SpankChain was a legitimate and historically significant project that pioneered state channels (SpankPay) for the adult industry. However, the project's primary utility, SpankPay, shut down in March 2023 due to banking service terminations (Wyre). The project has since pivoted to advocacy with no active payment infrastructure. The submission provided is extremely low quality, containing demonstrably false claims about audience reach ('everyone') and traction ('most people'), resulting in a low score reflecting its current 'zombie' status and lack of active utility.
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