This week, BitPervy (NSFW), an adult entertainment site, which enables users to share porn for digital currency had its soft launch for users to test out its bitcoin revenue sharing system.
Proof-of-porn
Like other social media platforms, BitPervy’s users can create personal pages and categorized groups, where they can share adult material. Every time users upload and share content, they will receive Perv points, which later on can be used to obtain Revenue Shares.
The Revenue Shares that the users earn are based on BitPervy’s advertising income, which is divided with Coinsplit.io, a platform that enables bitcoin profit sharing and automatic payments. This way, users earn a share of the sites’ revenue as the platform grows.
BitPervy founder explained in a Reddit thread:
“Currently revenues are split 50/50 between members and the site, but if you own 5% of the shares then you earn 5% of the portion of revenues distributed to members.”
The income of the site is directly sent to a Coinsplit account, and therefore the earnings of the users are perpetual. However, the value of its users’ shares may decrease overtime due to growing contributions from other users and increasing site traffic.
Users must note, however, that sharing content on BitPervy depends on whether the owner of the materials has agreed to do so. “Whether it is BitPervy, a porn forum, Sex.com, Pinterest or Twitter or Facebook, you need the content owners consent,” the founder explained. “I want to ensure the website is legal.”
Like a faucet
The idea of BitPervy was introduced by its founder when he was working for a bitcoin faucet. When he realized that the faucet space was overcrowded, he decided to launch a bitcoin adult content sharing platform with a twist. Unlike other adult entertainment websites, Bitpervy wanted to refrain from creating boring web pages filled with banner ads and pop ups.
“Sure, I'm left with 50% of revenues to cover a VPS and CDN and Mandrill fees, but I'm also not locked into promising payouts I might not be able to afford,” said the founder. “This means my efforts can be on cutting away wasted bandwidth and expenses instead of trying to make income appear that just isn't possible or relying on donations to keep a Faucet alive.”
This has been the second adult content related bitcoin initiative/platform since the launch of Xotika.TV’s bitcoin initiative, in which everyone pays, receives and transacts entirely in bitcoin.
Over the next few weeks, BitPervy will continue to re-design and fix bugs or problems that users may encounter.