Titcoin Explained

Currency Name:Titcoin Digital Currency
Image 1:Titcoin_Branded_Logo_(Horizontal).png
Image Title 1:Titcoin Brand Logo
Issuing Authority:Decentralized Peer-to-Peer Netswork
Using Countries:Worldwide
Nickname:TIT
Plural:Titcoins, TITs
Supply Limit:69,000,000 TIT[1]

Titcoin (Ticker Symbol: TIT) is a cryptocurrency launched in 2014.[2] Titcoin's blockchain is derived from the Bitcoin source code, with modifications to improve transaction speed and efficiency.[3] Titcoin is intended for the adult entertainment industry to allow users to pay for adult products and services without the fear of incriminating payment histories appearing on their credit cards.[4]

In 2015, Titcoin received two nominations at the 2015 XBIZ Awards.[5]

History

Titcoin was founded by Edward Mansfield, Richard Allen, and a third anonymous individual.[6] The founders developed Titcoin for the adult entertainment industry as a cash alternative payment system for performing anonymous transactions.[7] [8]

On June 21, 2014, the Titcoin cryptocurrency wallet and source code was released with an initial soft launch for the cryptocurrency community followed by a hard launch for the public.[9]

In September 2014, Patrick McDonnell[10] joined the Titcoin development team as a business development advisor.[11] [12]

On May 29, 2017, Titcoin and its properties were acquired by the adult game development studio Joy-Toilet.[13]

On September 5, 2018, Titcoin and its assets were acquired by the TittieCoin Developers.[14] [15] [16]

External links

Notes and References

  1. Web site: Titcoin is a Brand New Cryptocurrency for Porn Purchases - VICE . 22 June 2014 . 2021-04-05 . 2020-10-23 . https://web.archive.org/web/20201023051812/https://www.vice.com/amp/en/article/ppmqym/titcoin-is-a-brand-new-cryptocurrency-for-porn-purchases . live .
  2. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3101730 Titcoin Analysis Paper
  3. Moore, Lane. "Behind Titcoin, the New Anonymous Currency for Buying Porn" . Cosmopolitan Magazine. Retrieved 30 October 2014.
  4. Lynch, Gerald."Titcoin is the Bitcoin for Porn" . Gizmodo UK. Retrieved 23 June 2014.
  5. http://www.payoutmag.com/index.php/press-releases/802-titcoin-receives-two-web-a-tech-xbiz-nominations "Titcoin Receives Two Web & Tech XBIZ Nominations"
  6. Mercier Voyer, Stephanie. "Titcoin Is a Brand New Cryptocurrency for Porn Purchases" . Vice Magazine. Retrieved 18 June 2014.
  7. Spitznagel, Eric. "Who Actually Pays for Porn Anymore? An Investigation" . Men's Health Magazine. Retrieved 14 August 2014.
  8. Weisman, Carrie. "Porn Gets Its Own Currency" . Design & Trend. Retrieved 23 June 2014.
  9. Chang, Lulu. ""Titcoin" Is A Bitcoin-Esque Currency For Porn, And Only Porn, And We Can't Even" . Bustle Magazine. Retrieved 23 June 2014.
  10. Giles, Jeff. "Wolf of Wallstreet – Patrick McDonnell interview" Major Mindjob. Retrieved 29 January 2014.
  11. Blue, Violet. "Why Is Wall Street Taking ‘Titcoin’ Seriously?" . Playboy Magazine. Retrieved 24 October 2014.
  12. http://business.avn.com/company-news/Patrick-The-Coyote-of-Wall-Street-McDonnell-Joins-Titcoin-575066.html "Patrick 'The Coyote of Wall Street' McDonnell Joins Titcoin"
  13. News: Joy-Toilet Acquires Titcoin. XBIZ. XBIZ. 2017-09-03. en. 2017-09-04. https://web.archive.org/web/20170904070712/https://www.xbiz.com/news/220403/joy-toilet-acquires-titcoin. live.
  14. Web site: We are excited to announce that @OfficialTitcoin has been bought out by @TittieCoin for an undisclosed amount. The $TTC Dev team has demonstrated an amazing ability to grow & cultivate a community as well as move blockchain technology forward. Get ready for the Major League $TITpic.twitter.com/E6LJ6bj08x. TittieCoin. TIT™. September 5, 2018. September 7, 2018. January 1, 2021. https://web.archive.org/web/20210101145420/https://twitter.com/OfficialTitcoin/status/1037412521785913346. live.
  15. Web site: Joy-Toilet's Titcoin Division Acquired by Tittiecoin. XBIZ. 10 September 2018 . 2018-09-11. 2018-09-11. https://web.archive.org/web/20180911225545/https://www.xbiz.com/news/238608/joy-toilets-titcoin-division-acquired-by-tittiecoin. live.
  16. Web site: XBIZ. Joy-Toilet's Titcoin Division Acquired by Tittiecoin. September 10, 2018. Twitter.com. September 11, 2018. January 1, 2021. https://web.archive.org/web/20210101145525/https://twitter.com/XBIZ/status/1039287664002850816. live.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Titcoin".

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