District Proposal Spotlight - The Red Light District

An adult content marketplace powered by SpankChain

Meet SpankChain

SpankChain is an innovative, blockchain-based live streaming and economic platform for the $100B+ adult entertainment industry. Built on Ethereum, their primary goal is to eliminate third party intermediaries and unfair payment practices while providing more powerful privacy and security. By using their digital currency wallet integrated with state channel technology, SpankChain provides instant, secure, low-cost payments for adult sites.

To drive initial adoption of the platform, the SpankChain team is building their own adult live camsite. In the long-term, the plan is to develop a robust set of interoperable services that extend beyond just payments, with the long term goal driving down the cost of operating adult entertainment businesses and make entrepreneurship within the adult industry more accessible.

district0x + SpankChain = ❤️

Following the launch of SpankChain’s live camsite, their team aims to expand their ecosystem by launching an adult content marketplace where performers can upload and sell their pre-recorded content.

Rather than build this market from scratch, the SpankChain team plans to leverage the district0x Network and d0xINFRA framework, to launch The Red Light District.

The Red Light District

The Red Light District is a proposed collaboration between the SpankChain and district0x teams to build an inclusive, community owned and operated alternative to adult content marketplaces such as ManyVids. The Red Light District will have the following core features:

Performers will be able to upload and price their content (pics, videos, gifs)

The uploaded content will be displayed on the performer’s profile page

The marketplace will display listings of performers and their content

The marketplace will provide search/filtering/ranking tools for performers and their content

Users will be able to purchase content they wish to experience by sending an Ethereum transaction

Users will also be able to purchase content with payment channels using the Vynos wallet and the SpankChain hub

Token Voting

The collaboration will extend to voting and community governance. Holders of both DNT and SPANK tokens will be able to participate in the governance mechanisms of The Red Light District by staking their tokens to the district’s deposit pool to mint tokens in it’s corresponding Aragon entity, where most of the district’s decision making processes will occur.

The key parameters we anticipate voters in the community deciding upon are:

The fee % on content sales (if any)

Utilization of revenue derived from fees

The development roadmap

Content quality controls

Content ranking algorithms

Learn More about SpankChain

Based out of Los Angeles, the SpankChain team is comprised of 7 developers, a designer, and a porn star. They have a working implementation of their state channel/payment hub technology and plan to launch their live camsite soon.

To learn more about SpankChain check out their blog, follow them on Twitter, or join their Discord community to engage directly.

Learn More about district0x

For more information about the district0x Network: