November 1st, 2017 at 8:38 am UTC · 2 min read
Ukraine is one of the countries that has rallied major support for digital currencies. CamX is a Ukrainian based cryptocurrency that is focused on solving some of the problems experienced by Livecam websites. Livecam websites are mostly sites for adults.
They involve a model who is basically the person being broadcasted and a members who is the customer accessing the services. The adult industry has thrived for quite a while now, but that has not been without certain major challenges. One of the problems faced with livecams is the need for webmaster affiliates to move from one network to another. This is often prompted by fraud termed as shave.
The webmaster is the company that drives traffic to livecam websites. Shave on the other hand is the form of fraud in which webmaster affiliate programs fail to remit their share of sales.
Another problem affiliated with livecam websites is the tendency of memburs to move from one site to another in search of interesting models. This has been found to be inconvenient for the members and indirectly affects the sales on the websites. CamX seeks to solve these problems by creating platforms that are reliable and transparent. Notably, this will be made possible by harnessing blockchain technology. CamX platforms will be focused on ensuring that the models work comfortably and eliminate the member’s need to scamper from one website to another.
CamX intends to engage in ico crowdfunding through the camx token. For persons who may be interested in participating in this sale, it is important to point out that the CamX tokens will solely be issued on Waves Platform. Moreover, the sale is expected to kick off on 2nd November and will be expected to run up to 18th of December. Following a successful ico sale, CamX will be listed with some of the exchanges such as bittrex and bitfinex to facilitate trading.
Disclaimer: CamX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.