HUSSY.IO: BLOCKCHAIN FOR THE SEX WORK INDUSTRY

Recently the American president signed a set of bills aimed at fighting online sex trafficking. The Fight Online Sex Trafficking Act (FOSTA), and the Stop Enabling Sex Traffickers Act (SESTA) have triggered mixed emotions. Backers of the bills see them as an important step forward for victims of illegal sex trafficking, whilst others believe it can potentially make the situation worse for sex workers by pushing them back onto dark street corners.

In an intentional blow to Section 230 of the 1996 Communications Decency Act, the so-called “safe harbor” bill, which stated that internet providers would not be seen as the publishers of content posted by their users; FOSTA/SESTA now puts websites and providers at risk of prosecution for the content their users share. As a result, sites are shutting down services that could even remotely facilitate sexual encounters. A good example is Craigslist taking down their personals section in fear of possible fines or worse.

Blockchain is the solution

Anticipating such legislation, Hussy.io has been working on a decentralized online solution for sex workers since mid-2017. The decentralized nature of Blockchain will enable Hussy.io to develop a infrastructure that is immune to external manipulation and any shut down attempts or censorship.

“Our solution will revolutionize engaging in sexual activity in exchange for payment by utilizing the Blockchain technology. The Blockchain will enable to increase the privacy, safety and the trust in the sex work industry like never seen before.”

HUSSY makes no secret out of the fact that they are making a platform for sex workers. No matter what your moral standpoint is towards sex workers, they are practising one of the oldest trades in the world and exist in all cultures and countries. It is highly unlikely that this will ever change. Criminalizing the trade will only make it harder to control and regulate, giving a free hand to criminals to exploit sex workers.

As can be seen in the diagram below, HUSSY infrastructure intends to use distributed ledger technology in order to make working conditions safer and ensure that participants can be mutually trusted without disclosing their identities.

Multi-billion dollar industry

Sex work is a touch subject and many digital innovators have been overlooking this industry due to its nature. This lack of innovation caused, that the market is currently very fractured and dominated mostly by shady ventures. Despite the fact that the global sex work generates over $186 billion in revenue annually, there are huge problems waiting to be solved. HUSSY seem to be on a the right track to solve the most crucial of them — trust and safety issues.

Tokenized economy

Like nearly all Blockchain companies, HUSSY is planning to issue Crypto-tokens. After deploying a prototype to the blockchain utility tokens will be used mainly by service providers for advertising of their services and by clients for making a security deposit, as a deterrent for “time-wasting” or abusive clients.

Since a large amount of tokens will be held in form of security deposits and some of the tokens will be even burned over time, the company anticipate that the token’s value will increase with the adoption of the platform.

The main token sale is planned for early 2019, with possible pre-sale rounds with a bonus during 2018. To get a better idea on how the platform will work, its features and the tech behind it and how can you to invest in the future of the sex work, you can take a look at their website and the whitepaper.

Useful links

• Website: https://hussy.io
• Whitepaper: https://hussy.io/app/assets/whitepaper.pdf
• Pitch deck: https://hussy.io/app/assets/pitch-deck.pdf
• Twitter: https://twitter.com/hussy_io
• Facebook: https://www.facebook.com/hussy.io/
• Reddit: https://www.reddit.com/r/hussyio/
• Telegram: https://t.me/hussy_io

Ronztimz
https://bitcointalk.org/index.php?action=profile;u=1853786
ETH : 0xbA5861a8f38B39727784Df3333BD9A190D9d83b0