The Eroiy is a blockchain-based cryptocurrency particularly designed as an incognito payment means in the adult entertainment industry. The beauty of it is that it allows for anonymous transactions and an independence from financial middlemen and their associated fees. This is a revolutionary development and is the key to an approximately USD 100 billion market worldwide.
The Eroiy is a blockchain-based cryptocurrency particularly designed as an incognito payment means in the adult entertainment industry. The beauty of it is that it allows for anonymous transactions and an independence from financial middlemen and their associated fees. This is a revolutionary development and is the key to an approximately USD 100 billion market worldwide (NBC News, 2017).
Both customers and merchants of the adult entertainment industry have a strong demand for discreetness when paying for online content, including video content, e-commerce related to goods, gadgets and tools, live streams and chats. The Eroiy and Eroiy Ecosystem will meet these expectations.
The online escort market is another form of paid adult content. Its turnover is done over the internet, which is a target market of the Eroiy. Typically, consumers in this market want anonymity, too. While this cannot be guaranteed by conventional payment systems, it is provided by the Eroiy and the Eroiy Ecosystem.
The Eroiy and the Eroiy Ecosystem meet consumers’ needs: data protection, anonymity, protection from financial fraud, low transaction costs and payment convenience (e.g. one-click payments). All the usual payment methods, such as credit cards and phone transactions, leave a trail that can be traced back the purchaser. The possibility of identification creates pervasive anxiety among customers and acts as an enormous obstacle to growth in the category. Nobody wants the purchase to create an embarrassing personal or business situation, and many people are deterred by the security risks involved in providing their credit card information to online sites. Consumers understandably do not want their financial details to be available online, not only on adult entertainment websites, but also on websites in general.
The Eroiy also appeals to merchant and service providers of the adult entertainment industry and other target industries. The Eroiy provides for low transaction costs, a limitation on the potential charge-backs, protection from data piracy and financial fraud, and independence from credit card companies. Merchants are also concerned about the technical integration that is needed across hardware and software platforms, as well as the lack of interface between diverse processing systems leading to delays and liquidity issues. Multiple payment modes like mobile payments, e-wallets, credit/debit cards, as well as cross-border transactions require merchants to develop an intricate infrastructure to ensure streamline transactions. Merchants have a strong need for being increasingly independent from central payment means, for which cryptocurrencies are the perfect solution. The Eroiy and the Eroiy Ecosystem can successfully address all the above concerns – as it does not allow charge-backs, is completely safe from data piracy and financial fraud, and gives absolute privacy to customers.
The Eroiy Ecosystem comprises of the Eroiy, the Eroiy eWallet, the Eroiy Exchange (allowing an immediate exchange of fiat and all relevant cryptocurrencies, as well as of air miles and other bonuses and good points into the Eroiy) and an Eroiy Crypto Debit Card (facilitating immediate payments).
The Eroiy eWallet is a game changer, since it is the first solution for convenient, anonymous and cost-efficient payment means for online content and merchandise. No other coin, nor any other wallet is offering these advantages to date. The Eroiy is based on the NEM blockchain protocol. Therefore, it is safe, cost-efficient and fast, and allows the use of smart contracts.
Most importantly, the Eroiy Corporation has already built up a chain of adult entertainment companies which want to accept the Eroiy as payment means. It has tied up with several partners that have an enormous network within the industry and in affiliating sectors, for example EUROWEBTAINMENT, which maintains one of the most influential networks and fairs in the worldwide adult industry. EUROWEBTAINMENT has been in existence for 15 years and is one of the leading institutions having direct access to the major adult online business owners worldwide. Because of its strong footprint in the industry, it can be expected that the Eroiy will be widely used in and accepted by the targeted industry.
Formation of Eroiy Foundation, Development of Eroiy and all related elements of the Eroiy Ecosystem
Negotiations and agreements with further application partners
Listing of Eroiy on 10 substantial exchanges, Acceptance and implementation of Eroiy of min 10 large corporations
Launch of Eroiy APP, Launch of Eroiy Debit Card
Listing of Eroiy on min 10 further exchanges, Market share of 2% Market cap: 150 MM USD
Market penetration at 10%, Market capitalization: 500 MM USD
Price in ICO1 Eroyi = 0.12 USD
AcceptingBTC, ETH, Dash, LTC, XEM and FIAT
Tokens Distribution60% - Crowdsale
20% - Reserve for management for incentives, campaigns, etc.
5% - Reward for fans, Club Members and teams
5% - Lawyers, advisors and competence partners
5% - Strategic partners
5% - Referrals
Soft cap1,000,000 USD
Hard cap48,000,000 USD
Legal entity was not foud at Panama and Worldwide legal entity websites
Prehistory of project
According to the roadmap, Eroiy Foundation was created in January 2018
No prehistory of project were found at the moment
Product or its MVP
According to the roadmap, Launch of Eroiy APP and Debit Card are planned for the October 2018
No MVP information were found at the moment
Due to large team for this project, no real blockchain experience were found
No escrow information were found
Hype is provided by media partners AVN, Payout, Wasteland, Xbiz and Ynot