OnlyFans, a outstanding grownup membership community, will now permit customers to add verified non-fungible tokens (NFTs) as profile photographs.
The platform will solely deal with tokens created on the Ethereum blockchain, and non-fungible token profile photographs could have an Ethereum emblem to point that they’re real. In keeping with Reuters, which broke the story first, the company launched NFT profile photographs in December.
OnlyFans, which debuted in 2016, has grown in reputation as a manner for content material creators to monetize their work by promoting it to members. Many present social networking companies, like Twitter, have leaped into introducing digital artwork profile photographs, and this is only one of them. In keeping with the supply, the company has certainly been engaged on growing this perform for the earlier two months.
In keeping with OnlyFans CEO Ami Gan, the introduction of non-fungible tokens profile photographs is merely the primary stage within the firm’s non-fungible tokens journey. Moreover, Ami Gan mentioned,
“This function is step one in exploring the function that NFTs can play on our platform.”
Final month, Twitter launched verified digital artwork profile photographs, however the function is presently solely accessible to premium clients of the corporate’s service. In keeping with sources, as Meta, the dad or mum agency, continues to push deeper into the metaverse, Fb and Instagram are reportedly planning to implement an identical perform.
May the NFT pattern be a game-changer for the crypto world?
When social networking behemoth Twitter opted to make use of NFT profile photographs, it generated fairly a stir. It undoubtedly precipitated a schism on the platform. Whereas some welcomed it, others chastised the platform for investing in it moderately than eradicating crypto scammers from the community.
In perspective, cryptocurrencies have already been adopted by plenty of grownup video web sites. In April of 2018, Pornhub started taking the Verge cryptocurrency. Bitcoin and Litecoin had been reportedly added to the web site’s fee choices in early September 2020, based on studies.
Nonetheless, regardless that cryptocurrency adoption has been sluggish throughout the board, the truth that OnlyFans has joined the NFT bandwagon means that cryptocurrencies might quickly change into a staple in grownup leisure.