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Verge is now accepted by Pornhub

Verge accepted as form of payment by world’s biggest porn site

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Three weeks after Verge asked the cryptocurrency community for $3 million in donations to fund a mystery partnership, the cryptocurrency has come through on its promise.

An announcement by Pornhub — the world’s biggest porn site — revealed that it will now accept Verge as a form of payment.

After a successfully raising the 75 million XVG coins, thanks to TokenPay, the cryptocurrency community started speculating who the mystery partner could be but not many could have imagined that it would be an adult site.  Now, users of Pornhub can pay for the site’s Premium HD-quality, ad-free subscription with Verge.

And the announcement was made via a safe-for-work commercial that also throws praise at the adult industry.

“History has proven that the adult entertainment industry plays a critical role in [the] adoption for innovative technology,” Pornhub Vice President Corey Price said in a press release. “We saw that with VHS, Beta Max, credit card payment icons, and most recently, VR google. We expect to see widespread adoption of crypto and blockchain in short order.”

Price isn’t wrong in his assessment, as reported by Australian website, news.com.au, as the adult industry has led the way in implementing newer technology which has led to major industries following suit. Hollywood touched on one of these subjects in the film “Middle Men”, which told the tale of how processing online credit card payments — before it became a widely used form of payment — began with the adult entertainment industry.

The announced partnership, however, isn’t with Pornhub specifically but with Mindgeek, the parent company of Pornhub who owns other adult sites as well. The other Mindgeek sites to accept Verge are production company Brazzers and adult gaming portal Nutaku.

Why did Mindgeek choose Verge over most established cryptocurrency? The main selling point is the anonymity that Verge offers. While other cryptocurrencies use cryptography, Verge uses Tor and I2P network to offer anonymity to its users.

Additionally, Pornhub users asked for the site to accept Verge specifically over other cryptocurrencies available. On Pornhub’s suggestion page, a post with 5,495 votes requested that the adult site start accepting Verge payments.

“Pornhub is a global organization with nearly a hundred million daily users. This partnership represents an enormous market with global reach that will compete with fiat currencies,” Verge Founder Justin Sunerok said in a press release. “It’s huge for Verge and we’re extremely excited to finally be able to announce it.”

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