Philip Bradbury
WANKCOIN Business Development
Several years ago, the payments systems with respect to the adult entertainment industry completely fell apart. Banks regularly refuse to work with adult companies, so these entities often have to resort to special payments systems created for the industry. The largest ever was Epassporte. In September of 2010, Epass had it's visa license revoked and the whole industry was turned upside down, 10's of thousands of people lost savings. Some companies lost hundreds of thousands of dollars as Epass simply fell apart and their money was never returned. at Foshan.io, we set out to find a solution that was not so vulnerable to the knee-jerk reactions of companies like Visa, and one that was virtually impossible to be abused by the creators. WANKCOIN is the culmination of years of thought and work to find a fast, effective and safe way for adult companies to conduct their business, as well as a safe and anonymous way for customers to purchase adult content or products without the fear of their loved ones finding out, or the fear of their credit cards getting over charged!