Titcoin

{{Infobox cryptocurrency

| currency_name = Titcoin Digital Currency

| image_1 = Titcoin_Branded_Logo_(Horizontal).png

| image_title_1 = Titcoin Brand Logo

| issuing_authority = Decentralized Peer-to-Peer Netswork

| initial_release_date = {{Start date and age|df=no|2014|6|21}}

| using_countries = Worldwide

| nickname = TIT

| plural = Titcoins, TITs

|supply_limit= 69,000,000 TIT{{Cite web |url=https://www.vice.com/en/article/titcoin-is-a-brand-new-cryptocurrency-for-porn-purchases/ |title=Titcoin is a Brand New Cryptocurrency for Porn Purchases - VICE |date=22 June 2014 |access-date=2021-04-05 |archive-date=2020-10-23 |archive-url=https://web.archive.org/web/20201023051812/https://www.vice.com/amp/en/article/ppmqym/titcoin-is-a-brand-new-cryptocurrency-for-porn-purchases |url-status=live }}

}}

Titcoin (Ticker Symbol: TIT) is a cryptocurrency launched in 2014.[https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3101730 Titcoin Analysis Paper] {{Webarchive|url=https://web.archive.org/web/20200813174156/https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3101730 |date=2020-08-13 }} The Licentious Blockchains: Outlining an Altcoin Subgenre. Banking & Insurance eJournal. Social Science Research Network (SSRN). Date accessed 23 January 2018. Titcoin's blockchain is derived from the Bitcoin source code, with modifications to improve transaction speed and efficiency.Moore, Lane. [http://www.cosmopolitan.com/sex-love/news/a32693/titcoin-the-new-anonymous-currency-for-buying-porn/ "Behind Titcoin, the New Anonymous Currency for Buying Porn"] {{Webarchive|url=https://web.archive.org/web/20201029050513/https://www.cosmopolitan.com/sex-love/news/a32693/titcoin-the-new-anonymous-currency-for-buying-porn/ |date=2020-10-29 }}. Cosmopolitan Magazine. Retrieved 30 October 2014. 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.Lynch, Gerald.[http://www.gizmodo.co.uk/2014/06/titcoin-is-the-bitcoin-for-porn/ "Titcoin is the Bitcoin for Porn"] {{Webarchive|url=https://web.archive.org/web/20200908185903/https://www.gizmodo.co.uk/2014/06/titcoin-is-the-bitcoin-for-porn/ |date=2020-09-08 }}. Gizmodo UK. Retrieved 23 June 2014.

In 2015, Titcoin received two nominations at the 2015 XBIZ Awards.[http://www.payoutmag.com/index.php/press-releases/802-titcoin-receives-two-web-a-tech-xbiz-nominations "Titcoin Receives Two Web & Tech XBIZ Nominations"] {{Webarchive|url=https://web.archive.org/web/20141227171806/http://www.payoutmag.com/index.php/press-releases/802-titcoin-receives-two-web-a-tech-xbiz-nominations |date=2014-12-27 }}. Payout Magazine. Retrieved 18 November 2014.

History

Titcoin was founded by Edward Mansfield, Richard Allen, and a third anonymous individual.Mercier Voyer, Stephanie. [https://www.vice.com/en/article/titcoin-is-a-brand-new-cryptocurrency-for-porn-purchases/ "Titcoin Is a Brand New Cryptocurrency for Porn Purchases"] . Vice Magazine. Retrieved 18 June 2014. The founders developed Titcoin for the adult entertainment industry as a cash alternative payment system for performing anonymous transactions.Spitznagel, Eric. [http://www.menshealth.com/sex-women/who-buys-porn?fullpage=true "Who Actually Pays for Porn Anymore? An Investigation"] {{Webarchive|url=https://web.archive.org/web/20150114005050/http://www.menshealth.com/sex-women/who-buys-porn?fullpage=true |date=2015-01-14 }}. Men's Health Magazine. Retrieved 14 August 2014.Weisman, Carrie. [http://www.designntrend.com/articles/15814/20140623/porn-gets-currency.htm "Porn Gets Its Own Currency"] {{Webarchive|url=https://web.archive.org/web/20140708174854/http://www.designntrend.com/articles/15814/20140623/porn-gets-currency.htm |date=2014-07-08 }}. Design & Trend. Retrieved 23 June 2014.

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.Chang, Lulu. [http://www.bustle.com/articles/29097-titcoin-is-a-bitcoin-esque-currency-for-porn-and-only-porn-and-we-cant-even ""Titcoin" Is A Bitcoin-Esque Currency For Porn, And Only Porn, And We Can't Even"] {{Webarchive|url=https://web.archive.org/web/20201027015537/https://www.bustle.com/articles/29097-titcoin-is-a-bitcoin-esque-currency-for-porn-and-only-porn-and-we-cant-even |date=2020-10-27 }}. Bustle Magazine. Retrieved 23 June 2014.

In September 2014, Patrick McDonnellGiles, Jeff. [http://majormindjob.com/wolf/ "Wolf of Wallstreet – Patrick McDonnell interview"] {{Webarchive|url=https://web.archive.org/web/20160527114117/http://majormindjob.com/wolf/ |date=2016-05-27 }} Major Mindjob. Retrieved 29 January 2014. joined the Titcoin development team as a business development advisor.Blue, Violet. [http://www.playboy.com/articles/titcoin-bitcoin-for-adult-industries "Why Is Wall Street Taking ‘Titcoin’ Seriously?"] {{Webarchive|url=https://web.archive.org/web/20180408234456/http://www.playboy.com/articles/titcoin-bitcoin-for-adult-industries |date=2018-04-08 }}. Playboy Magazine. Retrieved 24 October 2014.[http://business.avn.com/company-news/Patrick-The-Coyote-of-Wall-Street-McDonnell-Joins-Titcoin-575066.html "Patrick 'The Coyote of Wall Street' McDonnell Joins Titcoin"] {{Webarchive|url=https://web.archive.org/web/20150318072938/http://business.avn.com/company-news/Patrick-The-Coyote-of-Wall-Street-McDonnell-Joins-Titcoin-575066.html |date=2015-03-18 }}. AVN. Retrieved 9 September 2014.

On May 29, 2017, Titcoin and its properties were acquired by the adult game development studio Joy-Toilet.{{Cite news|url=https://www.xbiz.com/news/220403/joy-toilet-acquires-titcoin|title=Joy-Toilet Acquires Titcoin|last=XBIZ|work=XBIZ|access-date=2017-09-03|language=en|archive-date=2017-09-04|archive-url=https://web.archive.org/web/20170904070712/https://www.xbiz.com/news/220403/joy-toilet-acquires-titcoin|url-status=live}}

On September 5, 2018, Titcoin and its assets were acquired by the TittieCoin Developers.{{Cite web|url=https://twitter.com/OfficialTitcoin/status/1037412521785913346|title=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|first=TittieCoin|last=TIT™|date=September 5, 2018|access-date=September 7, 2018|archive-date=January 1, 2021|archive-url=https://web.archive.org/web/20210101145420/https://twitter.com/OfficialTitcoin/status/1037412521785913346|url-status=live}}{{Cite web|url=https://www.xbiz.com/news/238608/joy-toilets-titcoin-division-acquired-by-tittiecoin|title=Joy-Toilet's Titcoin Division Acquired by Tittiecoin|website=XBIZ|date=10 September 2018 |access-date=2018-09-11|archive-date=2018-09-11|archive-url=https://web.archive.org/web/20180911225545/https://www.xbiz.com/news/238608/joy-toilets-titcoin-division-acquired-by-tittiecoin|url-status=live}}{{Cite web|author=XBIZ|url=https://twitter.com/XBIZ/status/1039287664002850816|title=Joy-Toilet's Titcoin Division Acquired by Tittiecoin|date=September 10, 2018|via=Twitter.com|access-date=September 11, 2018|archive-date=January 1, 2021|archive-url=https://web.archive.org/web/20210101145525/https://twitter.com/XBIZ/status/1039287664002850816|url-status=live}}

References

{{Reflist}}