Despite the ostentatiously negative attitude towards the adult entertainment industry, there is no denying the fact that it represents one of the most flourishing businesses in the world...
Despite the ostentatiously negative attitude towards the adult entertainment industry, there is no denying the fact that it represents one of the most flourishing businesses in the world with a proven annual turnover of nearly $100 billion.
Ethical issues aside, the main concern about using such entertainment products resides in the necessity to reveal a substantial portion of personal information, for instance, when purchasing a subscription on a website. In order to verify the newly created account, the user needs to provide his banking card information, along with his name and email address. An educated Internet user knows that it is better to avoid sharing personal data online even if it’s required to purchase a light bulb, not to mention an adult website subscription.
Knowing all too well about the relevance of this problem, the Austrian company Sevensale Online GmbH developed a fully-fledged blockchain platform called Adult X or ADUX, designed specifically to encompass all aspects of the adult entertainment industry.
When it comes to the provision of anonymity, there is one solution that overpowers the rest, and it bears the name of blockchain. Add to that the promptness and cost-effectiveness of transactions and the possibility of cutting out the intermediaries, and one has a perfect solution for the adult entertainment industry, a fact that the Adult X developers realized in a timely fashion. That is why they have developed an Ethereum-based platform, powered by the ERC-20 token (ADUX), that should satisfy the needs of the entire industry.
Similarly to the three pillars of corporate sustainability, the Adult X network is comprised of three systemically important parts: the entertainment platform (ADUxHub), the payment platform (ADUxPay), and the job platform (ADUxJob).
The ADUxHub is a multicomponent platform that consists of the marketplace and entertainment sections. The marketplace, in its turn, is subdivided into ADUxDeal offers registered users an opportunity to buy vouchers, digital gift certificates, coupons, and get discounts on a wide range of products through the user panel. All purchases are to be made using the platform native token - ADUX or several top cryptocurrencies, such as Bitcoin, Ethereum, Litecoin. The Adult-X team claims that they will introduce a broader range of cryptocurrencies to the platform in the near future. ADUxShop is a marketplace where users can choose from the variety of adult clothing, sex toys, and other merchandise and buy any of it using cryptocurrencies.
The entertainment section provides all means for establishing communication between the users and the models/performers: cams, chat, telephone, and video sharing.
The ADUxPay is a multi-featured payment gateway that includes the dedicated money transfer application, a digital wallet, an invoice builder, and even the three types of ADUxPay prepaid cards (Classic, Black, and Business).
ADUxJobs is a part of a platform devised for those who seek employment and business opportunities in the adult industry. Individual performers, agencies, and studios can register on the platform to earn profits in cryptocurrencies.
As of now, Adult X is conducting the ICO with 400 million ADUX tokens being put up for sale. The project expects to raise at least $1 million. 1 ADUX token can be purchased for a price of 0.0001 ETH. The minimum required investment is 0.2 ETH. Adult-X didn’t put any limits regarding the participation in the token sale.
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