New ICO from a group of porn stars
That's right: A group of porn stars recently came together to launch Bunny Software Ltd, a new cryptofinance startup that aims to "disrupt" the way people pay for porn.
Instead of charging your credit card for that Pornhub Premium account, you can now charge your credit card for Bitcoin… then exchange Bitcoin for Bunny Tokens, then exchange your Bunny Tokens for porn.
This seems like a bit of extra work, especially since there are already a number of ways to discreetly shop online.
For example, there are dozens of services offering disposable credit card numbers to help anonymize online transactions.
They are cheap. On. Effective. And proven.
But in the heady world of cryptofinance, none of these benefits matter.
The only thing people seem to care about is whether or not you're doing something with Blockchain.
If so, then your business must obviously be a winner… even if there is absolutely no rational reason why your product or service would even need blockchain.
Remember, Blockchain is essentially a decentralized ledger… a public database that is not controlled by any individual.
Think of your bank account as an example.
Every record of every financial transaction you have made at your bank is kept in a giant database...a database controlled by the bank.
However, blockchain is not controlled by any individual. It is a database whose contents are securely distributed to everyone who uses it.