BROOKLYN, N.Y.—Independent adult studio Dave's Custom Media is now accepting cryptocurrency for the purchase of its videos on its site davescustommedia.com.
The company said the move comes in response to continued pressure on the part of banks and credit card processing companies to force some distribution platforms to either alter, censor or outright remove content created by multiple creators and producers in order to continue to be able to accept payment.
"Some of my work has definitely been censored," said DCM Predident and chief content creator David Harris. "I've had video descriptions altered, and in some cases, I've had videos outright banned from platforms."
Harris said he sees cryptocurrency as a way for not only the adult industry, but other businesses to unplug from the mainstream banking system that impacts e-commerce.
"You hear about it all the time in adult," said Harris. "Models are having their Paypal accounts terminated, and platforms are having their merchant accounts terminated because we're considered a 'high risk' industry. I don't blame distribution platforms for giving in to the banks. They have to do what they have to do to stay in business. But, I truly believe that adopting cryptocurrency is the way forward for this business. It puts payment processing back in our hands, and eliminates the banks from the equation."
Currently, Dave's Custom Media is accepting major currencies such as Bitcoin (BTC<) Ethereum (ETH) Litecoin (LTC) as well as two smaller alt coins, Steem (STEEM) and Hive (HIVE).
"Steem and Hive are interesting to me because those altcoins are the backbone of a blogosphere that actually pays you in crypto for your content," Harris said. "There's a service that operates on the Hive blockchain, called 'DPorn,' which is specifically designed to pay you in crypto for upvotes (likes) on your adult content. I enjoy sharing content in that space. I like getting paid simply because someone likes my stuff."
Dave's Custom Media is celebrating this move by offering its videos to those paying in crypocurrency for just $5 each (discounted from the prices on other platforms.) For more information, visit davescustommedia.com, and click on "buy with cryptocurrency" in the menu.
