So. They are denying that its an ICO. They are selling us ERC 20 "proxy" tokens that we can then exchange for tokens on the porn website platforms. But other than that they are completely useless.

We cannot reverse this process and exchange the tokens on the platform back into the ERC 20 proxy tokens that will be on exchanges.

Basically right now due to hype the coin is getting massive attention and funding reservations. And has a potential hard cap around 120Mill.

So its possible as of right now the largest ICO funding ever could be done for something thats not actually an ICO and has no actual value other than to exchange for basically porn credits on various porn websites.

Oh also all reservation fees are just that. Fees that they keep. Including the 5% fee if your investing over $50,000 USD worth.

Ok so on the plus side i guess.. for the first 4 months you can get a full refund (minus your fee of course)

This is hilarious.