OnlyFans, a prominent adult membership network, will now allow users to upload verified non-fungible tokens (NFTs) as profile images.
The platform will only handle tokens created on the Ethereum blockchain, and non-fungible token profile images will have an Ethereum emblem to indicate that they are genuine. According to Reuters, which broke the story first, the corporation introduced NFT profile images in December.
OnlyFans, which debuted in 2016, has grown in popularity as a way for content creators to monetize their work by selling it to members. Many current social networking firms, like Twitter, have leaped into introducing digital art profile images, and this is just one of them. According to the source, the corporation has indeed been working on developing this function for the previous two months.
According to OnlyFans CEO Ami Gan, the introduction of non-fungible tokens profile images is merely the first stage in the company’s non-fungible tokens journey. Furthermore, Ami Gan said,
“This feature is the first step in exploring the role that NFTs can play on our platform.”
Last month, Twitter introduced verified digital art profile images, but the feature is currently only available to premium customers of the company’s service. According to sources, as Meta, the parent firm, continues to push deeper into the metaverse, Facebook and Instagram are reportedly planning to implement a similar function.
Could the NFT trend be a game-changer for the crypto world?
When social networking behemoth Twitter opted to use NFT profile images, it generated quite a stir. It undoubtedly caused a schism on the platform. While some welcomed it, others chastised the platform for investing in it rather than removing crypto scammers from the network.
In perspective, cryptocurrencies have already been adopted by a number of adult video websites. In April of 2018, Pornhub began taking the Verge cryptocurrency. Bitcoin and Litecoin were reportedly added to the website’s payment options in early September 2020, according to reports.
However, even though cryptocurrency adoption has been slow across the board, the fact that OnlyFans has joined the NFT bandwagon suggests that cryptocurrencies may soon become a staple in adult entertainment.