SpankChain is a decentralized blockchain network aimed at the adult entertainment industry. Their solution allows professionals in this sector to take back control of their finances from traditional payment networks and financial institutions.
Often times these payment and financial providers do not look kindly upon this industry, and that can result in adult entertainment workers having their accounts frozen and their financial security compromised. By instead using SPANK's decentralized payment network, they not only gain access to a new community to market their services, but they are also totally in control of their funds.
On the consumer end, SPANK allows viewers to tip performers or to purchase content on a network that values their privacy. No credit card or personal information is required, and they can pay using any ERC20 tokens that they choose.
Wallet users can also group together many microtransactions (such as tips) so they can be mined together to reduce the fees required to send that money to other users and to reduce the overall load on the network itself. Interested in making a SpankChain investment? Read on to learn more about this interesting solution to long-standing adult industry problems.
For investors who are looking to buy SpankChain, there are several options available. This token also benefits from having a variety of trading pairs available for it that investors can utilize. These include Bitcoin, Ethereum, and the US Dollar Tether. USDT is the highest volume option, and it will likely provide you with the best trading price. Bitcoin is the runner-up though if you'd prefer a more traditional cryptocurrency pairing option.
This is an ERC20 token, investors will need to utilize a compatible Ethereum wallet in order to safely store their investment. There's a ton of great options here. Just make sure to only download reputable wallets, as there's a few floating around out there that are not trustworthy. A few legitimate options include the Meta Mask add-on for browsers and Coinomi or Jaxx if you prefer a mobile wallet application. No matter what one you choose, always back up your wallet to protect your investment!