NFTs about to get a whole lot saucier!
At CoinTribune, we are used to presenting you with all the projects that are up and coming in in the ecosystem. However, today’s project is somewhat… unique! You’ve seen NFT projects come out on just about every possible theme from time capsules to Pokémon on the blockchain. Yet right now, it seems a completely different industry is interested in NFTs and in turn wants to revolutionise its own ecosystem. Trust me guys, you will want to stick until the end for this one!
The crazy rise of NFTs
If you’ve been in the cryptocurrency ecosystem even for at least a few weeks, you can’t have missed NFTs. NFT stands for Non-Fungible Token and represents a unique token that can be traded on different dedicated platforms.
You can find these tokens of a new kind on many protocols such as:
- Ethereum (ETH)
- Crypto.com (CRO)
- Binance (BNB)
- Ternoa with SecretNFT
The rare and unique appearance of these tokens make them a perfect use case for many areas such as; trading cards, sports, art, music… but also in sectors where discretion is essential.
Recently NFTs have continued breaking multiple sales records which has given rise to a plethora of new records.
Just a couple of examples are:
- A single photograph sold for over $400,000 (~£288,000)
- A New York Times article sold for $560,000 (~£403,200)
You can imagine that this is a world where money is freely available. And yet… we are simply talking about photographs of the everyday world.
Until now, one sector is yet to seize on the NFT bandwagon, yes… maybe you already guessed it – an industry very familiar with photography and video: pornography! With more than 15% of all websites visited in world are pornographic ones and more than 35% of the videos downloaded over the internet are sex videos, you can see why this is BIG news (so sorry for that pun).
Furthermore, pornography is a sector that lends itself strongly to NFTs since it is a world where discretion reigns supreme. Moreover, the economic models practiced in this field are in line with cryptos’, in particular the high amount of micro transactions which are processed. Combined with NFTs, this seems to be a match made in porno heaven. Enter RarePorn.io: the solution to this interesting partnership.
RarePorn.io: a platform with wild ambitions
RarePorn is the first French marketplace offering porn related NFTs to the adult industry. This marketplace will include:
- Digital pornographic content
- Physical items
- Assets secured by blockchain
The goal behind these different products is to have limited or even one-off/first edition NFTs that are linked to a porn star or a big event in the industry.
The first sale
In fact, the first of these NFTs is currently being auctioned at 0.46 ETH (£1,103.11 as of Thursday 6th May) and it will end in three days’ time (Sunday 9th May at midday).
This auction has been carried out in conjunction with the porn star from Marc Dorcel: Cléa Gauthier. The winner will obtain an unique NFT that will include:
- A digital image linked to the NFT
- A live FaceTime with Cléa Gauthier herself
- A pair of her (very) little panties
What is interesting is that NFTs like this could be then sold on for a very high price in the secondary market to potential collectors, depending on the popularity of the porn star in question.
Two other stars have already positioned themselves to launch their own NFT:
The platform isn’t intending to stop there. To hasten its development, RarePorn is launching its ICO with its token, PKN. This ICO comes as RarePorn has already attracted a lot of interest.
In just three weeks, the platform succeeded in making itself known to the general public. Here are some numbers:
- 4000+ active users
- Available in 91+ countries
- 100+ actors/actresses prepared to offer their NFTs
As you can see, the RarePorn platform has managed to win over many users in a very short space of time. By the way, this success is not surprising when you look at the numbers from the adult industry. Without a doubt, the ICO of RarePorn and their PKN token could be a huge success! Either way, we’ll cover this for you at CoinTribune in partnership with Markchain. In the meantime, we have an exclusive competition to offer you with the project! To participate just follow the instructions below!
Just your average global millennial embracing, and interested in, the future of money and finance. Excited by blockchain tech as well as fintech but have a special passion for DeFi and Yield Farming, what will this technological disruption bring next?