Adult industry-focused blockchain platform and entertainment ecosystem ‘SpankChain’ recently announced a “sexy, 1-click payment solution” ‘SpankPay’ to enable simple, seamless, and low-cost purchases of adult content and goods. SpankPay is just one major milestone, of many to come, for the adult-themed SpankChain, which is set to roll out user accounts and the integration of SpankPay into Spank.live for a “sexy payments dashboard.”

SpankPay is set to better help adult content providers manage payments by allowing users to pay for content and products with the following top cryptocurrencies: Bitcoin (BTC), Ether (ETH), Monero (XMR), Zcash (ZEC), and Litecoin (LTC). At present, adult content providers and entertainers are somewhat “handcuffed” with their banking and payment options, due to traditional institutional reluctance over what they consider “taboo.” Coupled with the average 3% charge associated with credit cards and traditional payment processors, and it’s no wonder why adult performers (or anyone for that matter) is looking for a more efficient alternative.

CEO of SpankChain Ameen Soleimani emphasized the importance of SpankPay and what it means for the adult entertainment industry, “With SpankPay, we are bringing immediate value to adult merchants by helping them accept crypto, avoid chargebacks, and reach a global audience.”

SpankChain’s cryptocurrency payment solution launches with two partners and platforms: the Skype-based webcam adult service ‘SkyPrivate’ and fan-oriented adult platform ‘JustFor.Fans’.

Final Thoughts on SpankPay

As of the date of publish, SpankChain has already rolled out a webcam site, Spank.live, along with several other adult-themed platforms and mechanisms (including SpankBank and CryptoTitties).

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-Obiter Cryptum