Nicholas Guccione is the youngest son of the late Bob Guccione Founder of PENTHOUSE and OMNI Magazines and General Media International.
The launch of GuccioneCoin [GCC] is a one of a kind cryptocurrency with a gigantic built-in community primed for the benefits of decentralized, anonymous, low cost blockchain technology.
Nicholas Guccione began his Crypto-Research a little over a year ago. He has helped a few Cryptocurrencies and the coinciding Development Teams primarily through endorsements. After spending a lifetime growing up around PENTHOUSE he knew the importance of Payment Processors and the Banks that they represent.
Nicholas noticed one of the major failure points in the payments system in regards to subscriptions or other items purchased through PENTHOUSE was the lack of anonymity when utilizing Credit Cards. The customers privacy goes out the window.
From the beginning Nicholas noticed that there could be benefits in using CryptoCurrency instead of traditional methods of banking such as with high interest Credit Cards.
He also noticed that they could be used for micro purchases which Credit Cards still have not been able to achieve due to their fee structure. Protecting the anonymity of customers in the high end Erotica industry is very important.
This can be accomplished and still fall within compliance of the Global KYC/AML Guidelines.
Cryptocurrencies can allow for Micro-Purchases of digital content. These are some of the reasons that Guccionecoin was created. Nicholas has been working successfully for over a year obtaining digital content and media to be used inside some of the first editions of the Online Magazine that he is planning on building.
This Online Magazine will be built in the Spirit of PENTHOUSE and possibly called ‘Pure Guccione’ which is currently the leading title.
Nicholas realizes that there is plenty of competition out there in regards to adult entertainment that is free. In fact most all of it is free. However none of it can compare with the quality of the experience you get from viewing HD Media plus high end live Streaming 3D Video and movies.
The plan here is to create a market with GuccioneCoin, while continuing to build the Online Magazine which is a separate Guccione project that will accept Guccionecoin [GCC] as a merchant for payment on both a large and micro purchase scale of new and existing digital content.
Nicholas Guccione will be starring in a reality show this coming Winter 2015. The reality show will cover his daily life including GuccioneCoin and the building of the Online Magazine. It will also delve into his very private past, dating back to the early 1980’s when his father was one of the 400 most richest men in the world.
It will cover his early experiences when he first began working in the Mailroom at PENTHOUSE INTERNATIONAL to nearly 20 years later when he became the CEO of PENTHOUSE VIDEO.
The crypto-ecosystem could not have a greater person than Nicholas Guccione joining its ranks as a staunch advocate of cryptocurrency.
He has also had the pleasure over the last year to meet and work with TIT Developer Edward Mansfield and Patrick McDonnell ‘The Coyote of Wall Street’ and is also close to the Italian owner of The BitCoin Garden, Secco from Tuscany one of Bitcoin’s finest gentleman and experts.
The technical aspects and allocation of all data for Guccionecoin [GCC] will be covered in the white paper that has now had its due date extended until possibly Fall of 2015.
Everyone is welcome to join in the development of Guccionecoin and become part of the team today!