NEW ORLEANS—The Lood Company, an adult media network and software company specializing in niche markets and decentralized finance, partnered with BankCEX on June 2, 2022 to issue LOOD currency for exchange on the latter's platform at an issue price of $0.01, valuing the project at 1.1M. This is the first time the company has had an asset on a cryptocurrency exchange since co-operating adult cryptocurrenct Titcoin until 2019.
This news comes just two months after Lood pivoted to adult gaming as its core model without scrapping plans to roll out a platform for adult content creators and studios akin to a "Google for porn" in late 2022.
For more information on The Lood Company, visit its website.