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SpankChain

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SpankChain is an adult entertainment platform and cryptocurrency exchange. It aims to protect users from the high fees associated with the (online) sex work industry. Users use SPANK and BOOTY tokens to pay for services on the platform. 

SpankChain

Most credit cards, banks, and payment processors don’t process payments for sex work like live webcam shows. Performers are limited to a few adult entertainment platforms that charge them high fees. With SPANK and BOOTY tokens SpankChain tries to build a fair sex work ecosystem. Spankchain held an ICO in 2017 through the sale of 1 billion SPANK tokens. It is the biggest blockchain company specializing in the adult entertainment industry. 

SPANK and BOOTY tokens

SPANK tokens are ERC-20 coins that users of the platform can transact, whilst BOOTY tokens are pegged to the United States Dollars and act as stablecoins. 

SpankPay

SpankChain is working on SpankPay, a cryptographic payment processor for the adult entertainment industry. Their goal is to become ’the PayPal of porn’. SpankPay is one of the available payment methods on PornHub. 


Methodology
Business24-7 aims to help those interested in cryptocurrency make safe and informed investing decisions. We are dedicated to offering our readers unbiased reviews of leading cryptocurrency exchanges for traders at all levels. Cryptocurrency exchanges are included in our reviews if they are safe, liquid, regulated by proper authority, or decentralized. 

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.

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