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The SpankChain will use the Ethereum blockchain to create an adult entertainment ecosystem. SpankChain plans to create the SpankChain camsite where users could join to public shows. Furthermore, a marketplace build in collaboration with district0x will be implemented allowing performers to upload and sell digital content via ETH or ERC-20 tokens.
SpankChain token (SPANK) is an ERC-20 token that will be used to mint alternatives tokens and also provide payment and governance rights within the SpankChain ecosystem.