NFT Market Heats Up As Two Adult Content Stars Launch Their Tokens

Pornvisory (PVY) — a cryptocurrency project aiming to tokenize the adult entertainment industry — partnered with two world-famous adult film stars to launch their non-fungible tokens (NFTs).

What Happened: According to an announcement shared with Benzinga, Max Felicitas and Martina Smeraldi, who have 765,000 and 610,000 Instagram followers, respectively, want to introduce a more mainstream audience to NFTs.

Their non-fungible tokens are auctioned on eBay Inc. EBAY in addition to blockchain platform Opensea and the firm's own PVY ART marketplace — this way, they can be bought with familiar means such as PayPal PYPL or credit card.

The tokens will be launched in three series, the first one featuring ten copies per NFT, the second one five copies, and the third — one copy.

All NFTs in the series will guarantee a cashback in PVY tokens equal to 50% of the price at which the collectible was acquired, and those launched in the third drop can also access exclusive content.

The starting price is $300.

NFTs are unique in their nature and can't be traded for another token.

This kind of token recently also saw a significant step forward in adoption by Fox Corp. FOXA.

See also: This Company Is Putting Nikola Tesla, Abraham Lincoln And Jesus On Blockchain

According to recent reports, the entertainment giant partnered with Dan Harmon — the creator of the successful Adult Swim animated series, Rick and Morty — to launch what the official website describes as "the first-ever animated series curated entirely on the Blockchain."

Image: Courtesy of Pornvisory