Content material Subscription Service Onlyfans Provides Ethereum-Based mostly NFT Profile Characteristic – Blockchain Bitcoin Information


The web content material subscription service Onlyfans has introduced the launch of a characteristic that leverages non-fungible token (NFT) expertise. The newly-added characteristic, launched on Thursday, offers Onlyfans members the power to show authenticated NFTs as their profile footage.

Onlyfans Steps Into the Realm of NFTs

The London-based content material subscription service Onlyfans is well-known for its direct funding for content material creators, its one-time suggestions, the agency’s pay-per-view (PPV) options, and naturally, NSFW content material.

This week, Onlyfans has revealed it’s experimenting with blockchain expertise because the agency is permitting customers to indicate off their NFTs. In accordance with a report from Reuters, Onlyfans CEO Ami Gan defined that the transfer is supposed to empower the platform’s userbase.

“Our mission is to empower creators to personal their full potential,” Gan defined to the Reuters creator Elizabeth Culliford. “This characteristic is step one in exploring the function that NFTs can play on our platform.”

Onlyfans is behind the eight ball relating to becoming a member of the NFT business, as a big swathe of well-known companies and widespread manufacturers have already jumped in. Furthermore, Twitter’s verified NFT profile characteristic is much like the Onlyfans NFT profile idea. Twitter launched the characteristic final month.

On Febraury 6, Information reported on Alphabet’s (Google) plans to discover blockchain and Web3 expertise. Moreover, Alphabet’s subsidiary Youtube printed a weblog put up explaining that it has plans to leverage non-fungible tokens (NFTs). The CEO of Instagram, Adam Mosseri, stated Instagram is exploring NFTs and stories word that Meta can also be experimenting with the expertise.

In accordance with Onlyfans CEO Ami Gan, the NFT help will probably be for Ethereum-based NFTs, and with a purpose to know they’re verified, an Ethereum brand mark will probably be current. The corporate didn’t disclose whether or not or not it might help different blockchains that help NFT tech going ahead.

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Jamie Redman

Jamie Redman is the Information Lead at Information and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for Information in regards to the disruptive protocols rising right this moment.

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