Denominations | |
---|---|
Plural | Titcoins, TITs |
Nickname | TIT |
Development | |
Initial release | June 21, 2014 |
Ledger | |
Supply limit | 69,000,000 TIT[1] |
Demographics | |
Official user(s) | Worldwide |
Administration | |
Issuing authority | Decentralized Peer-to-Peer Netswork |
Titcoin (Ticker Symbol: TIT) is a cryptocurrency launched in 2014.[2] Titcoin's blockchain is derived from the Bitcoin source code, with modifications to improve transaction speed and efficiency.[3] Titcoin is intended for the adult entertainment industry to allow users to pay for adult products and services without the fear of incriminating payment histories appearing on their credit cards.[4]
In 2015, Titcoin received two nominations at the 2015 XBIZ Awards.[5]
Titcoin was founded by Edward Mansfield, Richard Allen, and a third anonymous individual.[6] The founders developed Titcoin for the adult entertainment industry as a cash alternative payment system for performing anonymous transactions.[7][8]
On June 21, 2014, the Titcoin cryptocurrency wallet and source code was released with an initial soft launch for the cryptocurrency community followed by a hard launch for the public.[9]
In September 2014, Patrick McDonnell[10] joined the Titcoin development team as a business development advisor.[11][12]
On May 29, 2017, Titcoin and its properties were acquired by the adult game development studio Joy-Toilet.[13]
On September 5, 2018, Titcoin and its assets were acquired by the TittieCoin Developers.[14][15][16]