XVG Partnership: TrafficJunky Follows PornHub Into The Verge
Cryptovest
Published May 05, 2018 04:32AM ET
Updated May 05, 2018 05:01AM ET
XVG Partnership: TrafficJunky Follows PornHub Into The Verge
In a move that has been widely expected, given TrafficJunky’s relationship with the adult industry, the advertising platform announced that it would start accepting Verge (XVG) for payments starting Monday. A few weeks ago, Pornhub—one of the biggest adult websites —was revealed as the “mystery partner” in talks with Verge that sparked a significant amount of speculation.
“Pornhub announced they’d be accepting Verge a little over two weeks ago and it was only a matter of time before we followed suit,” said Rabih Boulmona, product and operations manager of TrafficJunky.
For a while, the move seemed to have uncertain results, as the cryptocurrency’s value started falling right after the Pornhub announcement. This fall arguably may have been attributed to the ire of many who believe that the new partnership would hurt XVG’s reputation.
Nonetheless, Verge proceeded to rub shoulders with another partner in the adult industry—this time, one of its most prolific advertisers. They will now be able to purchase their spots using cryptocurrency instead of fiat, removing them from the tenuous situation of having to handle online transactions in an industry that doesn’t have the best of reputations despite operating within the law in most countries.
“As verified advertisers, you’ll be able to fund your TJ account using Verge and tap into over four billion daily impressions to use towards your campaigns,” the company told customers in its blog.
Despite Verge taking on yet another partner associated with the adult industry, its price is holding steady at just under $0.80. It’s still too soon to tell how the market will react to Verge’s status.
This article appeared first on Cryptovest
Get The News You Want
Written By: Cryptovest
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.