Adult entertainment cryptocurrency WankCoin has become the most widely used adult coin to date, being accepted on more than 100 websites, according to a press release CoinReport received from Foshan Media Relations, the press affairs arm of technology firm Foshan, which is the creator of WankCoin.
WankCoin runs on Ethereum blockchain. It enables those enjoying adult entertainment to never worry about things like:
- Blind one-click agreements
- The sale of personally identifiable information
- Charges for products not purchased
- Explicit names and terms appearing on statements
- Billing after cancellations
- Data breaches
WankCoin managing director Bradley Philips said in the press release we received, “Foshan has a history of recognizing consumer pain points and leading the charge to offer cutting edge ways to improve user experiences. When it comes to enjoying adult content, keeping your identity private and information secure is a continued consumer concern, which is where WankCoin originated.
“Because a customer’s data will never be shared with a merchant, users do not have to worry about a potential data breach, blackmail, or secret fetishes being revealed. Innovation is in Foshan’s DNA and early on we recognized the benefits utilizing cutting edge technology like blockchain would provide the adult industry and we were the first business to apply it to make purchasing adult content anonymous and untraceable.”
The adult entertainment digital currency is available for purchase, unlike many cryptocurrencies that are not applicable to real-world transactions. Foshan says in the release it will be partnering with more sites to bring more entertainment options to users, adding that both the users and partners benefit from transaction fee reduction, fast payments and elimination of fraud and lessened burden of data protection, all of which make WankCoin a payment option of choice for not only those buying adult content, but also those selling it.
Foshan is the parent company to WankzVR, a popular adult virtual reality entertainment website.