Eros is a decentralized marketplace to match consenting adults looking for sex with consenting adults looking for money. Find out how Eros.vision works today in our review.
What Is Eros?
Eros, found online at Eros.vision, aims to introduce blockchain technology to the world’s oldest profession. Using Eros, consenting adults looking for sex can match with consenting adults looking for money.
As the Eros website explains, the company is “building the OpenBazaar of Sex thanks to Zeronet and Ethereum.”
Eros launched its ICO on July 10. You can buy Eros tokens to hold onto their value, or to spend them on the platform in the future.
How Does Eros Work?
Eros aims to be the world’s first decentralized sex marketplace. The decentralization allows anyone on the planet, no matter where they live, to access the platform easily. The Eros website specifically mentions that anyone – whether they’re in a conservative country like Iran or a progressive country like the Netherlands – can access the decentralized sex marketplace.
The decentralization also has important legal advantages: the developers are seeking to make a marketplace “that cannot be censored, banned nor shut down by any government or religious authority.”
Obviously, there’s a precedent for Eros: bitcoin first reached notoriety for fueling the online drug and prostitution trade in the early 2010s. Eros sees a similar opportunity for Ethereum. They claim the market is valued at over $100 billion USD. By taking activity off the streets, and onto the blockchain, Eros can improve the efficiency and safety of the industry.
The platform will make money by charging sex workers for listing, and then charging a fee for each booking.
On the buyer side of things, the Eros platform looks like a social network for sex workers. The left side of the page features menu items like “Browse Escort List”, “Manage Escort Bookings”, “Messages”, and “Notifications”. Meanwhile, the right side of the page features a collection of photographs of sex workers available for booking, along with their age and location.
On the seller side of things, sex workers can browse their dashboard to manage bookings and payments, change their profile, and view customer information. When a new booking request arrives, the worker can see the requested date, location, and payment before accepting.
Both workers and users have a reputation system they can use to verify their authenticity. Ratings are based on a simple, five star system.
The entire system is built on Zeronet and Ethereum, while the reputation system is called Beaver.
The Eros ICO
The Eros is scheduled to last between July 10 and July 23, 2017. The price per token is set at $1 USD. There’s a hard cap of 10,000,000 ERS, with a distribution of 9.5 million ERS to token holders with 500,000 ERS being held for founders.
The company hopes to raise 5 million ERS, or $5 billion USD. They’re accepting payments in the form of BTC and ETH.
Why should you buy an Eros token during the ICO? Token holders get free platform access (although non token holders get this advantage as well). More importantly, token holders get 2% revenue sharing (revenue comes from listing fees and bookings), exclusive early beta access, early contributor pricing (25% off any booking paid using EROS tokens).
Eros was founded by Michael O’Brien (CEO) and Kevin Yang (Co-Founder and CTO).
The company launched its ICO on July 10. They expect to launch a beta before August 23, with a public launch and open source release taking place on September 23. By December 23, the company hopes to have 100,000 monthly active users.
In an interview, O’Brien insisted that,
“We’re solving here a mass market issue, and we’re probably the very first Ethereum dApp to do so. It seemed obvious to us that the oldest profession in the world needed a much more resilient platform, which we achieved to build thanks to Ethereum and Zeronet.”
The company exited stealth mode and announced itself onto the internet on July 2.
Eros is an innovative platform based on Zeronet, Ethereum, and the Beaver reputation system. Zeronet replicates the platform across all users browsing it, while Ethereum ensures the total anonymity of all financial transactions. It’s being called the “OpenBazaar of Sex”, “Backpage 3.0”, or the “SilkRoad of Sex”.
With Eros, users can solve some of the biggest problems in the world of prostitution, including safety, legality, and reliable reputation systems. It solves inconveniences for both buyers and sellers, which could make Eros appealing to more than just niche cryptocurrency users.
You can learn more about Eros, or take part in their ICO today, by visiting Eros.vision.