Vice Industry Token Raises $22M in Opening Day of Crowdsale

Vice Industry Token Raises $22M in Opening Day of Crowdsale

LOS ANGELES — Vice Industry Token Inc. pulled in $22 million in funds for its new cryptographic token in its first 24 hours, the blockchain-based platform reported today.

“We are excited to see the positive response to our groundbreaking platform through our token sale,” said Stuart Duncan, CEO and founder of Vice Industry Token, which launched its public crowdsale Tuesday, Feb. 20.

“The support of our community is key to our success, and this is just the beginning,” Duncan said.

The new blockchain-based platform will reward fans with proprietary cryptocurrency, simply for consuming content. Viewers can then redeem tokens for discounted on premium content and other services offered by partners, which include Exxxtasy, Penthouse and Elegant Angel.

By allowing consumers to curate content and get paid for it, they will essentially be “mining” the blockchain that the platform is built upon. Highly rated content is then more visible to the consumer, establishing a viewer preferential structure to the libraries of content.

In other company news, Vice Industry Token today launched a social media campaign in search of its official spokesmodels. 

The company is offering a cash prize, an expense paid trip to XBIZ Miami, as well as a feature photoshoot, among other perks to three participants of their contest.

The contest will be broken down into rounds, with the first round already launched and running through mid-March. Contestants must be over 18 and a U.S. resident to participate.

All information as well as terms and conditions can be found through Vice Industry Token’s Twitter page at @ViceToken.

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

TeamSkeet, MYLF to Launch New Website FamilyStrokes.com

Sister studios TeamSkeet and MYLF are launching a new website, FamilyStrokes.com.

AV Bulletin: Age Verification Hits the Mainstream, Ofcom Sets a Date

Industry stakeholders and free speech advocates have anxiously been awaiting the Supreme Court’s decision in Free Speech Coalition v. Paxton, which could significantly impact state age verification laws around the country. In the meantime, state legislatures continue to weigh and pass AV bills, AV tech providers continue to tout their services, and legal challenges continue to play out in the courts — with some cases on hold pending the SCOTUS ruling in Paxton.

Segpay Names Kristi Greer VP of Sales

Segpay has promoted long-time employee Kristi Greer to the position of vice president of sales.

BranditScan Names Subgirl Newest Brand Ambassador

BranditScan has named content creator Subgirl its newest brand ambassador.

Arcom Reports Age Verification Enforcement Actions Against 5 Adult Sites

French media regulator Arcom released a statement Tuesday detailing recent actions to enforce age verification rules as set forth under France’s Security and Regulation of the Digital Space (SREN) law.

Pineapple Support, Clips4Sale to Host Performers' Partners Support Group

Pineapple Support and Clips4Sale are hosting a free online support group for partners and family members of adult industry professionals.

FSC Mourns the Loss of Board Director Emeritus Mark Kernes

Free Speech Coalition has released a statement regarding the passing of Board Director Emeritus Mark Kernes.

Alexa Creed Launches New Paysite

Creator Alexa Creed has launched a new membership site through MyMember.site.

Choice Talent Management Launches Fan Platform 'ChoiceFilmz'

Choice Talent Management CEO Chris Crisco has launched a new fan platform called ChoiceFilmz.

Dredd to Launch Official Site

Dredd has announced his new website OfficialDreddXXX.com, launching April 20.

Show More