Bitcoin alternative SXC was launched in May; giving individuals the most discreet payment option for transactions between merchants who offer adult fare, and discerning consumers who demand discretion.
Bitcoin alternative SXC was launched in May; giving individuals the most discreet payment option for transactions between merchants who offer adult fare, and discerning consumers who demand discretion. SXC, which is available for Windows, Mac and Linux users, has partnered with coinpayments.net, a merchant payment gateway that supports automatic invoicing, making it is easy for anyone worldwide to accept SXC on their sites.
The new blockchain-based cryptocurrency has been developed specifically for the adult industry. The coin’s website looks into the mirror and boasts that SXC is, “Super Sexy and Delicious,” and promises to “provide adult content consumers, performers and producers a fast, stable and secure method of accepting micro transactions, protecting their customer’s privacy and progressing adult retail services into the crypto age.”
The crypto developers generated a buzz when they announced SXC’s debut on the bitcointalk.org forums back in May. Emerefer declared, “I can’t believe it took this long,” I got spots urged, “Just release it now and let’s do this,” triggering this caution from Rannasha, “Can’t have a premature release, of course.”
But as much fun as SXC is, it’s serious business, and the development team takes its business very seriously:
“While the industry has struggled with a subscription-based business model – or tried to mimic a microtransaction business model that has been so successful in reviving other entertainment industries online, by using ‘inhouse’ tokens on various sites – we aim to provide the first cohesive payment system that allows adoption of micro transactional business models across the entire industry while eliminating chargebacks and allowing greater flexibility in marketing including the ability to increase points of sale for a particular item.”
“Follow the money,” Deep Throat advised a wise man in 1974. Forty years later, another wise man, no less a luminary than the brilliant and bombastic bitcoin billionaire Max Keiser, said that SXC is the crypto money shot and gave it two thumbs up when he tweeted that it is, “the first industry-specific crypto that has billion-dollar blockbuster encrypted all over it.”
The prescient Kaiser proved to be positively Pavlovian when his prediction sent SXC soaring, but speculators and miners should rest assured that this unique coin has staying power, should continue to perform, and peak again and again. With its industry-specific focus, fast transaction speeds, and support from the likes of Keiser; SXC is an emerging digital currency to keep an eye on in the exploding cryptocurrency space.