WankCoin Cryptocurrency for Adult Emerges

Jun 27, 2014 7:00 AM PST

TORONTO — Another cryptocurrency targeting adult has emerged, claiming it’s already in use on hundreds of websites.

According to its creators, WankCoin was launched via BitCoinTalk.org in May and is rapidly gaining acceptance among alternative currency speculators, tech enthusiasts and users.

"Creating a cryptocurrency is the easy part now that Bitcoin blazed a trail, however where Bitcoin has failed it has also created opportunity for new innovators to build on their earlier success," co-founder Greg Kazarian said.

He added, "Bitcoin showed the world that anonymous, encrypted and secure currency is something the world wants as much as it needs. The difficulties that have stunted their growth continue to come from a string of market meltdowns and high profile marketing nightmares that range from the Silkroad fiasco to the Mt.Gox meltdown. That history now holds it back from achieving the potential that was once laid out in front of it — and WankCoin is the newer, better, cleaner cryptocoin poised to finally push decentralized money into the mainstream."

The company cited CoinMarketCap.com that reported that after less than 60 days since its launch, WankCoin is already maintaining a market cap in excess of $230,000 with a coin price of more than .1192, and it is presently the fastest growing value charted on their website. CryptoCoinRank.com currently has WankCoin ranked in position 69.

WankCoin is being accepted as payment by adult sites including Porn.com among others, the operators said.

For information on mining the cryptocurrency, visit GitHub.

The official mining pool is found at Pool.Wankcoin.com

WankCoin is currently trading on cryptocurrency exchanges including AllCoin.com and KingCoiny.com. The alternate currency has also been acknowledged by Cryptsy.com and Bittrex.com, the creators said.

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