Titcoin

Titcoin Digital Currency
Titcoin Brand Logo
Denominations
PluralTitcoins, TITs
NicknameTIT
Development
Initial releaseJune 21, 2014; 10 years ago (2014-06-21)
Ledger
Supply limit69,000,000 TIT[1]
Demographics
Official user(s)Worldwide
Administration
Issuing authorityDecentralized Peer-to-Peer Netswork

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]

References

  1. ^ "Titcoin is a Brand New Cryptocurrency for Porn Purchases - VICE". 22 June 2014. Archived from the original on 2020-10-23. Retrieved 2021-04-05.
  2. ^ Titcoin Analysis Paper Archived 2020-08-13 at the Wayback Machine The Licentious Blockchains: Outlining an Altcoin Subgenre. Banking & Insurance eJournal. Social Science Research Network (SSRN). Date accessed 23 January 2018.
  3. ^ Moore, Lane. "Behind Titcoin, the New Anonymous Currency for Buying Porn" Archived 2020-10-29 at the Wayback Machine. Cosmopolitan Magazine. Retrieved 30 October 2014.
  4. ^ Lynch, Gerald."Titcoin is the Bitcoin for Porn" Archived 2020-09-08 at the Wayback Machine. Gizmodo UK. Retrieved 23 June 2014.
  5. ^ "Titcoin Receives Two Web & Tech XBIZ Nominations" Archived 2014-12-27 at the Wayback Machine. Payout Magazine. Retrieved 18 November 2014.
  6. ^ Mercier Voyer, Stephanie. "Titcoin Is a Brand New Cryptocurrency for Porn Purchases" Archived 2016-09-24 at the Wayback Machine. Vice Magazine. Retrieved 18 June 2014.
  7. ^ Spitznagel, Eric. "Who Actually Pays for Porn Anymore? An Investigation" Archived 2015-01-14 at the Wayback Machine. Men's Health Magazine. Retrieved 14 August 2014.
  8. ^ Weisman, Carrie. "Porn Gets Its Own Currency" Archived 2014-07-08 at the Wayback Machine. 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" Archived 2020-10-27 at the Wayback Machine. Bustle Magazine. Retrieved 23 June 2014.
  10. ^ Giles, Jeff. "Wolf of Wallstreet – Patrick McDonnell interview" Archived 2016-05-27 at the Wayback Machine Major Mindjob. Retrieved 29 January 2014.
  11. ^ Blue, Violet. "Why Is Wall Street Taking ‘Titcoin’ Seriously?" Archived 2018-04-08 at the Wayback Machine. Playboy Magazine. Retrieved 24 October 2014.
  12. ^ "Patrick 'The Coyote of Wall Street' McDonnell Joins Titcoin" Archived 2015-03-18 at the Wayback Machine. AVN. Retrieved 9 September 2014.
  13. ^ XBIZ. "Joy-Toilet Acquires Titcoin". XBIZ. Archived from the original on 2017-09-04. Retrieved 2017-09-03.
  14. ^ TIT™, TittieCoin (September 5, 2018). "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". Archived from the original on January 1, 2021. Retrieved September 7, 2018.
  15. ^ "Joy-Toilet's Titcoin Division Acquired by Tittiecoin". XBIZ. 10 September 2018. Archived from the original on 2018-09-11. Retrieved 2018-09-11.
  16. ^ XBIZ (September 10, 2018). "Joy-Toilet's Titcoin Division Acquired by Tittiecoin". Archived from the original on January 1, 2021. Retrieved September 11, 2018 – via Twitter.com.