What is SpankChain? SpankChain (SPANK) is a blockchain-based entertainment platform that eliminates middlemen and operates in a decentralized way. cryptocoin.com We will examine SpankChain in this article. In addition, we will also answer questions such as what is SpankChain, what it offers, what is SPANK coin, what is it for, how to buy it. Now let’s examine this project, which serves as an entertainment platform for adults, together.
What is SpankChain?
Most major credit cards, banks and payment platforms do not support various payments such as live webcam shows. For this reason, the platforms where artists can make their own shows are extremely limited. So much so that only a few platforms in the area allow such shows. These are highly competitive platforms and require users to pay high fees. However, they apply extremely strict rules. SpankChain’s mission is to provide a new platform for entertainment-oriented video content such as webcam shows.
Basically, SpankChain is an adult, blockchain-based and decentralized entertainment platform. This platform runs on the Ethereum network and makes it possible for users to participate in peer-to-peer (P2P) webcam shows. Users can have fun within the platform without restrictions and censorship. However, they can make a fair donation to their favorite artists through an innovative payment system. This means that artists can engage with their followers without penalties and high platform commissions.
What does SpankChain offer?
SpankChain’s main product is a website where people with adult content can showcase webcam shows. On this website, viewers can pay their artists directly using ETH and Ethereum tokens. For this, SpankChain uses smart contracts of Ethereum. It has developed an innovative payment method with these contracts. The method allows webcam entertainers, who regularly suffer from having accounts blocked at traditional banks and PayPal, gain financial independence.
What is SPANK coin? What does it do?
Launched in 2017 with a supply of 1 billion tokens, SPARK coin is the native cryptocurrency of the SparkChain platform. This cryptocurrency is produced with Ethereum’s ERC-20 smart contract. However, the asset has several use cases within the platform. Users can create a stablecoin called BOOTY using SPANK tokens. BOOTY is a cryptocurrency that tracks the value of the dollar at a ratio of 1:1. Accordingly, the asset is used to promote artists and pay fees.
What is SpankChain? How to get SPANK coin?
SpankChain is a cryptocurrency that is currently only traded on DEXs such as Uniswap and SushiSwap. Interested investors should access one of these DEXs and follow the steps to become a member. After that, it is possible for them to buy SPANK coin by depositing funds into their wallets.
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