SpankChain almost ready for SpankPay.me launch
With payout problems, banking issues, and low percentages running roughshod over the industry, SpankChain has revealed that their newest project, SpankPay.me, is launching within the month. SpankChain shut down their cam site, SpankLive, in October 2019, but promised big things coming in 2020, as they re-focused on providing cryptocurrency payment processing for the adult industry. In their blog post on Medium, SpankChain revealed that models would receive 99% of their payments, transactions are irreversible (so no chargebacks), and that models can withdraw their earnings at any time.
We’ll be keeping an eye out for developments, as they partner with more sites and roll out their direct-payment option for models.