Not Another Adult Cryptocurrency..
To be honest this post took a long time to write because I felt it was redundant. Another damn Medium post about a cryptocurrency you have never heard of. But here’s the gist of it before we get to the how’s/why’s:
In the future we hope to scale our stack to provide a broader more enterprise-oriented experience. This might manifest in allowing real life performers and studios access to a suite of software similar to what Google provides to the broader web. Except by adult industry pros, for adult industry pros.
You can read more about our project here.
In 2012 I founded an adult humor website called Joy-Toilet. The goal, first and foremost, was to have fun with it. I didn’t care about monetization, followers or traffic. And since cryptocurrencies had been well on the radar by then, having been graduated from high school for a couple years. And a nerd.
I decided that maybe doing something about it all would be a good idea.
I also should have got in while it was 80 bucks or whatever BUT, surprise-surprise, you could barely even do that back then. Which is why everyone thought it sucked (and has only gotten a little bit better since) to be honest.
I did the research and decided that it all still sucked. I brought on my least tech-savvy friend as a trust partner. Talked to some friends and we decided that a great business opportunity was in making cryptocurrency easier to buy..
Except we didn’t because we couldn’t figure it out, yet.
Instead we decided to get into adult video games because why not. But also because I had been working behind-the-scenes with some friends in the biz by then. So my understanding of the scene was becoming a real interest in it. I did the research and built out an idea that was getting tossed around. What if there was a porn tycoon game?
Then proceeded to sign up a bunch of adult cryptocurrencies to take part in what will be the current Lood platform, just, before it was Lood and had more ties to the game. The reason being to turn the performers into our version of cryptokitties using the crypto middleware I was building. It sounds boring.
At the time, even in 2014 we also discovered there was no fucking way to raise any money for an adult business. Which made us have to lean in even harder. We bootstrapped and subsequently had some working relationship with almost every adult crypto venture from 2014 to 2017.
We eventually took over Titcoin because it shared the same color scheme as that in-development strategy game of ours. Which actually went too well.
It ultimately outshined everything else we did from then on. To a fault! We barely had a grip on the tech 😥 and a key partner left to pursue other ventures. I learned a lot during this phase because I had to.
At that point we had never owned any of our partners’ coins and at best held just shy of 1M Titcoin several months after vesting. Most of these went to creditors and toward development. Nobody got rich, that wasn’t the point.
The point was and still is to make it easier to buy, sell and exchange adult cryptocurrencies for Bitcoin or Ethereum. This is what the Lood platform ultimately is. With LOOD itself being a new crypto asset on its own.
So what the hell happened? Well, we didn’t (but really, really almost did) go bankrupt trying to build actual products so we spun off Titcoin for acquisition. To be clear these were the brand rights. And by the then our role was more custodial than functional even with the development ties.
Then we continued developing Triple X Tycoon for release on Steam, without the maintenance of hosting a chain weighing down the rising cost of pixel art. The game, which was set to launch as early access, did not. And was a failure when it did due to censorship, burnout-based decisions and other factors.
So what now? Well remember how we partnered with adult cryptocurrencies seven years ago? To build Lood before Lood? That never stopped being worked on. And now we are using a refined version of that same technology to to do what we set out to do the first time. Except now that’s the entire point of our existence.
What I didn’t mention was that not only did we make adult games but we are now also made up of adult talent ourselves. With our own personal brands and those brands have labels and those labels own labels. You get it.
We do not believe that the future of adult is in OF-clones and NFTs. The industry had always done just fine without either. Lood is here to understand and promote a healthier market of viewers, tube sites and talent services without the bullshit. While making the porn biz more fun in the process.
We think the future is in experimentation. With talent and studios creating adaptive business models around the ever-changing needs of the market. Which is probably one of the most diverse there is. And that’s everything.
Thanks for reading!
🌐 Website: https://lood.cash
📬 Telegram: https://t.me/loodcrypto
🐦 Twitter: https://twitter.com/loodcrypto