Vice Industry Token Sale is Open: Everything You Need To Know

in blockchain •  7 years ago 

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The wait is over! We are starting the Vice Industry Token sale today.

Our project has created a lot of excitement. During the initial Pre-Sale and Whitelisting period, we raised $21.4M in under 24 hours. We are oversubscribed for our main sale, with 64,000 users. Thank you for your great support!

We are going to tell you about VIT tokens and the reasons to get your hands on them.

What Is Vice Industry Token?

Vice Industry Token is a blockchain-powered platform that actually pays people for watching porn.

Aiming to fix today’s ad-based free viewing model that is dominated by tube sites and only benefits web traffic companies, Vice Industry will fork off the technology behind the Steem network and create a blockchain-based platform that rewards viewers for authentic attention and incentivising producers and curators to develop high quality, engaging content.

Even amateur film producers can get paid per view!

Pre-Sale & Whitelist

On 11 January, the company created a registration process that allowed prospective buyers to reserve the right to purchase tokens during the token sale in exchange for a small reservation fee. These lucky contributors have had the chance to secure their tokens and in less than 24 hours over $21.4m has been raised.

Now is your chance to secure despite some initial issues with the smart contract that have been since addressed.

Vice Industry Token Growth Drivers

The project is backed by Penthouse TV and partnerships are already in place with a number of leading content sites like Cams.com and Exxxtasy and more.

Vice Industry Token Smart Contract

After writing our smart contacts for our crowdsale and seeing all of the positive feedback and interest from the community, we decided it would be best to work with outside security partners to audit our code to verify that we have the most secure experience possible. We worked with leading smart contract auditors SmartDec, Hosho and Bokki. Over 82 million dollars has been stolen due to smart contract flaws, and we have no desire to add a single cent to that figure.

How can I pay for VIT?

The only payments we’re accepting are Ethereum, from an ERC20-compatible wallet, whose private keys you own and control.

This means you can’t pay with ETH from an Exchange wallet. Need to find an ECR20-compatible wallet? Check out this list from TokenMarket for guidance.

Avoid fraudsters & scammers

Token Sales bring out the scammers and fraudsters — so be smart and protect yourself!

Payment information will only ever be communicated on our website, or Vice Industry blog. If you receive emails or DMs asking for payment, they are fraudulent — don’t send them any money.

Read more about staying safety in our Medium post here.

Important Details

Remember the ONLY place to buy VIT tokens is the official Vice Industry Token website, our admins will never ask for ETH payments over DMs and the ETH address is publicly posted on our website.

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Resteemed.

Any estimate of when the platform will be ready?