Pornhub Reveals Partnership with Verge

Apr 18, 2018 at 7:55

After so much hype was generated with Verge’s (XVG) mystery partner for months, Pornhub finally revealed that it is teaming up with the digital coin.

Users can now pay for additional Pornhub features, including a premium subscription using Verge cryptocurrency but not for its recurring services.

“The volatility of crypto is concerning for subscriptions with recurring payments. As such, at present, we aren’t offering it for recurring payments, though we are in the process of working to do so… Our services have fixed prices in fiat so the value in cryptocurrency will change,” the web site’s vice president, Corey Price, said in an interview by Forbes.

Likewise, Pornhub’s affiliates, Brazzers and Nataku will also accept the said cryptocurrency as payment citing XVG’s focus on anonymity makes it ideal for the services that they offer.

“Our acceptance of Verge is an affirmation of our dedication to innovation and privacy, which recently has caused much concern and been at the forefront of all tech consumers’ minds… We’re extremely excited to offer our fans the ability to use crypto and think Verge, with its focus on anonymity, is the best option – whether for privacy, convenience or both,” Price added in a press release.

He mentioned that they are also considering whether to accept other cryptocurrencies as payment in the future.

Meanwhile, XVG founder, Justin Sunerok said that the partnership will enable them a wider reach.

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

As of this writing, XVG’s market cap is $1.1 billion and priced at $0.0750 per token.