Why Pornhub is a good partnership for Verge XVG
First some facts about the porn industry in general. The porn industry itself is one of the biggest industry worldwide. The yearly sales of the porn industry is about 97 billion dollars. Porn sites receive more regular traffic than Netflix, Amazon, & Twitter combined each month (source: HuffPost).
In 2016 alone, more than 4,599,000,000 hours of porn were consumed on the world’s largest porn site (source: PH Analytics). The porn industry makes more money than Major League Baseball, The NFL and The NBA combined.
Pornhub is the leading adult platform since over 10 years now. On Pornhub, 91,980,225,000 videos were viewed in 2016 (source: observer). It has over 458 million visits every month and more than 22 million registrated users. The website domain www.pornhub.com is worth 3,752,500,000 USD (www.worthofweb.com).
The most people out there hadn´t heard of Verge anytime. If Verge is announced by Pornhub to be a payment method, it is a simple calculation how many poeple will know Verge in the future. Just let there be a small percentage of that 22 million users who will be interested in Verge. Let´s say, only 5 percent are interested, that would be 1,1 million users who does maybe invest in verge. No other porn platform had accepted cryptocurrencies as a payment method, Verge is the first one and it is accepted on the largest porn platform worldwide.
After the announcement that Verge has partnered with Pornhub, the price goes from 0,1 USD/XVG to 0,076 USD/XVG. That might be that the poeple have awaited a company like Amazon or Alibaba. Like most time on things like this, the people are going crazy and their imagination has no borders anymore. Then they were disappointed about the partnership. What most investors forget is, how big a partnership like this is and how many new investors are reached now.
The important partnership is not only Pornhub, it is with MindGeek, the major company that holds Pornhub. That means, Verge will be accepted maybe on all their platforms worldwide, not only Pornhub. MindGeek holds companies like Pornhub, Redtube, YouPorn, Brazzers, DigitalPlayground, Reality Kings, Men.com and more.
Since 2011, MindGeek (earlier ManWin)is managing the Playboy products in TV and Web. It is the 3rd biggest player in the web-game.
After the announcement, the global press have reported of that partnership. Verge will get very famous in the next few weeks and will be known by people who have never heard of cryptocurrencies.
On the long time run, it will maybe push Verge up because more and more of non-crypto people will be reached and get noticed of cryptocurrencies. What Verge has done now is a big milestone and the whole crypto world will profit of it. Verge on Pornhub will wake up big companies like Amazon or Alibaba to allow cryptos on their platform too.
Well, love or hate it. But the haters can´t deny that porn is one of the oldest and biggest business worldwide in the history of mankind.