Cryptocurrency Makes Headway in the Adult Industry with 2016 XBIZ Awards Noms

[prurient]

Pulled from the following source:

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Cryptocurrency Makes Headway in the Adult Industry with 2016 XBIZ Awards Nominations

Bitcoin payment provider, Coinsnap, and adult cryptocurrency, Titcoin, earn nods at the 2016 XBIZ Awards recognizing adult industry achievements in business and innovation.

Los Angeles, CA – The adult entertainment industry is slowing warming up to the benefits of Bitcoin and cryptocurrencies as an alternative form of payment for purchasing adult products and services. Historically stigmatized by traditional financial services companies who charge enormous transaction fees and prejudicially freeze settlement accounts, the adult industry continues to innovate and explore payment solutions that free themselves from the shackles of big banks and established payment processors like PayPal.

Coinsnap, a Bitcoin payment provider based in Europe, and Titcoin, the premiere adult cryptocurrency, both received nominations for an exclusive 2016 XBIZ Award honoring “The Alternative Payment Services Company of the Year.” The 2016 XBIZ Awards is the adult industry’s biggest business awards event sponsored by premier live cam network LiveJasmin.com.

“It’s great to see growing interest within the adult industry of the benefits of cryptocurrency as an alternative payment solution,” says Edward Mansfield, Co-creator of Titcoin. “Last year we were the only cryptocurrency company recognized by leaders of the adult industry. The addition of Coinsnap this year tells me this will be an ongoing trend for years to come.”

Scheduled for Jan. 15, adult film superstar Stoya will host the 14th annual gala at the spectacular J.W. Marriott located at L.A. Live in downtown Los Angeles, within walking distance to Staples Center, the Los Angeles Convention Center, Nokia Theatre and the Grammy Museum.

A star-studded red carpet affair that attracts the industry elite, the XBIZ Awards show is the most celebrated night of honors in adult. The annual event recognizes outstanding achievements across every facet of the multibillion-dollar business, including movie production, pleasure products, technology and retail.

The XBIZ Awards will once again coincide with the industry’s trade events series of the year which annually features an unparalleled lineup of guest speakers and special events dedicated to exploring the future of the adult industry.

For the complete list of finalist nominees, visit XBIZAwards.com.

[Frijj]

Titcoin *rolls eyes*. Who the fuck is actually going to use that? What's the point? If anything is going to be adopted by the adult industry it will just be bitcoin. All most alts have is a gimmicky name trying to cash in on a niche but what self respecting individual would even hold any titcoin in the first place? 

[unamis76]

The usual topic about sex selling... This is going to make websites notice Bitcoin, after some added it and removed it from payment options. This is definitely a cash cow for these guys.

[Denker]

Great to see that the porn industry is more and more realizing how benefical it is to use Bitcoin.
But wtf Titcoin? Really?
I'm pretty sure the demand to use it will get bigger and bigger in this space.
I bet this is one of the markets where BTC will make a breakthrough.