Vice Token releases WHITEPAPER

Finally the VICE token has released its' WHITEPAPERS on their site www.vice.org

Some great info!! Check out VICE.ORG for the full whitepaper plus you'll see token allocation, ICO info etc

Rethinking Monetization for the Vice Industry

ViceToken.com wants to disrupt and rebuild the monetization of
free adult content through a better understanding of adult content
users, the entire Vice Industry ecosystem and what we describe in
more detail below as the emerging Internet Attention Economy. Our
launch into the Vice Industry will initially center around the
monetization of Adult Pornography (Adult) content. Surprisingly,
the bulk of revenue in the online adult pornographic industry is not
generated by content. The bulk of online adult revenues are
generated by traffic. 62% of today’s online adult revenue is
generated by traffic. Very little of that revenue is earned by
advertisers, almost none by content producers and absolutely none
is given to viewers. Advertisers pay the traffic companies. Only 24%
of adult revenue is actually generated from adult content, or from
adult content affiliated websites and programs. The remainder of
adult revenue is generated from webcam shows, and the sale of
merchandise such as lubes and toys.

What does a new monetization model for the Vice Industry look
like?

Our solution to this problem is to offer a cryptocurrency token
for the Vice Industry that rewards all aspects of engagement in the
newly emerging Attention Economy. Built on the same base
technology that powers the Steem blockchain, tokens are
generated as a direct result of user engagement on a “proof of brain”
basis.

Our token efficiently captures the attention of viewers by paying
them through the blockchain in a tokenized transaction where all
5 parties are rewarded for participating. We registered the trademark
“Get Paid To Watch Porn” to emphasize this fact.
By utilizing our blockchain, any viewer earns tokens for watching,
any video producer earns tokens for creating content, and any
content curator earns tokens for streamlining the identification of
relevant content to the most important party in this equation; the
viewer.

It cannot be emphasized enough that the viewer (and more
importantly, their attention) is the star of the show especially in the
context of online adult video and adult tube sites. With so many
adult websites to choose from (over 150,000 worldwide according
to AVN and XBIZ), there are only so many websites a viewer can give
their attention to. With 24 hours in a day, and only a fraction of those
hours available for a person to watch video, there is only so much
human attention that can be given to adult video content of any
kind, on any website.

We understand that free content is no longer good enough to
attract viewers since it’s widely available everywhere. Anybody can
offer free ad-supported content and “Free” is no longer a unique
value proposition. What we have created with the Vice Industry
Token is an entirely new and completely disruptive, revolutionary
incentive to engage viewers pay content producers and pay curators
or distributors of content using the Vice Industry Token blockchain.
Using tokens, everybody gets paid, including the viewer.