Pornhub and Verge cryptocurrency partner up to offer anonymous payments

Last updated on June 9th, 2018 at 12:43 pm

Jep. It’s happening. Pornhub and Verge announced (NSFW) they will be working together to make sure people can make anonymous subscription payments on Pornhub:

The future has come. In our efforts to keep current with our community’s privacy and payment preferences, Pornhub will now be accepting Verge as a means of payment for services like Pornhub Premium and more, on our platforms. Building on Verge’s core values of security, anonymity and practicality, the introduction of this cryptocurrency as a means of payment Pornhub signifies an important foray into the future from the industry that is always on the cutting edge of technology.

Whereas other big players like Reddit pulled the plug on crypto-payments, Pornhub is ready to get in bed with cryptocurrency Verge (which traders probably better recognize as XVG).

Verge

Verge peaked before the announcement, especially due to rumours of partnerships with other parties like Ayden or Ebay. This would be a huge increase in value for Verge-hodlers. It quickly fell back down back to its original value after the announcement of a Pornhub partnership, making it seem expectations were a bit too high. A classical “Buy on the rumour, sell on the news”:

So will it work? It’s an interesting move from Pornhub, which seems a perfect partner for crypto-payments. As the adult-industry has always been op top new technology, this might be a good proof of concept for other parties.

Announcement video

retro

Written by Pete Gabriel

Journalist and tech lover.