BROOKLYN, N.Y. — Dave's Custom Media (DCM) announced today that their videos can now be purchased directly from their website using several popular cryptocurrencies.
The move, according to a rep, “comes in the wake of continued pressure on the part of banks and credit card processing companies to impose their will on the adult industry by forcing some distribution platforms to either alter, censor or outright remove content created by multiple creators and producers in order to continue to be able to accept payment.”
"Some of my work has definitely been censored," said DCM President and chief content creator David Harris. "I've had video descriptions altered, and in some cases, I've had videos outright banned from platforms."
Harris, who calls himself "a staunch freedom of speech advocate," sees cryptocurrency as "a way for not only the adult industry, but creative and non-creative businesses alike, to unplug from the mainstream banking system that has taken over e-commerce."
"You hear about it all the time in adult," Harris explained. "Models are having their PayPal accounts terminated, and platforms are having their merchant accounts terminated because we're considered a 'high risk' industry. I don't blame distribution platforms for giving in to the banks. They have to do what they have to do to stay in business."
Harris explained he believes that adopting cryptocurrency, however, is “the way forward for this business.”
“It puts payment processing back in our hands, and eliminates the banks from the equation,” he said.
DCM is accepting major currencies such as Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC), and two smaller “altcoins,” Steem (STEEM) and Hive (HIVE).
"Steem and Hive are interesting to me because those altcoins are the backbone of a blogosphere that actually pays you in crypto for your content," Harris explained. "There's a service that operates on the Hive blockchain, called 'DPorn,' which is specifically designed to pay you in crypto for 'upvotes,' or 'likes,' on your adult content. I enjoy sharing content in that space. I like getting paid simply because someone likes my stuff."
DCM is celebrating this move by offering their videos to those wishing to pay in cryptocurrency for $5 each, at a discount from the prices on other platforms.
Visit the studio here for additional details and click on "buy with cryptocurrency" in the menu.
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