WEST HOLLYWOOD, Calif. — Eroiy Corp., a startup that offers a blockchain-based incognito payment method for the adult entertainment industry, launched its pre-ICO crowdsale campaign this week.
Based on the NEM blockchain protocol, Eroiy’s ecosystem comprises the EroiyCoin, the Eroiy eWallet, the Eroiy-Xchange and an Eroiy Crypto Debit Card.
Apart from anonymity, Eroiy also offers benefits such as data protection, financial fraud protection, low transaction costs and the convenience of one-click payments, the company said.
The company said it has already managed to build a chain of adult entertainment companies that are ready to accept Eroiy as their payment system.
It recently attended the 2018 XBIZ Show and received “tremendous response” and “great enthusiasm” from major players in the industry.
Eroiy is the brainchild of a team of experts with a wealth of experience in crypotcurrencies, event monetization, risk management and finance, according to CEO Markus Steffen.
“The adult entertainment industry is already known for innovation, and it is now time for it to adopt cryptocurrencies,” Steffen said. “Through the introduction of Eroiy, we have the possibility to enhance trust and discretion in the business.
“It is the only way for the market to develop, take its next steps and increase its social acceptance. Whether for end users, merchants or token buyers, Eroiy is there to help individuals unfold improvidently.”
Eroiy’s pre-ICO phase, which seeks $48 million, ends on Feb. 28. The company’s ICO campaign will start on March 1 and end on March 31.
Pre-ICO starting price is 1 Eroiy for $0.08, with ICO starting price at 1 Eroiy for $0.12. The maximum Eroiy produced will be 2 billion; the maximum Eroiy for sale will be 1.2 billion. There is a minimum purchase of 100 Eroiy in an array of purchase methods — bitcoin, ethereum, litecoin, dash and XEM, along with U.S. dollars, euros and Swiss francs.
Details related to Eroiy’s crowdfunding initiatives are available here. A white paper can be viewed here.