“The first worldwide direct end-to-end booking platform for prostitution: It is our aim that “In- stafuck” will be the Uber for paid dates. If it will be successful, imagine the potential there is in an industry that has eight times the service providers per capita compared to the taxi industry. Whereas in Germany there are 56,000 taxis and in comparison, there are over 400,000 sex-workers. The average price for spending time with a sex-worker is significantly higher than that of a taxi.”
-The Gingr Platform
A Brief History of Sex and Prostitution
Humans are naturally craving species and as such had developed a predilection for sex over-time. The advent of sex dates as far back as 750 B.C in the Roman Empire. Back then sex was probably more gratifying for men and more as a duty for women. In Ancient Rome same-sex was considered by most to be a fair game for men keeping certain conditions abreast. The Latin for ‘Lesbian’ women was tribades or fricatores which means “those (women) that rubbed”. As this is a term commonly used to refer to same-sex between women back in the day. Nonetheless Lesbian sex was unconditionally abhorred since it often requires a man’s penetration, therefore any woman adopting this role (and her submissive recipient thereafter) were penalized in the same vain.
Prostitution on the other hand is referred to the business of rendering sexual services in exchange for a fee or payment. Being one of the world’s oldest profession, the Prostitution industry is yet to garner mainstream adoption as it is considered to be an unholy act by some and morally degenerating by most. This trade can be performed in various forms as its legality ranges from region to region as well as country to country so does it’s modus operandi. Whereas it’s acceptability is not evenly widespread among many countries ranging from being permissible but unregulated in certain countries, to being regarded as an enforced or unenforced crime, or a regulated profession in other advanced economies. It happens to be one amongst the many branches of the sex industry, which includes pornography , stripping , and erotic dancing .
“A new global ecosystem with its own currency for safe and anonymous payments. A crypto coin which will revolutionize the way transactions are made in a market with a capitalization of $186 billion. Welcome to the future GG Coin.”
-Gingr
The Reason For the Change
Since the 1950s, organizations have been using mainframe computers to process their data. With time-sharing, several users could access a mainframe computer from connected stations that required little to no processing power at all. Most organizations therein bought into the “time-sharing” schedules so as to increase their return on investment (ROI) as great as possible. This shared computational resource became the fundamental premise of cloud technology. However with the emergence of blockchain technology, cloud computing is yet to peak to unimaginable heights since the combination of both technologies could give rise to something more grandeur.
Problems Facing the Sex Service Industry.
- Immigration Legitimacy
Migrant prostitutes in most developed economies are regarded as controversial and a well established political debate. Hence these women who came to source for a means of livelihood tend to face potential deportation without recourse to the law. According to a 2009 TAMPEP report; “Sex Work in Europe: A mapping of the prostitution scene in 25 European countries”. Most prostitutes in these countries, predominantly Eastern and Central Europe are immigrants. With Italy and Spain having the highest percentage of immigrant prostitutes at 90%, Austria coming next at 78%, followed by Switzerland at 75%, Greece 73% and Norway 70%.
- Child Prostitution
Although stringent approaches are in place against human trafficking for the purpose of sexual exploitation. According to a Unicef research, 106,000 children applied for asylum within their first 6 months of arrival in Europe, raising the number up by 74% in 2015 alone. Basically, these girls leave home with the mindset of seeking for greener pastureof doing menial jobs such as Hairdressers or Carers. On arrival, these ladies are imposed with a debt of €50-60,000 on them by these purported travel agents for bringing them over to Europe. Thereby forcing them into prostitution as the only means to settle their debt. Where as Abolitionists can’t seem to draw a line between selling sex and sexual exploitation. However a regulatory measure is set in motion that tends to build on this difference rather than oppose it. Subsequently empowering women involved in the sex trade by eliminating the stigma and qualifying the business of rendering sexual services as a normal economic activity.
- Violence
The victimization rate recorded between brothel and bar prostitutes in juxtaposition to street prostitutes are consequentially. In the United States alone, the homicide rate for female prostitutes was estimated to be 204 per 100,000 sex workers. Due to inadequate regulatory backings, the prostitution business is prone to illegal, abusive, and dangerous activities.
“With one view maintaining that this results from prostitution being stigmatized or illegal, or both. Another school of thought however, believes that legalizing and regulating prostitution does not improve the situation, but instead makes it worse, creating a parallel illegal prostitution industry, and failing to dissociate the legal part of the sex trade from crime.”
-According to a 2014 study on Sexual Exploitation and Prostitution and it’s impact in general equality by Directorate-General for Internal Policies.
- Extortion Scheme
Prostitution as one of the oldest forms of trade in human history has since being the most widely used means of extortion and blackmail. Since the practice is yet to be legalized in some communities, most modern day extortionists tend to use this trade as a medium to syphon monetary rewards from the victims in the near future.
The Gingr Platform
In recent times, the business of prostitution has witnessed a tremendous amount of black market campaign in dominance. Even though the annual revenue generation is pegged at over a $100 billion globally. In fact, there exist about 42 million prostitutes in the world. Ranking countries from continents such Central Asia, the Middle East and Africa as a top sex tourism destinations) according to statistics being carried out on prostitutes all over the world. But if properly regulated this industry has a potential of becoming the most profitable sector of the economy in human history.
As the Prostitution Industry continues to thrive over the years despite certain discriminations, there has being a fierce debate among civil society organisations, academics, politicians and public opinion makers from around the globe about the best approach towards regulating the prostitution business, or, more clearly: women selling and men buying sex. As this debate ensues, those involved in the Sex Service Trade are only freight with the same basic mindset as any other business entity; which is how to maximize profit.
Bearing these set-backs in mind the a Switzerland Stock Company Gingr Company based in Badenerstrasse 809 in 8048 Zürich, Switzerland sort to find better solutions towards such hurdles facing the Prostitution Industry. As a Fintech Company founded in 2016 that specializes in the prostitution business has decided to create a legalized online booking ecosystem for sex worker on the cloud. Salvaging the many advantages of the nascent blockchain technology such as decentralization, smart contracts, tokenization among many others. The Company aims to offer an all-round digital communications Solution.
How Does it Work?
The Gingr platform already have a Minimum Viable Product (MVP) that’s a market hub for sex trades and sexual related services. In order to design a User-friendly platform with underlying blockchain features, the Gingr Company becomes the Fintech company of the future as the platform ships in with its native cryptocurrency.
“We have created the world’s first button where you get instant access with a guaranteed book- ing for sex, welcome to the “Instafuck!”. It is ergonomically placed on your screen and is hard to miss. Once you see it on your mobile, your thumb will not resist from stroking the rabbit, our Instafuck brand. Having started the booking, you will have to choose between in call or out call before being displayed all the online Gingrs available within a 25km radius to your location at that time. All that is left to do is select a Gingr and be ready at your meeting point. Your Gingr will be with you as fast as an Uber and, who knows, maybe they arrive in an Uber taxi. The payment for the booking will work in the exact same way as a Hook Up. It’s like a brothel in the cloud, with instant results.”
The Gingr Solution.
This cloud-based ecosystem ships in additional safety features for all the platform’s stakeholders such as a record-keeping of client interactions for review purposes.
1. CLIENT
A Gingr’s client gets:
– Access to instant and guaranteed sex; – a quick and effortless way to browse; – locate nearest Service Providers;
– view online Gingrs;
– information securely stored while remaining anonymous;
– secure, fast and confidential blockchain payment system with GGC.
2. GINGR
A Gingr gets:
– Instant access to customers worldwide with only one profile on a single platform; – Gingrs regular working tool;
– be visible to the nearest potential clients through geo-location;
– services pre-paid by clients;
– personal finance feature;
– receive payments directly through the platform;
– personal profile on their Establishment/Agency listing; – access to crypto and fiat accounts.
3. ESTABLISHMENTS AND AGENCIES
Establishments and Agencies get:
– Management features to assist their Gingr bookings; – the inbuilt geo-locator advertises their business;
– services pre-paid by clients;
– access to crypto and fiat accounts.
4. PLANNED FEATURES
There is a great deal of refinement to the system which we are working on. The list below con- tains a few examples of such features; however, it is not exhaustive:
– Gingrs can find a work space with Gingr Pop n Go;
– Gingrs have access to our consultancy services for visas,
tax regulations, local legislations and working permits;
– Gingrs can maintain an up to date client portfolio;
– establishments can use a recruitment tool for vetted Gingrs looking for work; – Gingrs being able offer a set of services and price them individually;
– once an independent Gingr finds an establishment or agency and connects with them a set of data will be changed by default.
This will include information such as contact details, availability
Token Generation Event
A sum total of 1,000 million GGC have been generated. The total sum of GGC tokens are evenly distributed across the three token generation phases, marketing and reserve for future developements: –
50% (500 million GGC) would be allocated for the token generation event.
30% (300 million GGC) would be allocated for the Company’s reserve to support the price and liquidity of the GGC,m and for marketing.
10% (100 million GGC) would be allocated for building strategic partnerships with leading industry leaders.
10% (100 million GGC) would be reserved for angel investors and early supporter.
Note: These allocations will be locked for 6 months after the end of the ICO.
Website:
https://ggcico.io/
White-paper:
https://api.ggcoin.ch/download/pdf/ggc-white-paper.pdf
Arthur’s BitcoinTalk Profile:
http://bitcointalk.org/index.php?action=profile;u=2187995
Disclaimer: "This article was created in exchange for a potential token reward through Bounty0x".
how funny
You could check out the Gingr website and tell me if you still think it’s a joke. lol.
Best post
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It's quite funny but this industry is as old as man, i strongly believe blockchain technology would shine more in-terms of privacy of individual and eliminating the middle man involved in the sex industry "lol".
I would keep this on the watch.
It would definitely be worth the wait, I can assure you that.
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