• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

FindBiometrics

FindBiometrics

Global Identity Management

  • Biometrics
    • What are Biometrics?
    • FAQ
    • Biometric Associations
    • Companies
    • Premier Partners
  • News
    • Featured Articles
    • Interviews
    • Thought Leadership
    • Podcasts
    • Webinars
    • Year in Review
  • Applications
    • Biometric Security
    • Border Control and Airport Biometrics
    • Consumer and Residential Biometrics
    • Financial Biometrics
    • Fingerprint & Biometric Locks
    • Healthcare Biometrics
    • Justice and Law Enforcement Biometrics
    • Logical Access Control Biometrics
    • Mobile Biometrics
    • Other Biometric Applications
    • Physical Access Control Biometrics
    • Biometric Time and Attendance
  • Solutions
    • Behavioral Biometrics
    • Biometric Sensors and Detectors
    • Facial Recognition
    • Biometric Fingerprint Readers
    • Hand Readers & Finger Scanners
    • Iris Recognition
    • Biometric Middleware and Software
    • Multimodal Biometrics
    • Physiological Biometrics
    • Smart Cards
    • Vein Recognition
    • Voice and Speech Recognition
  • Stocks
  • Events
  • Companies
  • Podcasts

F***-to-Earn Crypto Startup Uses Wearable Biometrics to Track Sexual Activity

June 3, 2022

A new cryptocurrency start-up is trying to monetize sex. SEXN’s business model is comparable to that of a play-to-earn video game, insofar as it is promising to reward users with a proprietary cryptocurrency for completing challenges when they engage in sexual activity.

F***-to-Earn Crypto Startup Uses Wearable Biometrics to Track Sexual Activity

Having said that, there are plenty of reasons to question SEXN’s ability to deliver on that promise, beginning with the privacy consideration. Sex is an inherently intimate act. Users would therefore need to provide SEXN with incredibly sensitive personal information to demonstrate that they are having sex. To that end, SEXN says that it is planning to release a wearable device that will capture biometric data to determine when someone is masturbating or achieving coitus. However, the company has yet to offer any real details about that wearable, or the app that would be used to record performance results.

In the meantime, SEXN has stated that people will be able to use their own watches or wristbands to track their activity. The company claims that the biometric data (including heart and respiratory rate) of someone having sex is meaningfully different from that of someone engaged in regular exercise, especially when paired with GPS data. People do not travel as far when having sex as they do when they go for a run, and the hand movements also tend to be more distinct, at least according to SEXN.

Whether or not SEXN’s algorithm can deliver that level of accuracy remains to be seen. If it does work as intended, people will need to purchase one of SEXN’s NFTs to get in on the scheme. The NFTs depict condoms and vibrators, which currently go for 0.8 Binance Coin (roughly $259 USD) on the SEXN marketplace, and SEXN users need to have one of those NFTs in their account in order to unlock different sex-to-earn modes. For example, those with a condom NFT will have access to Coitus Mode, which lets them earn SEXN’s Sex Orgasm Tokens ($SOT) through traditional intercourse (users will still need to remember to hit a button on their app to mark the beginning of a session).

Other modes include Masturbation Mode (which generates fewer tokens), Super Mode (for longer sessions), and Sadism & Masochism Mode, which is still in development due to safety concerns. In each case, users will be rewarded in $SOT, which generated $125,000 in presales. SEXN has also released a $SST governance token, which crashed in value shortly after its debut.

At the moment, it’s unclear whether SEXN will become a real service, or whether the company is trying to bring in as much cash as possible before abandoning the scheme. The company also has yet to answer some major cybersecurity questions, which is noteworthy in light of recent hacks targeting the crypto space. Either way, SEXN is clearly banking on the fact that sex sells to generate interest with potential customers.

Source: Vice

–

June 3, 2022 – by Eric Weiss

Related News

  • Goodix Heart Rate Sensor Featured in New Huami EarbudsGoodix Heart Rate Sensor Featured in New Huami Earbuds
  • Virgin Galactic Researchers to Wear Biometric Suits in Study of Microgravity EffectsVirgin Galactic Researchers to Wear Biometric Suits in Study of Microgravity Effects
  • LifeQ Releases New Version of COVID Detection App for the General PublicLifeQ Releases New Version of COVID Detection App for the General Public
  • SA Water Trials Biometric Wearables to Improve Worker SafetySA Water Trials Biometric Wearables to Improve Worker Safety
  • Gucci-branded Oura Ring Brings Luxury to Wearable BiometricsGucci-branded Oura Ring Brings Luxury to Wearable Biometrics
  • BioIntelliSense Unveils Rechargeable BioButtonBioIntelliSense Unveils Rechargeable BioButton

Filed Under: News Tagged With: Biometric, biometric wearables, biometrics, crypto, cryptocurrency, heart rate tracking, respiratory tracking, startups, wearable biometrics, wearables

Primary Sidebar

Identity is Shaping Air Travel – Time to Invest

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

TECH5 logo

TECH5 is an international technology company founded by experts from the biometrics industry, which focuses on developing disruptive biometric and digital ID solutions through the application of AI and Machine Learning technologies.

TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases. 

Learn more: www.tech5.ai

Mobile ID World Logo

Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs.

Recent Posts

  • Lawsuits, Passkeys, and a New VP: Identity News Digest
  • Digital Identity Tech Demo Online Event
  • Biometric Ticketing Comes to Osaka Station: Identity News Digest
  • TikTok, Robots, and a $10 Facial Recognition Device: Identity News Digest
  • Register for the Digital Identity Tech Demo Online Event

Biometric Associations

IBIA and fido

Tweets

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 FindBiometrics