Many finally refused to fight it out with the banks, and everyone began to resort to alternative payment methods. The unpredictability of traditional financial partners, which any participant of the pornography market can encounter at any moment, forces them to resort to leading technologies. An obvious solution to many problems in the industry is the development of a decentralized platform for distributing content and an anonymous payment system between the supplier and the consumer.

Platform goal and assets

It is a global company with offices in Singapore, Hong Kong, the UAE, the Bahamas and the United States.

Company beginnings

In 2017 VR technology company (Czech Republic) released a virtual reality headset for viewing adult films. It formed the start of the entire OKO ecosystem — a decentralized VR platform with an anonymous payment system for anyone on earth, even those living in the most conservative countries in the world. In developing the project, we place an emphasis on partnerships with market leaders. They have the greatest advantage in the form of having a massive user base.

1. More than 1000 Chinese companies are active in this market, generating over $2 billion in revenue.
2. They have the greatest advantage in the form of having a massive user base.
3. In the 1960s, 8 millimeter film came into common use after it was used to film erotic movies.
4. We hope you take the journey with us as we rebrand to OKX in the coming months.

What is OKOIN?

Also, if your credit or debit card supports EUR, GBP, CAD, AUD, BRL, SGD, or HKD, you will be able to purchase crypto in your local currency and reduce foreign exchange fees. In July 2018, the company expanded into the U.S. market after filing a money service business (MSB) registration with the U.S. Every investor (token holder) automatically participates in the OKO platform Loyalty Program (to be fully published on the platform no later than Aug 1, 2018). A participation condition is having tokens in your wallet by Jan 14, 2018. Unsold tokens are transferred to the platform for use in the Loyalty Program.

It also decentralizes key processes, providing a means to reduce delivery delays and redistribute the majority of created value within the ecosystem. This will lead to mass acceptance of cryptocurrency, rapid adoption of blockchain and VR technology into ordinary human life and will change it beyond recognition. Today, fewer and fewer individuals and governments doubt the fact that the blockchain will be a significant influence on practically all spheres of human life. As in the past, it may be the pornography market specifically that forms the driving force of this new technological and social progress.

The fact that the OKO platform is doing this faster than other competitors will eventually allow it to take its place as an undisputed leader. The strategy that we are sticking to with our partners is to put on the pressure, and to shift from archaic technologies and formats to VR and blockchain technologies. The most effective way to do this is to use the strengths of market competitors and bring them together into a shard project. We can make this goal a reality only on a foundation of collaboration.

Furthermore, its services are halted in regions that are sanctioned by the U.S., including Cuba, Iran, North Korea, Crimea, Sudan, and Syria. We believe rebranding to OKX globally gives Okcoin products and services more velocity, under a globally reputable brand. In 2015, we decided to okoin go down the path of using blockchain technologies, and we invited experienced professionals in this industry to our team. This document contains an overview of the platform, its services, its advantages, its growth outlook, upcoming fundraising (sometimes called an ICO or Crowdsale), goals and project mission. An alliance of the blockchain and the adult entertainment industry and their subsequent symbiosis is extremely promising from the point of view of the continued growth of both ecosystems. Blockchains and crypto are poised to improve the rails our financial systems are built on.