---
title: "Finally, Porn Is on the Blockchain"
description: "A new crypto platform called SpankPay wants to become the go-to payment service for porn and adult entertainment, circumventing more hostile financiers."
date: "2019-08-01"
modified: "2019-08-01"
authors:
  - name: "Dan Robitzski"
    link: "https://futurism.com/authors/danrobitzski"
url: "https://futurism.com/the-byte/porn-blockchain"
categories:
  - "Science & Energy"
tags:
  - "bitcoin"
  - "blockchain"
  - "cryptocurrency"
  - "porn"
  - "the digest"
---

# Finally, Porn Is on the Blockchain

![A new crypto platform called SpankPay wants to become the go-to payment service for porn and adult entertainment, circumventing more hostile financiers.](<https://futurism.com/wp-content/uploads/2019/08/porn-blockchain.jpg>)
*\<em\>Image: Tag Hartman-Simkins\</em\>*

## SpankChain

A new blockchain company called SpankChain wants to become the go-to payment platform for internet porn with its new service, "SpankPay."

If SpankPay takes off, it would let porn companies, adult entertainers, and perhaps sex workers accept payments of cryptocurrencies like Bitcoin, ether, and monero, [according to *CoinDesk*](<https://www.coindesk.com/spankchain-launches-crypto-payments-service-for-adult-content>). It's easy to joke about putting [miscellaneous new industries](<https://futurism.com/pornhub-accepts-verge-cryptocurrency>) on the blockchain. But in this case, a crypto option could help adult entertainers make a living despite [hostile](<https://futurism.com/bangladesh-social-media-war-pornography>) [governments](<https://futurism.com/papua-new-guinea-is-about-to-block-facebook-to-curtail-hate-speech-fake-profiles-and-porn>) and more [conventional payment platforms](<https://www.dailydot.com/irl/is-paypal-sex-negative/>).

## Skimming The Top

SpankPay will take a 0.5 percent cut of each crypto payment made on its platform, which is several times less than what a credit card company would collect, *CoinDesk* reports.

The crypto payment service has a few partners already, according to *CoinDesk*, like the webcam service SkyPRivate and an adult site called JustFor.Fans.

"With SpankPay, we are bringing immediate value to adult merchants by helping them accept crypto, avoid chargebacks, and reach a global audience," SpankChain CEO Ameen Soleimani told *CoinDesk*.

**READ MORE:** [SpankChain Launches Crypto Payments Service for Adult Content Providers](<https://www.coindesk.com/spankchain-launches-crypto-payments-service-for-adult-content>) \[*CoinDesk*\]

**More on porn crypto:** *[The World’s Biggest Porn Company Now Accepts a Cryptocurrency](<https://futurism.com/pornhub-accepts-verge-cryptocurrency>)*

## Author
Dan Robitzki is a senior reporter for Futurism, where he likes to cover AI, tech ethics, and medicine. He spends his extra time fencing and streaming games from Los Angeles, California.

### Author social links  
[Twitter](<https://x.com/danrobitzski>)