Over the past few years we’ve seen quite a few adult coins come and go. From Titcoin to Sexcoin, many companies have tried to revolutionize the 100 billion dollar behemoth that is the adult industry – yet all of them have failed so far. The question is: why would an industry as innovative move so slowly into the crypto world? The answer is in the demographics.
People who have traditionally been paying for adult content are demographically very different from crypto adopters. They are significantly older and less tech-savvy than the crypto crowd. What the people behind the Flame Token understood is that, if they were to bring crypto to porn, they would have to convince a much bigger, entirely new demographic, to pay for adult content: the crypto and tech enthusiasts, the early adopters, the youngsters.
These people are not used to paying for porn and hate banner ads. They use ad-blockers, and they browse social media compulsively. They also like to support their favorite content creators through voluntary donations on platforms like Patreon. The Flame project anticipates that these people will want to voluntarily tip adult content that they enjoy, providing the overall experience is great. For the heck of it, we’ve integrated the Flame button below, so if you agree that this is how porn should be monetized, go ahead and smash that button.
To prove that this business model works, the creators of Flame also launched an adult social media platform called Sharesome, where users can reward content that they like by tipping Flames (XFL). The concept seems to have caught on, with Sharesome being the top destination for Tumblr refugees after the ban on adult content.
The Flame Token has an available supply of 10.5 billion coins, and is sold on Sharesome.com for $0.05, which would make it by far the largest adult coin and one of the top 20 biggest coins by market cap. Not bad for a $100 billion dollar industry, but there’s definitely room for more, provided people are comfortable with tipping. Given that we are combining porn and social media, traffic is definitely not a problem. What we know so far is that in just a few days, almost 400,000 people have signed up to the Flame Token airdrop, a momentum that’s unprecedented in this space.
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