SpankChain SPANK
SpankChain Price Change 24H Change 7D Change 1M Change YTD Market Cap Volume 24H Circ. / Max Supply
- - - - - - - 300.04 M / 1.00 B 3.6/5 (#148)

SpankChain Price Chart

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SpankChain Performance

There's not enough data on SpankChain to calculate SpankChain price performance.

Algo. Score Rating

Analysis 3.6/5 (#148)
100% Open channels
49% Team Strength
78% Product Strength
40% GitHub Activity
70% Coin strength
70% Business strength

About SpankChain

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Release Date Nov 13, 2017
Platform ETH
Consensus Proof of stake
Algorithm -
In ​this ​paper, ​we ​present ​SpankChain, ​an ​adult ​entertainment ​ecosystem powered ​by blockchain ​technology. The ​SpankChain ​ecosystem ​possesses ​a tiered ​architecture ​featuring ​three ​layers: SpankChain ​Core, ​SpankChain Services, ​and ​SpankChain ​Applications. SpankChain ​Core ​is ​comprised ​of smart ​contracts ​and ​tooling ​which ​provide ​the foundational ​functionalities necessary ​to ​operate ​a ​streaming ​or ​static ​content ​distribution application, namely ​a ​user ​profile ​system ​and ​payment ​capabilities. The ​SpankChain Services ​layer ​contains ​a ​suite ​of ​ancillary ​services ​which ​add ​enhance functionality ​to ​applications ​built ​upon ​SpankChain ​Core, ​including ​payment channel ​hubs, age ​verification, ​live ​video, ​an ​ad ​network, ​an ​affiliate ​network, indexing/search, ​and ​an interface ​builder. SpankChain ​Applications ​exist ​on ​top of ​SpankChain ​Core, ​leveraging ​various ​SpankChain Services. ​The ​applications ​layer ​is ​a ​collection ​of ​branded ​interfaces ​that ​tie ​together underlying ​pieces ​of the ​ecosystem ​to ​attract ​paying ​audiences. ​The ​SpankChain ​team ​will develop the ​ecosystem’s ​first ​application, ​a ​live ​cam ​site ​aptly ​named ​SpankChain. SpankChain ​utilizes ​a ​multi-token ​economic ​model, ​beginning ​with ​the ​SPANK token. SPANK ​is ​a ​staking ​token ​which ​can ​be ​utilized ​to ​mint ​alternative ​tokens, offering ​specific payment ​and ​governance ​rights ​throughout ​the ​SpankChain ecosystem. ​The ​multi-token model ​is ​designed ​to ​abstract ​away ​ecosystem-wide coordination ​processes ​from mechanisms ​which ​meter ​platform ​usage ​rights. We ​also ​introduce ​a ​novel ​verification ​game ​called ​Proof-of-Spank ​to ​address underage model ​swapping ​and ​simultaneously ​incentivize ​active ​participation ​in the ​SpankChain ecosystem.

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