Less than one month ago, Pornhub announced that it would be accepting Tron (TRX) as a payment option on its adult website in addition to Verge (XVG) and ZenCash (ZEN). The response from many TRX holders was mixed. One side of the argument was a bit skeptical that their favorite coin was being associated with a porn website. The other side of the argument saw the bigger picture of TRX getting the exposure it needed from the porn industry that is known to be worth $97 Billion according to 2017 estimates. As a matter of fact, as soon as Pornhub announced it was accepting TRX, its advertising partner, TrafficJunky, followed suit.
Now the Tron Foundation has officially issued an announcement stating how you can pay for your Pornhub subscription using TRX. The step-by-step tutorial is available on their medium page
But what does this all mean for the TRX HODLers?
Let us get some numbers into this discussion so we can fathom how huge this is. Firstly, and earlier mentioned, the porn industry is worth a whopping $97 Billion. This means that TRX has penetrated this industry in an instant. Knowing how the adult film industry is quick to embrace emerging technologies, it is only a matter of time before we see other sites welcoming the payment of subscriptions using TRX. This then means additional demand for the digital asset as well as more liquidity for TRX in the markets as Pornhub users buy the digital asset from the numerous exchanges.
Another number to remember is that Pornhub has been reported to have up to 90+ Million unique visitors to the site on a daily basis. Let us say 1% decide to pay for subscriptions. This means we have 900,000 users who might pay using TRX or even observe that TRX is an option for payment. According to 2017 data, the visitors – in order of magnitude – are from the countries of the United States, United Kingdom, India, Japan, Canada, France, Germany, Australia, Italy, Brazil, and Mexico. This is free marketing for the coin right there and additional exposure for the Tron project across the globe. No other cryptocurrency has achieved this to our knowledge. TRX might be setting itself up for a Bull Run with this.
What about BitTorrent being utilized for file distribution on Pornhub?
Now, this is a big IF. So whatever we discuss here is pure speculation. But let us explore the limitless possibilities of a BitTorrent integration onto the Pornhub ecosystem through Tron. This means that distribution of films on the site will be made easier and more efficient making the porn site way ahead of the competition in terms of download and upload speeds.
Perhaps even the users of BitTorrent who will accept to have their machines online for the uploads and downloads of files onto their machines will be given TRX incentives. This is similar to how SiaCoin (SC) is working on distributed file sharing. You set aside a portion of your Hard Drive to Pornhub, you stake some TRX and get some TRX rewards. How cool would that be?
Summing it all up, the official addition of TRX as a payment option on the Pornhub website is a step in the right direction in terms of TRX adoption on a global scale. This addition provides the much needed increased visibility of TRX which will in turn increase demand for the digital asset. Once demand goes up, its value automatically goes up and probably leading to a top 5 finish of TRX in 2018.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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