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RE: Smart Media Token Powered By Steem Pays You To Watch Porn

in #ico7 years ago

SMT, the smut coin...
I can see this being a big money maker for somebody, but I'm not sure who. I'm guessing the largest portion of the rewards will be going to the producers, not the watchers. I guess that's how it always works.

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Smut coin. That's funny. The new coin is actually called VICE and accourding to the article

Vice’s new model for the adult industry has been developed at a time when 62% of revenues generated in the adult industry come from traffic, with only 24% of that figure being made up by content. Vice aims to solve this monetisation issue by establishing a traffic programme that will capture traffic, use it to create tokens and then distribute them back to viewers, curators and programmers.