New adult cryptocurrency application, Porn Rocket, has announced it will enter a definitive agreement to acquire intimate.io, an established company specializing in blockchain-related payments systems for the adult industry.
For those who don’t know, Porn Rocket is a cryptocurrency token, currently developing a decentralised adult content sharing application which provides effective copyright protection for content creators, addresses privacy concerns of users, and abolishes hefty fees for sharing content.
Porn Rocket has already accelerated rapidly since launching on May 26th, attracting over 50,000 coin holders, along with some of the world’s most famous adult content creators.
Intimate.io made waves back in 2017, as the world’s first company to offer blockchain payments within the adult entertainment industry.
It is hoped the new acquisition will enable the PornRocket team to leverage what intimate.io has achieved and accelerate the trajectory of becoming the most adopted no-fee adult content platform.
As part of the acquisition, Reuben Coppa, the CEO and Founder of intimate.io, will be joining Porn Rocket as a strategic advisor.
Reuben is an entrepreneur with eight years of experience leading technology start-ups from mobile development to cryptocurrencies.
He is also the founder of Rendevu, an on demand mobile platform facilitating simple, sure, safe and secure provision of adult services in 2016.
He said: “intimate.io was founded in 2017 based on a solid business proposition and years of experience in the crypto and adult industries. We built a functional product, on-boarded dozens of partners, and grew a strong presence globally.
“Since intimate.io’s founding, the crypto ecosystem has matured significantly, and the barriers to consumer adoption are now much lower thanks to more advanced crypto-wallets and decentralized exchanges. Now more than ever, it is high time to disrupt the adult industry with crypto.
“It’s incredibly exciting to continue this journey together with Porn Rocket and to be a part of the incredible momentum, support, and community that they have created.”
The transaction is expected to close by the 15th of July and is subject to customary closing conditions and regulatory approvals.
ABOUT Porn Rocket: Porn Rocket is a blockchain-based ecosystem disrupting the adult entertainment industry globally. Pornrocket democratizes the delivery of adult content: it envisions zero-fee copyright protection for creators of content, along with safety and anonymity for users.
ABOUT INTIMATE.IO: intimate.io facilitates payments and trust in the multibillion-dollar sex tech industry, making it safer and more secure for all. intimate.io provides an open, distributed trust mechanism for managing payments and reputation across all segments of the industry, including interactive content, delivery, and services. For more information, please visit www.intimate.io
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For more information, please contact press@pornrocket.co