LOS ANGELES — TeenMegaWorld and TmwVRnet have announced their adoption of the OGO coin token for subscription payments.
According to the company, OGO coin is a unified adult industry cryptocurrency token backed by VogoV Studio, a decentralized, interactive porn studio founded by Markus Dupree.
In addition to OGO coin acceptance, TeenMegaWorld and TmwVRnet will start using another product of VogoV — OgoShift — a new cryptocurrency payment infrastructure tailored to the needs of the adult entertainment industry.
In light of its strategic partnership with VogoV, TeenMegaWorld and TmwVRnet will offer lower membership prices for subscribers using OGO coin. For example, a $21 subscription will be available for $7 in OGO coin.
“OGO coin is a truly adult industry cryptocurrency,” says a company spokesperson. “On the one hand, it’s a secure and anonymous payment method. On the other hand, OGO coin provides much more utility than just being a payment method.”
“The adult industry is moving into cryptocurrency,” the spokesperson adds. “VogoV with its token and infrastructure is the most vivid project in these two spaces.”
OgoShift is composed of a payment system, an exchange and a marketplace, interconnected through a single entry in a cryptocurrency wallet.
“Besides OGO coin, we’ve already integrated OgoShift into our websites, and alpha-testing of OgoShift Merchant is going on now,” the spokesperson concludes. “We find it very beneficial for us, because OgoShift has no processing fees for cryptocurrency.”
The pre-crowdsale of OGO coin will take place from August 21 through 31 when the token can be purchased with a 30 percent bonus.
For more information, click here.