announcing an 'announcement' never seems to fail to spark an empty pump. it doesn't matter what the news is it's always going to fall once the news is out. in this particular case it's a reasonable cut above the average junk most coins come out with, but it's still a sell the news event.
Good point. If they simply just didn't "announce the announcement" and suddenly popped up with a pornhub partnership one morning it would have been EPIC.
That being said, i believe that the Verge team made a good decision going with pornhub. It's one of the largest websites in the world and has the transaction volume and privacy needs worthy of cryptocurrency. It may take some time before people realize this, but in the end, Verge made a good move with this partnership.
But... Who pays for porn these days
Mindseek, or whatever it’s called, has over 100 million users
Even if they don’t all pay for porn, Verge will get some serious exposure as a crypto capable of being used as payment/currency. And it already puts it ahead of something like Monero, for example