What Is Jack Token (JACK)?
Jack Token intends to solve this problem. Jack Token will be the first crypto currency used for the Adult Industry, the Sex Work Industry and for means of pleasure that would place high value on content viewers. It is the best industry specific cryptocurrency targeting the Adult Entertainment Industry and the Sex Work Industry. In this whitepaper, present Jackr, an adult entertainment ecosystem that is powered by blockchain technology. This ERC-20 token can be utilized to offer specific payments throughout the Jackr ecosystem.
The Jack Token ecosystem possesses a tiered architecture featuring three layers Jackload.io ‘Porn’, Jackchat.io ‘Interact’, and Jackdistrict.io ‘Date’. The Jackr network incorporates a suite of ancillary services which add enhanced functionality to the Jackr ecosystem, including payment channels, age verification, live video, an ad network, a hookup network and so on. The Jackr ecosystem utilizes Jack Token.
It will be possible for anyone to mine and take advantage of Jack Token. The token will be listed on different exchanges and will be mine able on all connected tubing networks. They believe in Jackr’s potential and are willing not only to build the necessary infrastructure for widespread adoption in the industry, but also take the time to ensure quality, security and set a new standard in the video monetizing industry.
Jack Token Storage Key Points
|Coin Name||Jack Token|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
The Adult Industry
Adult content can be traced far back to the pre-historic times of cave art. On a modern scale, the adult industry can be said to begin in the form of novels from around the 1740s, and erotic films began at the rise of motion pictures. Without any doubt, the adult entertainment industry has constantly driven the main stream adoption of new technologies. For instance, the printing press was propelled to glory with the publication of the popular I Modi (The Ways).
Jack Token, consisting of graphic sexual illustrations and explicit sonnets, was one of the most broadly distributed books of the Italian Renaissance. It made a number of Italians to learn how to read as they were curious to learn the content of the book. A great deal of the internet’s early value was strengthened through helping people find pornography. Jimmy Wales, the founder of Wikipedia, funded the collaborative encyclopedia’s early development with the revenue he got from his adult site, Bomis.
From the printing press to the Super 8 Film, and from pay-per-view to VCRs, adult entertainment has been accelerating technology. The adult industry has expanded with each technological advancement, from print, television, cable, VHS, to DVDs. The internet has taken it to another level, enabling images and videos to become available on a much bigger scale than it was previously possible. Live streaming birthed adult live webcams.
The failure of the modern adult industry
Jack Token According to various reports, currently, the digital adult industry’s net worth is about $97 billion. This money is enough to feed at-least 4.8 billion people a day. Every year, Hollywood releases roughly 600 movies and makes $10 billion in profit. And how much does the digital adult industry make? 13,000 videos and close to $15 billion in profit. The digital adult industry makes more money than Major League Baseball, The NFL and The NBA combined.’
Content viewers all around the world are good for 10 billion dollars in ad revenue every year. Tube networks and professional content owners are the only ones benefiting from these funds and content viewers aren’t even aware that they are generating these funds. In this modern world of the 21st century this shouldn’t be acceptable. Wouldn’t it be fair to reward everyone for contributing to the network?
Innovation in the adult industry is limited by access to payment solutions
Most payment gateways outright refuse to deal with businesses that service the adult sector. Jack Token Payment gateways hide behind assertions of fraud, which is a risk, but one that can be mitigated with identity solutions. In reality, payment gateways, or the banks that service them, avoid the industry due to perceived, and real reputation risk.
The specialized payment gateways that deal with the adult industry face high risks and operational costs which are passed onto adult industry companies as transaction fees which are often prohibitive for the business. The huge demand for porn on the internet has resulted in the production of streaming video, credit-card verification sites, web referral rings and video technologies.