown Los Angeles on Thursday, Sept. 16.

The 2018 Pornhub Awards Show will also be live-streamed in 360-degree virtual reality — along with the ability to be experienced in the world’s first Social VR virtual world, Red Light Center.

The winners in the Female, Male, Gay and Transgender Performer of the Year categories will each win $7,500 in VIT.

“Pornhub is proud to have Vice Industry Token as the top sponsor of the Pornhub Awards,” said Corey Price, vice president of Pornhub. “We are expecting the awards show to be our biggest event of the year and are excited to be able to offer great prizes such as VIT to the winners.”

For the Pornhub Games, Vice Industry Token will be giving the top three performers cryptocurrency bonuses, too.

The first-place winner will receive $10,000 worth of tokens, the second-place winner will bet $7,500 worth of tokens and the third-place winner will be awarded $5,000 in VIT.

“We are excited to be part of this prestigious adult industry contest and event,” said Stuart Duncan, Vice Industry Token’s CEO. “As an elite sponsor, VIT has the opportunity to showcase our superior technology and cement the company’s place as a formidable competitor in this space.”

The company’s blockchain is unique in that users are paid in VIT to consume content and interact with it by liking, sharing and commenting.

Users will get paid in VIT to watch videos, and the tokens they earn can be used to watch premium content across VIT’s network. The tokens can also be used toward subscriptions to paid sites.

Check out today’s XBIZ news piece on the Pornhub Awards categories here. Check out Vice Industry Token’s website here.