A non-fungible token (NFT) marketplace called RarePorn uses technology to reshape the pornographic content market. What is RarePorn NFT explained in depth? How is it changing the NSFW adult content industry?
What is RarePorn?
The decentralized porn network powered by blockchain is restoring ethics to a field that has been long clouded in criticism and controversies. This year, RarePorn raised the most money in France, totalling $5.8 million.
The Ethereum Blockchain and the Binance Smart Chain are the foundations of RarePorn. The platform is a pioneer in the pornographic technology sector. RarePorn, a proponent of moral porn, wants to transform the global porn market "into a world of fair play" where morality and decentralization are the main priorities.
The first adult-content NFT from RarePorn, which featured Clea Gaultier, sold for $10,000. Six NFTs, often referred to as non-fungible Pokens (NFPs), have so far been sold on the beta platform and each one of them featured content from well-known actors in the business.
The pornographic industry is frequently stigmatized for a variety of reasons, but primarily for egregious breaches of human rights. Human trafficking, the exploitation of women and children, and the use of non-consensual content are persistent issues. Political and religious ideologies also criticize the sector and what it stands for.
On the other hand, some people use the creation of pornographic content as a means to a goal while others use it as their full-time job. Every job has dignity, and RarePorn wishes to provide a safe haven for those who make morally upright, consensual porn.
The goal of RarePorn is to develop a safe and open platform for fans of pornographic content. RarePorn hopes to eliminate "existing inefficiencies" in the market and restore trust and transparency through the use of blockchain technology.
RarePorn’s Poken ($PKN)
Utilizing the BEP-20 token standard, RarePorn. Additionally, RarePorn will carry out token creation using the Binance Smart Chain Wallet. Viewers that watch pornographic video on RarePorn will be rewarded with their cryptocurrency $PKN.
The pre-sale period for Poken (PKN), a multi-chain token, began on June 22, 2021, and will close at the end of July 2021.
RarePorn is now holding a token sale/ICO and has already raised more than $5.8 million after receiving $2 million in a private sale from tech players based in France. At this time, France has raised the most money so far this year. Investments can still be made up until the end of July 2021 for individuals who wish to get in on the fun.
The future of the adult industry: Privacy
Despite the drawbacks of the global porn industry, pornographic entertainment has a sizable market. X-Videos is the top website for adult content and the ninth most-searched website overall. It surpasses Netflix (12) and Amazon (11) with a total of 3.32 billion visitors over the previous six months, according to Similarweb (18). The ease of access to explicit content raises concerns about underage viewing, privacy, and other security issues.
Protecting the privacy of RarePorn content producers and users is made possible by blockchain technology. All payments are conducted with cryptocurrencies and cannot be traced back to a specific person. Additionally, RarePorn is dedicated to preventing young people from obtaining their content online. According to RarePorn, it will deploy cutting-edge artificial intelligence (AI) technology to block access to its content by minors.
