This Cryptocurrency Has Partnered with Naughty America to Become Their Content Distributor

krakoise (54)in #cryptocurrency • 7 years ago (edited)

DECENT, a decentralized content distribution platform, announced their partnership with Naughty America in October 2016.
https://twitter.com/decentplatform/status/784349245432180737

As Naughty America is not publicly traded, I can not find specific details on the company's valuation, so one has to try and extrapolate from the data that is available.

In 2016 Naughty America had 3.8 million subscribers according to details gathered from their data breach:
https://nakedsecurity.sophos.com/2016/04/15/millions-more-adult-and-dating-website-accounts-for-sale-on-dark-web/

These subscribers would be paying about $17.46 a month or $71.40 a year for a subscription.
http://www.pornusers.com/review/naughtyamerica/

That would put their annual gross income between $271 million (if all users were on an annual subscription) and $796 million USD (if all users were on a monthly subscription).

"Keeping with its commitment to technology and digital media, Naughty America CIO Ian Paul told press that “Fighting piracy and protecting privacy are key priorities for Naughty America.”

“DECENT offers us the ability to accomplish both at the same time due to the technology’s level of security, transparency, and inalterability of records.”"
Source: http://bitcoinist.com/decent-naughty-america-porn-piracy/

Something important to remember is that this is only their first major partner. If DECENT is successful they will attract more partners. It's likely they are already in negotiation with more, but have not announced it.
https://decent.ch/en/partners/

The company has already proven that they are working on much more than they let on, as is evident with the release of DECENTGO within a month of the announcement, and the addition of the DCT token on the Bittrex platform the day of the main net launch. If you go to their homepage (http://decent.ch/) and scroll down to apps, you will find there are two projects listed that I believe are running on the DECENT network (confirmation needed). These are only in demo and prototype stages. However, other than adding these links to their site they have made no official announcement regarding these decentralized web applications.
http://publiq.network/
https://blog.decent.ch/

The current price at the time of this article's posting is around 0.00045 BTC. This puts the market cap around $56 million USD.
http://coinmarketcap.com/currencies/decent/ (At time of posting Coinmarketcap has not yet updated DECENT information)

"Michalko hopes that by 2020, DECENT Network will have become the number one worldwide media sharing platform.

“We hope to bring more transparency and fairness to the digital content industry for both creators and consumers. I hope that with our launch people will realize the advantage of DECENT Network over other content distribution platforms.” "
Source: https://bitcoinmagazine.com/articles/decent-launches-global-media-distribution-platform/

Thanks for reading. I'll be posting about DECENT and any other cryptocurrencies that catch my attention from time to time, so if you enjoyed this post follow me so you can be sure to catch the next one.

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