Cryptocurrency. It’s a word that immediately sends an awkward shiver down your spine. Once it’s brought up in conversation by your cousin that’s studying IT with honours, you have to pretend you have any idea what the fuck you’re talking about – and believe you me, we also don’t have a clue.
Yet we’ve put our heads together to gather as much information possible about cryptocurrency after hearing about a new incentive that’s popping up here and there; Vice Industry Tokens, or, VITs.
These tokens are a virtual currency provided by the Vice Industry, a company that wants to sell your data, as you watch your uh… videos.
Your data is then sold to different companies in order for them to create better content and to drive traffic/sales. It sounds pretty sneaky, right? Well, there’s something in it for you. No, you can’t go to your local Milk Bar and ask Barry for a Bubble-O-Bill in exchange for a few of your VITs, but you can use your hard (pardon the pun) earned VIT s to purchase premium adult videos.
Let’s put it in simpler terms; you watch your porn, your data gets sold, you get some virtual coins and then you use said coins to purchase even better porn, thus the cycle starts anew.
CEO and innovator behind the idea, Stuart Duncan, is a broadcast pioneer who founded the first explicit adult television network, Exxxtasy. Duncan’s punchline for the incentive is that “free was good, it’s just not good enough anymore“ (referring to the poor quality of free pornography that we, mere peasants, have been consuming thus far).
So if you want to hop on board this goldmine train heading straight to spankville, wander on over to the Vice Industry’s website for some more information here.
Via Mashable.
