How to purchase Erotix using MyEtherWallet

We’ve been getting quite a few inquiries on how one purchases our ICO so we thought we would do a quick write-up on how to do so. Below is how to purchase Erotix.

DISCLAIMER: We are not responsible for loss of funds from negligence or a missing step. We recommend you test these instructions out on a small amount of Ether first to prevent any substantial losses.

This tutorial assumes that you already know how to acquire Ether.  If you do not know how to acquire Ether, for most US customers the easiest way to do so would be to make an account at http://www.coinbase.com, sign up and buy Ether. From there you will need to send the Ether to this newly created wallet. Please remember to do these things at your own risk.

Once you have acquired Ether, you need a wallet that supports ERC20.  ERC20 is a protocol that allows you to buy ICO Tokens built on the Ethereum Network. There are two types of wallets: a downloadable wallet or an online wallet.  A good online wallet would be http://myetherwallet.com . The advantage to the online wallet is that you can literally make an account and have a wallet in minutes. The disadvantage of an online wallet is that you may forget your password or the wallet website itself may have its security compromised.  The advantage to a downloadable wallet is that you can copy the wallet, back it up to another hard drive, or generally keep the wallet “safe” at home.  If the PC is off the internet either by lack of power or disconnected, no one can come in and “steal” your ether by hacking. The drawback to a downloadable wallet is that it must download the entire blockchain before you may begin. This “syncing” process does take 2-4 days of downloading the block data and can reach 50+gigabytes of data.

This tutorial will be using the online wallet MyEtherWallet.com.

  1. Go to https://www.myetherwallet.com/
  2. Once you are there, double check that you are at the right place by confirming the address in your address bar.
  3. Create a new wallet by making up a password in the main text box. Please make sure you typed the right password using the “Eye” button to the right. If you get it wrong you will never be able to enter your wallet again. Click “Create New Wallet” when you are ready.

Create a new wallet

  1. On the next page download your keystore file.

Saving Keystore File

  1. Make sure you save it somewhere safe. Copy and Paste it to multiple places if you are afraid you are going to lose it. If you lose it you will never be able to access your Ether wallet again. One recommendation could be to email it to yourself to a secure email that you never use.
  2. Save your private key. Copy/Paste this text into a text file and save it to your computer. Same rules apply as in the previous step: try to make multiple copies and put it somewhere where you know it can’t get lost.
    Saving Private key
  3. Click “Save your Address”. On the next screen, you will now get to Open the wallet you just created. The previous steps were only to create the wallet, but now you need to “log in” to the wallet, using the info you just saved.  You can do this via two methods: by uploading the Keystore file you just made, or by copy/pasting the private key you just made.Opening Your Address
  4. Once you are “in”, you will notice you have an “Account Address”. This is your ether address. Send ether to this address and it will arrive here.  Once you have an ether balance in this address, you need to buy Erotix Tokens.  In order to complete this next step, once you have funds in your ether wallet, click “Send Ether and Tokens” from the top.Send Ether & Tokens
  5. You will need to “log in” again.
  6. Send Ether to the address provided from the ICO, and you will receive Erotix tokens in return. This may take up to 2 hours but will most likely occur in a few minutes.
    Purchase Erotix Tokens
  7. Click on “View Wallet Info”. You may need to “log in” again with your private key or JSON file.
    View Wallet Info
  8. Scroll to the bottom and add a custom token using the following information:

Address: 0x54fe56d168a8c847dbf13dd6e0fcfffa4e55d467
Symbol: ERX
Decimals: 18
Adding ERX as a custom token

  1. You should now have an Erotix (ERX) balance.
    Viewing ERX Balance
  2. To send ERX Tokens out from this wallet in the future, you need to go back to “Send Ether & Tokens” and change your currency to the Erotix (ERX) token and a valid Erotix Address.
    Sending ERX

 

 

Release of Erotix.io and White Paper

Today marks an exciting day for Erotix as we have released both our product website and our white paper. Accompanying our product website, we have set up this blog to release the latest news regarding Erotix. Of course, all updates will also be posted to our:

So be sure to follow us! For now, we’d like to give you a short run-down of what Erotix actually is and what you can expect in the weeks and months to come.

The Erotix Platform

Let’s start off with a short introduction to the Erotix Platform. Our goal is to fix the current shortcomings and problems in the Adult Entertainment industry. We want to do this by utilizing the power of Blockchain Technology and Cryptocurrencies. Our main product is Erotix.Network but we will also be deploying and maintaining Erotix.Games and Erotix.Store.

Content Rewarding

In this day and age, technology keeps on getting more complex and more accessible. This has resulted in the fact that many people now have access to a phone or video camera that can record high definition videos. Many couples and solo performers have started to record themselves while performing sexual activities. Although often kept private, a large number of people also uploads these videos to publicly viewable websites.

Now, the creators of this content often do not get any benefits for sharing this content. Most Adult Entertainment Networks keep the advertising revenues generated by this content and even the networks that do share the revenue with the uploaders of the content, keep the majority of the revenue for themselves. We do not think this is fair.

This is why we came up with Erotix.Network, a video tube website similar to the likes of Pornhub.com. What makes us different? Well, we strive to give the content creators the reward that they actually deserve. We have a huge fund with our own cryptocurrency, the Erotix Token, which will be used to pay out the content creators. Since we have this fund, we also do not need to run any pop-ups, pop-unders or in-video advertising. All the content will be rewarded from the fund and all the server costs will be fully covered by transaction fees.

Curating Content

The fund of Erotix.Network also allows for other cool features. For example, a small proportion of the rewards of a video will be used to pay content curators. Who are these content curations? Everyone! That’s right, everyone with a registered account is also a content curator.

If you sign up with us for a user account, you receive 14 votes. Every 24 hours you’ll earn another 2 votes. Now, whenever you vote on a video, you will receive a part of the earnings for that video. So when, for example, a video receives 80 Erotix Tokens, an additional 20 Erotix Tokens are split between everyone that voted on the video. Thus, not only the content creators earn money but also the content curators.

But why would we do this? Well, when we reward people for voting on content, we know that they are more likely to give a well-thought-out vote. Thus, this voting system helps us to get an even better understanding of the quality of all the content, than a regular voting system.

Gaming Community

Everyone needs to let off steam sometime. Gaming is a great way to do so, which is why we will build a gaming website – Erotix.Games – containing a lot of different video and casino games. Of course, games will mainly be Adult-themed and any micro-payments or bets can be paid with Erotix Tokens. All the casino games that we plan on releasing are provably fair. In the coming weeks, we will devote a post to all the games that we plan on releasing during our launch.

International Web-Shops for Everyone

With Erotix.Store we will launch an international web-shop containing Erotix merchandise and Adult products. We also give our users the option to set up their own stores. Users can follow a simple set-up wizard to launch their store within a matter of minutes! We take care of all the technical stuff and will also provide an escrow service to guarantee safe payments between seller and merchant.

API’s

We will release API’s for all our applications so developers have the possibility to build awesome applications on top of our platform. More information on the API’s will be released in a later stage.

What to Expect

Over the course of the next months, we will start to market the website. We will also be posting informational posts with in-depth explanations of all the features of the Erotix Platform. We will also be releasing a bounty-campaign, the details of which are to be released on this blog.

In the meantime, be sure to read our white paper and tell your friends about our project.

Thanks,

The Erotix Team