Tag Archives: start-ups

Revolutionizing Adult Industry Payments with Allie Eve Knox of SpankChain TPP251

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Ameen Soleimani

Allie Eve Knox PicIn this episode I’m joined by Allie Eve Knox, VP of Sales at SpankChain for a exploration of her crypto journey and her role at the illustrious SpankChain crypto company

Allie is a Fetish Performer, Content Creator, VP of Sales at SpankChain

My Non Verbatim Show Notes:

allie nox vp sales

super in debt,grad school, camming at night, do it house, didn’t have to sit in traffic

2014,

started shooting porn

custom videos, out of bedroom, camming

2017 found spank chain

got in fight with somebody on twitter,

you should hire me, sent resume, i work her now, these are the things i’m gonna do

coming into start up tech space, adult liaison, didn’t know how to deal with my dominatrix character

working with them since ICO

putting out a bunch of pr

we were so strange

aliens in the room

realized, people

weren’t assimilated into tech

did an ico in ico days 2017,

white paper, cam site, crypto only camsite, launched beta april 2018, no privates, no personal chat, site looked really good

beta for a year

discovered, shit hit the fan with crypto, started tanking, people stopped wanting to spend

hard to find user base to part with money

credit card payments brought in more traffic

user account process, get key phrases, all typical crypto stuff

people were really confused by it, constantly losing there stuff

had to completely overhaul the back end

took camsite down, launched few products

hopefully will be bring cam site back up

now first version, model profiles build off of that , where cam site and clip site built on

find favorite model

just put out very first version at AVN

model’s able to get own custom link,

here’s my link pay me through there

links to video content

basically whatever you want

so many benefits in crypto

I’ve had all my accounts shut down, I was violating the rules for selling panties or content

started taking crypto

no one’s gonna protect the adult industry

spankchain, we’re gonna make this for the adult industry

everything’s anonymous, not a thing where I wife is gonna find his credit card purchases

won’t get shut down, low fees

some sites take 50%

credit card processing, we pay taxes

with crypto we just take a 1% fee, .5% for merchants

stable coin, super exciting

really simple cash out process

wills done excellent job of making user experience super easy and intuitive

appreciate community coming together

building a platform models want to use

charge backs, all typical shit

take you’re finances

booty stable coin

really nice to count on,

really nice if I have $250 goal it’s gonna be the same price

whatever you bring in, minus 1% fee

at first didn’t have this on camsite in beta

having to explain price fluctuation

models want to know how to sell things

we just want to make it work, all the technical stuff I don’t know, it doesn’t matter

that’s all I need

I don’t really know how cash works or

don’t have anybody we partner with

gemini sex worker friendly

really good dealings with them

still have to go through exchange, kyc all those things

but I can kind of tease this, we are working on regulations for fiat offramp

load up on spank pay, go and pay bill

going through regulatory process on that, we’ll know mid march

due diligence, paperwork on all that

started camming, paid out on pay card

I could just go cash out automatically

really save me in times when I needed to get paid

that’s really gonna open doors for people

if we start seeing it in everyday practice showing friends

really hope that’s what’s coming next, h

we’re gonna clone product for other people in adult

cannabis, having a hell of a time with payments

there always getting fucked too, we’re gonna co-brand a product, like a white label

we targeted the people who needed this product

we wanted to build the things that the people needed

adult really needed it

this is what we’re all stoked on, this is how we live our lives

the bigger picture is white label it for whoever wants it

start with adoption for people who really need it

people who are unbankable

kind of a solution to a whole lot of problems

urge community to participate in this

send crypto on this

for me, someone in my camroom taught me how to use crypto

2018 started showing up different attitudes towards crypto

adult is always the forefront of technology

maybe if it takes off only a handfull will use it,

never came in there, we’re gonna change the game, we’re another solution we can solve a few problems, we’re hear, we don’t wanna fight

showing up year after year, friendly, hang out with models, provided good community

people started to take us more seriously

started winning awards, good press, kind of the black sheep, kinda strange ones

we were like the red headed step children of the industry

we kept showing up being friendly and cool, putting out products

markets have crashed but we’re still here

a little easier this last year, proven numbers, partners that really like us

been kind of a turning point

now its t

camsite didn’t have a lot of features

small team

takes a long time to do a lot of really cool shit

gave a space for people do do whatever they wanted

people slept

people garden

crypto allows you to do whatever the hell you want

free speech

so open, accepting

it was a no pressure zone, be yourself

smoke, eat

no ranking, no cam score

people were able to monetize it

one time, battle test on site, everybody on at the same time

we want you to break shit, push buttons all be streaming at the same time

spank house, going in tipping,

models streaming, we built this fucking product, spent every moment of our lives

really cool, everybody in this moment, so proud, so thankful model

spank house corporate culture

boys lived in venice beach, had a loft, had extra bedroom, most of team was remote

people would sleep on couches, get together a week a month, bang through things

boys had that place until this winter, downsized, it was a really great spot where the whole team could be together

we’re still remote, devs in canada, I’m in texas, to get team together on call once a week is not enough

company culture, spend a lot of time together, hang out together eat together, work together

we all get together and spend time together

working on this product, lived and breathed

I have a spank chain shirt,

we still have a problem, and have to build a solution

if eth is at 100 or 1000, still that problem out there, no one else is gonna do it

no one else has stepped up

we’re going to work every last second we possibly can

that’s one reason I’m still in this

I need someone to help me protect my money

I need this product

I will work tirelessly to make this product

this what drives every person on the team

whatever that markets gonna do

full force, here are the things we’re gonna do

market has changed so much

Launching an App to Provide On-Demand Sex, Dating, and Relationship Coaching with Brianna Rader TPP161

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Brianna Rader Pic
In this episode I’m proud to feature sex tech entrepreneur Brianna Rader to share about her journey of launching an app to provide on-demand sex, dating, and relationship coaching. She reached out to me for an interview and I feel honored to be able to use this podcast platform to promote for-profit enterprises that are in alignment with my mission.

About Brianna:
Brianna Rader is the Founder and CEO of Juicebox, an app that provides 1-on-1 sex, dating, and relationship coaching anonymously. She has worked in sex education for 6 years and started her career providing sex education to college students in the state of Tennessee. Her first experience was quite controversial–leading to the state defunding her organization and legally condemning her. She received an MSc. in Global Health from UC-San Francisco.

Link to app. https://itunes.apple.com/us/app/juicebox-intimacy-dating/id1086096282?mt=8

Link to website. https://www.juiceboxit.com/

In the episode we discuss:

  • how the app is helping people with issues such as erectile dysfunction, how to ask women out, how to have better orgasms, how to reconcile differing libido in couple relationships
  • her personal journey, being deprived of adequate sex education
  •  her growing up in conservative Tennessee
  • being told to wait until marriage to learn about sex in the absence of sexuality education
  • in college she started local organization to provide sex ed to students, it was controversial and drew rapid backlash
  • the state got involved, defunded her organization, and passed a bill legally
    condemning it
  • this battle got her on the Bill O’Reilly show (watch video here: https://content.jwplatform.com/players/nMeWACUA-zffGtjRq.html
  •  despite the backlash she felt support for the organization, students loved it, some professors were very supportive, events were successful, but the state was a barrier
  • they had to fund raise all the money back, but were able to do so within 36 hours, states from far away sent donations to allow the program to continue operating
  • she knew the public policy route would be a decades long battle
  • tech seemed to be solution to help more people faster
  • she’s a first time entrepreneur with the Juice Box app, it pairs people one-on-one with sex,  dating,  and relationship coaches anonymously
  • coaches can cost $200 an hour and maybe far away, the app provides on-demand access that’s in your pocket at all times via your phone
  • she shares about the workflow of going from concept to development and deployment
  • first app was for teens and young adults, she saw that a lot of adults using the first version and the current version is more taylored to adults
  • I ask about the process of navigating regulator compliance regarding privacy, age verification, etc.
  • we talk about sex tech challenges for sales, marketing and advertising in a conservative online environment
  • there’s a disparity in male sex products vs female due to inherent gender bias
  • erectile dysfunction ads approved, dating coaching ads weren’t because of mildly revealing women pictures
  • a combination of humans and algorithm for policy flagging so there are inconsistencies
  • we discuss the app user experience, first the user is asked a series of questions to help with finding the best matching coach for their needs
  • coaches are hand selected
  • user can message the coach as much as they want, the coach will always get back within 24 hours
  • it provides interactive guides and exercises
  • it provides automated scripts to help practice better strategies for intimate communication
  • I ask about the economics of the app ecosystem
  • client pays $24 per week
  • 70% of the revenue goes to the coach
  • its flexible for the coaches, they can answer on their own time
  • about the half the coaches are licensed therapists, some are PHDs, some are certified through AASECT, the association of sexuality educators, counselors, and therapists
    https://www.aasect.org/
  • how the economics of ecosystem works
  • coaches get vetted with a written application (https://juiceboxit.typeform.com/to/WJwaGE), phone interviews, chat simulation
  • recent success stories include, helping to healing erectile dsyfunction led to helping uncover and resolve deeper relationship issues and enhancing communication in relationship, improving couples sex lives’ in various ways, helping women have their first orgasm ever, helping people with advanced skills or techniques
  • affiliate program is open for bloggers, podcasters, etc to get their own coupon code
  • on the topic of the disparity in venture funding for female founded startups
  • there’s very little funding to women, even less to women in sex tech
  • so much money to be made in the new markets for sex tech, but investors are afraid of the sex taboo
  • one creepy weird investor said her physical presentation didn’t match the sex appeal of the product
  • women in sex tech is supportive industry group (https://www.nytimes.com/2017/08/18/nyregion/women-of-sex-tech-unite.html)
  • we discuss a hopeful vision of the future horizon
  • hopefully more funding enters the space
  • we need more diversity and women founding in the first place
  • the women already founding deserve support
  • a study came out, if investors invested equally in womens’ existing start ups, they would have made an additional $85 million
  • male founded startups get over twice as much
  • hopefully there will be more venture funds focused on women in sex tech
  • we discuss the development road map
  • the current product has been live for a couple months
  • I imagine the potential sex ed advice market probably bigger than spoon feeding porn to consumers, more life time customer value than piping porn into eyeballs
  • on market research, it’s a new market, not a lot of companies providing this kind of resource
  • it’s possible to compare to the therapy and sex toy market to see how much people are spending
  • it’s hard to say directly, how much its worth
  • the online dating market didn’t exist until recently, it could be a $3 billion market
  • I propose the possibility of future sex tech apps facilitating training and certification course ware modules to upgrade the sexuality IQ of the general population
  • she thinks its an interesting idea but would need research to see if people would embrace it, other sex tech apps have launched with good intentions but haven’t always had an easy time with adoption