LAS VEGAS—SpankChain announced the debut of SpankPay, a cryptocurrency payment processor.
SpankChain launched with its first two integration partners, SkyPrivate and JustFor.Fans.
“With SpankPay, we are bringing immediate value to adult merchants by helping them accept crypto, avoid chargebacks, and reach a global audience,” said Ameen Soleimani, CEO of SpankChain. “We are proud to launch it with SkyPrivate and JustFor.Fans, which are lead by two of the most forward-thinking business leaders in the adult space.”
SpankPay offers a simple, seamless, low-cost way for users to consume adult content online. Users can use a number of different cryptocurrencies—including BTC, ETH, LTC, Zcash, Monero and most other top cryptos, for instant transactions and one-click purchasing. Merchants can take advantage of SpankPay’s 0.5 percent transaction fees to lower costs and increase platform revenue.
This is the second major product release for SpankChain, a company building blockchain-based economic and technological infrastructure for the adult entertainment industry. The first, SPANK.live—a camsite—recently opened up to international models and added credit card processing, and is scheduled to have this version of SpankPay integrated to allow for a single payment solution across a number of different online adult sites.
Alex Bluck, CEO of SkyPrivate—the leader of Skype pay-per-minute technology—shared his beliefs from the company’s 2013 founding.
“Every human being deserves to have the same equals rights and that everyone must be paid for their time and knowledge,” Black said. “The way we fight for equal earning opportunities is by building friendly payment tools on top of communication channels people around the world already use.”
Dominic Ford, creator of JustFor.Fans, said, “We are excited to offer cryptocurrency payment options to our subscribers. Using SpankChain, we don’t have to worry about being shut down due to the fact we are an adult company. We’d much rather support our fellow adult solution providers than use outside solutions that are potentially not adult-friendly.”
SkyPrivate is a standalone platform where models can connect with members via Skype and Discord. The technology can be also licensed as an API or blacklabel (SaaS) to other businesses. In addition to Skype, SkyPrivate also operates several brands; OurLittleSecret—WhatsApp sexting (pay-per-message); membershyp.club — subscription based access for Instagram, Snapchat, WhatsApp and Kik; Unblur.media — an ecommerce platform where models can sell videos, pics, shows, panties or receive tips.
JustFor.Fans is the fastest growing fan platform. Built by a leader in the adult industry, JFF offers adult models more way to earn money than any other platform.
To learn more and get started with SpankPay, go to SpankChain.com/products/.
Developers can get started with the SpankPay SDK and APIs here.
