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Pornhub Hooks Up With Verge For Premium Subscription Payments

Pornhub, the world’s most prominent porn site, has begun accepting cryptocurrency payments using the privacy-centric Verge token for its premium, subscription-based service. In addition, two of Pornhub’s affiliate sites, Brazzers and Nutaku, are also accepting payments in Verge. 

Pornhub chose Verge as their cryptocurrency of choice due to both its anonymous design, and because over 5,500 Pornhub users voted for Verge as a method of payment for the site’s premium content. 

The company issued the following statement on a newly launched webpage dedicated to crypto:

“The future has come. In our efforts to keep current with our community's privacy and payment preferences, Pornhub will now be accepting Verge as a means of payment for services like Pornhub Premium and more, on our platforms. Building on Verge's core values of security, anonymity and practicality, the introduction of this cryptocurrency as a means of payment Pornhub signifies an important foray into the future from the industry that is always on the cutting edge of technology.”

Verge uses a public ledger with Tor and an anonymous network layer I2P, to hide the IP addresses and locations associated with specific transactions. The anonymity aspect of Verge makes it appealing for consumers of pornographic content, who may want to cover their tracks.

Pornhub’s VP Corey Price thinks that like many other technologies before it, porn could be a boon for cryptocurrency adoption, offering up this statement:

“History has proven that the adult entertainment industry plays a critical role in adoption for innovative technology. We saw that with VHS, Beta Max, credit card payment icons and, most recently, VR goggles. We expect to see widespread adoption of crypto and blockchain in short order.”

Verge Founder Justin Sunerok added that the partnership is “huge for Verge” and exposes the crypto to “an enormous market with a global reach that will compete with fiat currencies.” Pornhub has nearly 100 million users each day, that will now be exposed to Verge and cryptocurrency.

Pornhub and Verge will promote the partnership via Pornhub’s premium service payment portal, and through activations in New York City and Silicon Valley featuring porn stars, Lambos, and giveaways of Verge tokens.