IMHO they just should have used Steem and set up their own environment, kind of like @bescouted did with bescouted.com for photography. No need to build a new economy, just enabling a niche to grow. Nobody is going to buy "photography coins" (Kodak, are you listening?! 😂) and nobody in their right mind will buy "porn coins". There is no incentive for either the consumer or producer.
There are a few erotica/ porn producers on Steem, but their income pales in comparison to account that just recycle Tumblr GIFs😒
So yeah, agree, Vice tokens are stupid.
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"MHO they just should have used Steem and set up their own environment"
Agreed. This would appear to be the whole reason the STINC team has focused so much on SMTs.