Blockchain technology in adult content market and dating

As it is routine I was researching on crypto-coins and I ended up finding a very interesting project Kencoin — a crypto-related to the world of sex, that’s right, the first standard currency for safe and anonymous transactions in purchases related to adult content and dating.

The currency has all transactions protected, it means that it has no risk of retrocession and can be accepted as payment by the merchants, without worrying about frauds

Kencoin is partnering with merchants and service providers to be usable in the physical world through a mobile wallet. Because it is a market with some restrictions, the security issue is the main focus of the project, which has implemented models based on the most reliable cryptographic protocols and algorithms, with a total anonymity of encryption portfolios, and the rates are almost 0%

Unlike a few years, with the advancement of technology we have our privacy and daily exposure on social networks, to address the issue of sex is a difficult subject to be commented by a good part of the population

Even though it is a well-accessed market, pornography sites have some problems because a great majority of their visitors refuse to enter with a credit card or other methods that have private information, so what to do to solve this?

It was on this question that Laurent Chekroun, the CEO and co-founder of Kencoin, elaborated his project, with a good curriculum since he had worked in the last 25 years for the main investment houses and financial companies.

Some flaws and data breaches in a particular adult entertaining industry have caused Laurent and his team to create a completely anonymous, non-tracking alternative payment method to ensure privacy and consumer safety.

Benefits

Kencoin’s marketing team is made up of experts and professionals from around the world and is working to expand Kencoin’s merchant network.

Leading partners will have some privileges and incentives to bring more affiliates into the Kencoin Currency that can be spent on their respective platforms

Kencoin users will also have advantages, such as discounts on purchases made on Kencoin’s partner sites, this will enable rapid adoption of the Currency.

Kencoin is structured as a smart contract in the blockchain Etherum.
Thus, all payments made with Kencoin will be able to be tracked and be verified by the merchant if the transaction has been completed

Kencoin can be acquired through other crypto-coins, such as Bitcoin, or bought with traditional coins

These methods will offer great benefits for adult content sites, reduce your operating costs by increasing, database and user conversion.

Wallet kencoin

The Kencoin Marchant wallet provides two main functions:

1-It can serve as a spending portfolio, where traders store Kencoins received or purchased

2-The Kencoin Marchant portfolio will keep pace with market developments so that it can adapt to any emerging needs of merchants and suppliers

His transactions occur instantly due to the partnership with one of the main cryptomoeda stock exchange (which will be revealed shortly). Traders will be able to convert their Kencois to the currency of their choice, encryption or traditional.

Kencoin partners will use the payment gateway, which is being tested internally by the Kencoin developer team

With this payment gateway process users can acquire the currency directly, with Bitcoin, credit card and other methods, without having to leave the site, bringing security, scalability and ease of use,the Kencoin payment option will appear highlighted

Use of funds

The funds raised in the project will be allocated to the development and commercialization of Kencoin Tokens for the purpose of being introduced throughout the adult content industry and dating

A total of 1 billion KNCs will be created, of which 600 million will go to the ICO. In addition, an additional 35 million KNC Tokens will be created and held in reserve for the industry platforms and sites to be shipped and sold over time.

About the market

The global adult content industry is a money-intensive market estimated to be about $ 20 billion, with $ 10 billion in the United States alone.

It is very lucrative and the arrival of Kencoin will ensure a large increase in adult content purchases as movies, since a survey reveals that 80% of 90% of users prefer free content, plus that because they do not want their identity to be revealed

Kencoin can be used in places reserved for adults (strip clubs, adult clubs, concerts), these places depending on the country and its laws, enjoy a large clientele with their profits linked to expenses with drinks and other services offered on the spot.

Customers who have Kencoin do not need to worry, when paying the bill in these places, because using the currency will not need to provide their IDs

“This article was created in exchange for a potential token reward through Bounty0x”

Username Bounty0x: toteram034