I think i had my eureka moment
 

Ok guys, tell me if this is a shit idea i don't think so, hence the title of my post my eureka moment.

I was in the industry in 90s/adult, and have not come up with an idea bright enough to pull me back in, but i think i have it now.

Idea is writing something as good or if not better as jerkmate/chaturbate, give it away to whoever wants to make a cam site/clone.

And then make it so said people can mint a coin to use as the payment method, i'm a talented coder look forward to your input, and if any other like minded anarchistic peeps who are devs, would welcome not having to build the blockchain by myself :-)

That is not much different then the current camsite model. I think.

User buys tokens that can only be spent at the cam site.

The only difference I see (if I have you right here) is that the token is blockchain.

Unless the coin can be used somewhere else or has a chance to grow in value I do not see the advantage.

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Which also means it can drop 99% in value... Not something the actual target audience are likely interested in at all.


Once you start building something around a token for the sake of adding a token, you are trying to target the wrong audience, aka not actual paying customers.

What about privacy? Why would a model have her entire history of transactions made public? Same with the site's visitors... Why is the blockchain needed in the first place?

Besides that, what's the whole point of the token? If crypto payments is the main goal here, you'd might as well add any of the 100s of other crypto currencies already out there as a payment method. If the whole idea is to have some sort of "crypto payments only cam site", you are missing out on another 99% of your entire target audience.

You are not the first one having the same idea, but it really isn't that much of an "eureka" moment as you claim because it will 100% fail.

yes your both correct, the only thing that would be different would be the crypto part of it, but thats the fun part of it, i've being a crypto guy since about 2017 but this is the holy grail really to think of something where the coin would have utility and not just some bullshit exit scam etc :-)

open source everything, i mean if you wanted to get the cam 2 cam shit done with a nice cms you would be talking maybe 50k large at least to get it built.

github, slash graysonllc, slash cyberlogic some of my code from a few years ago, fully automated crypto trading bot with machine learning it picks the coin, worked for a bit quite well

thanks for the input thou guys, i expected has been done before

from a privacy point of view it could have some bonuses, like kyc on the block chain has been done already, if there was a consensus model, like tezos has

well the coin will be tradable on exchanges to, main aim so the cam girls can just get a wirex card and not pay taxes thats a good thing

I almost feel like with your skills and passion for crypto you should be doing a crypto project my friend. That being said if you find a way to combine adult with crypto that'd be cool. I don't think this current idea is really "it" though, but keep thinking. You are getting close to something tasty!

I still don't understand why the industry as a whole has not started its own decentralized (and fully supported) cryptocurrency payment processor as yet that surfers can buy discreetly and use to pay for goods and services.

PornPuppy or some other bullshit crypto name.

It would seem like all it would take would be for one of the larger processing companies to start pushing such a system in combination with their credit card payments for it to take off industry wide.

It used to be that the adult industry were innovators when it came to new tech and mainstream followed... Those days are long gone it seems.

The adult industry must process billions upon billions of dollars worth of sales every year, if even a small percentage of those sales were made with a cryptocurrency, the value wouldnt drop enough to have a negative effect on its overall value and useability as a legit payment system for membership sites, goods and services.

This is literally no different then what every cam site does except that you are doing it via blockchain instead of a ledger in a database, except it's more work because you have to make the whole blockchain. If the site itself is the one that pays out, then the blockchain is useless and makes no difference. If it's not the site that pays out but the performer can withdrawal to an exchange then the exchange must have it listed, the value of the token can vary, and you have to teach (some of which are dumb as dirt) cam models how to actually get their money. Seems to me like it's solving a problem that doesn't really exist.

There was dozens of porn-related shitcoins, all of which failed catastrophically because there is absolutely no need for a porn-related crypto currency. You can just as easily use any other crypto. Besides that, on most sites that do accept BTC/ETH/etc crypto payments are like <1% of revenue.

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They were never backed by an exising, high volume payment company, CCBill, Epoch, NetBilling, if they put their collective minds together the sky is the limit.

When dialers were big money back in the 90's they got automatically added to the billing mechanisms as an alternative, then, several years later, were offered in conjunction with credit card billing and they made the dialer companies millions.

A percentage of something, is better than nothing, decentralized payments is the future, whether we like it or not, it is still in its infancy, imagine an adult processing company the likes of what MTGOX did before they stole everyones funds... Backed by an already established, trusted payment provider.

they have mate, google coti, they accept all cards plus about 30 different crypto's all in one sleak payment form

There was one called Pumapay that was done by someone in adult, I forget who - but they got $117mil in funding.

Anyways, much of the income of paysites is recurring membership. People sometimes leave it running for months or years and forget about it entirely. You can't do that with crypto.

dialers heheh yes i remember those :-) your talking the good ol day's there about 97 :-)
i appreciate all the input, i think i am still going to go ahead and do it anyway because i think it will be a fun project, if it ends up going in the direction of being a processor cool with that to, after 2 years of writing real estate apps this is going to be fun as fuck and who knows maybe might score a cam girl or 2 lol

I think you should go for it, if you believe in it.

I don't want to be paid in crypto, so I wouldn't sign up to promote a site that only paid in crypto.

:2 cents:

You are making it sound like this is a simple task that could be done overnight. The reality is it's extremely difficult and would cost a lot of money and take a lot of time.

As others have said, adding crypto would do nothing to help your cause.

I would go back to the drawing board.

Sorry if that sounds harsh, but you need to be realistic.

You're giving "eureka" a bad name (and "eureka" is already a pretty bad name to begin with) . . .

Eureka is a pretty cool town though.

I am talking about the one in Northern California. I hear the one with the springs in Arkansas is pretty cool too but I have never been there :(

.

Understand yes is not an overnight project, plan to write mosd of it myself so it won't cost anything
other than time. Expected the flames to come earlier, and eureka whatever dude i'm going to do it and you can kiss my ass, going to open source everything

i estimate prolly chaturbate part will take 2 monthes
me and one guy

You're giving "eureka" a bad name (and "eureka" is already a pretty bad name to begin with) . . .

what have you come up with lately then/