PORN-X ICO Review

Understanding The  PORN-X Project

PORN-X is a project that aims to create a fast cryptocurrency-based payment system. It runs on the Lightning Network blockchain. The team behind this project is made up of experienced financiers, developers, SMM experts, and traders in crypto coins. The aim of this team is to introduce blockchain technology into everyday life. To do this, they will combine two major sectors of the economy, the cryptocurrency sector, and the porn industry.

What Is the Purpose of the PORN-X Project?

The aim of the developers is to create an innovative platform powered by blockchain. This will allow users to pay for porn with crypto coin from anywhere in the world. This payment platform will allow users to pay for porn content via the blockchain and smart contracts.

Some Facts on the Crypto Economy

There are about 19 million people globally who use digital currencies. Today, the total market cap of digital currencies is over $2000 billion. The porn industry earns profits of about $18 billion from paid video content. Globally, people pay about $49.5 million daily to access porn content.

A Complete Eco-System

To make porn payments with crypto coins possible, the team aims to create an ecosystem that will comprise a digital currency. The currency will be known as the PORN-coin (PORNX). They will also create a wallet known as the X-Wall LTD. Additionally, they intend to create a mobile app that will make it possible to purchase content via QR code. This app, called X-Wall will be offered on Google and Apple.

The app will have an inbuilt wallet that will be capable of storing 20 popular currencies as well as new tokens created via the ERC20 protocol. To complete the ecosystem, they will create the payment system X-Q Pay. This will allow users to pay for content with digital coins on porn sites. This system will be implemented onsite via a plug-in.

It will be based on the Lightning Network. This plugin will have QR code, making payments seamless. To make payments via crypto coins, this QR code will be compatible with all popular wallets, include the X-Wall application.

Understanding X-Wall

This is a specially licensed application, which is designed to perform various tasks. For instance, it can store crypto coins, enter and withdraw funds using credit cards, transfer digital coins, and allow payment on partner sites using the X-Qpay software. It is also part of the boxed solution by X-WALL.

Understanding X-Qpay

It is a Software, which consists of two parts. One part is embedded in the partner site and will work on code generation. The other part works as part of the app to read the code and confirm payments.

PORN_coin(PORNX)

This is a token to be used as the main mode of payment. The coin is based on the Ethereum protocol ERC-223. This coin meets all the security requirement needed for various tasks such as paying for content on partner sites.

PORN-X ICO Launch Details

The PORN-X ICO launch will take place in Q1 of 2018. There will be 350,000,000 tokens generated. To buy the tokens, you will only be allowed to use ETH. 70% of the tokens will be made available for the ICO. The ICO starts in about 10 days.

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