The Revolunization of The Adult Industry Through Web3
From Cable to VCR to the explosion of the Internet, the adult entertainment industry has been at the forefront of merging technologies into driving consumption, growth and of course huge revenue. In 2001, there were about 70,000 adult websites. Today, there are more than 4.2 million pornographic websites in the U.S. alone. Around 35% of all internet downloads are pornographic and access to such stimulating content is simply at the touch of an addictive screen.
Being no stranger as a catalyst that has launched technology forward, the adult entertainment industry is now using web3 to revolutionize how adult content is created and consumed. Basically, Web3 is the next evolution of the internet. It builds off current Web 2.0 with added functionality. Decentralization, privacy, security and machine learning are some of the major fundamentals of web3.
The Adult Entertainment Industry Today…
How well, not how far, encapsulates the adult entertainment industry of today. The industry has fattened up and is estimated at $97 billion, with about $12 billion of that coming from the U.S. Technology like the Internet truly changed how people consumed porn and the judgemental narrative around the adult entertainment industry significantly. In 2001, there were 70,000 porn websites but that number is now at 42 million. Since 2016, the adult industry has also been in an intimate relationship with technological improvements, especially VR technology. It’s projected that virtual reality (VR) porn should be a $1 billion business by the year 2025.
How is Web3 Improving The Adult Entertainment Space?
Web3 is perfect for adult content creators and consumers because not only does it strengthen their connection, it also introduces unique digital content consumption styles, such as the Metaverse, NFTs, DAOs, and others. Unsurprisingly, the adult entertainment industry has been an early adopter of web3 technology. The adult entertainment industry is a perfect use case for web3 technology. The industry suffers from high fees, chargebacks, and censorship. Web3 provides a solution to all of these problems.
Top Benefits of Web3 in The Adult Entertainment Industry
The advantages of integrating web3 in the adult entertainment industry are enormous and juicy. Here’s a couple of them:
- Decentralization
Web3 is conceptualized as giving ownership of data back to end-users through decentralization. Adult content creators will no longer be under the thumb of centralized authorities in the industry.
- Anonymity
Consumers wish to remain anonymous on adult content platforms. Web3 technology, the blockchain, allows both content providers and consumers to maintain their privacy. All transactions are conducted in cryptocurrency and hence provide more individual anonymity.
- Creator Value
The arrival of web3 has signaled a great opportunity for all adult content creators. Most adult content creators struggle to get the actual value for their work, owing to the intermediaries dominating channels for reaching their audience. The key web 3.0 advantages from the features of tokenization and creator economy could serve notable benefits for creators.
So, How VICEWRLD DAO is Championing This Revolution?
Walking the talk of changing the adult entertainment industry is VICEWRLD DAO. VICEWRLD DAO is an organization that seeks to integrate Web3, adult content, and community, making our organization one of the firsts to see the true potential in the adult industry.
We have already launched the $VICEDAO token which is listed on all major coin listing sites, including CoinMarketCap and CoinGecko and is actively traded on PancakeSwap. And the VICEWRLD DAO staking pool is also live and kicking.
What’s more is that we are championing decentralization and building a community with content creators and consumers. This sense of mutual ownership leads to increased buy-in from users, developers, and other key stakeholders.
In our whitepaper, the project will provide three main services for its token-holder community, including:
1. VICEWRLD Productions (Adult Content Creation): The community of $VICEDAO token holders will have a say in the creation of adult material produced both on the VICEWRLD OnlyFans brand Page which will be delivered via a collaboration between VICEWRLD Media and VICEWRLD DAO.
2. VICEWRLD NFT Drops: When it comes to launching NFT collections, VICEWRLD has an array of interesting NFT utilities and ideas to launch for the community and the adult industry at large.
3. VICEWRLD Adult Metaverse, where fun virtual sex experiences will be shared with consenting 18+ adults: Consenting adults will be able to enjoy shared VR sexual encounters, buy, and watch VR porn together in the VICEWRLD Adult Metaverse.
In a Nutshell
The adult entertainment industry has driven the adoption of new media for decades, integrating new technologies and giving more to consumers. Today, it is changing not just how consumers enjoy porn, but also how creators create, opening up a peer-to-peer, decentralized, and inclusive system with Web3. And one of the top companies integrating web3 and adult content is VICEWRLD DAO.
