Onlyfans, an internet content subscription service, has launched a feature that uses non-fungible token technology (NFT). Onlyfans has added a new feature that allows members to use authenticated NFTs in their profile photos.
Onlyfans Takes Steps into the Realm Of NFTs
The London-based content subscription service Onlyfans is well known for its direct funding for content creators, its one-time tips, the firm’s pay-per-view (PPV) features, and of course, NSFW content.
Onlyfans revealed this week that it is using blockchain technology. Users can now show off their NFTs by the company. According to a report from Reuters, Onlyfans CEO Ami Gan explained that the move is meant to empower the platform’s userbase.
” Our mission is to empower creators so that they can realize their full potential,” Gan told Elizabeth Culliford, Reuters author. “This is the first step to explore the role of NFTs on our platform .”
Onlyfans has been a major player in the NFT industry’s expansion. A large number of well-known brands and businesses have already joined the ranks. Twitter’s verified NFT profile feature, which is very similar to the Onlyfans NFT profile concept, can be found on Twitter. Twitter introduced the feature last month.
On Febraury 6, Bitcoin.com News reported on Alphabet’s (Google) plans to explore blockchain and Web3 technology. Furthermore, Alphabet’s subsidiary Youtube published a blog post explaining that it has plans to leverage non-fungible tokens (NFTs). The CEO of Instagram, Adam Mosseri, said Instagram is exploring NFTs and reports note that Meta is also experimenting with the technology.
According to Ami Gan, CEO of Onlyfans, NFT support will only be available for Ethereum-based NFTs. To verify that they are authentic, an Ethereum logo will be used. It was not clear if the company would support any other blockchains that support NFT technology in the future.
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Adam Mosseri, Alphabet, Ami Gan, Blockchain Onlyfans, Blockchain tech, content, content subscription service, Ethereum, Ethereum (ETH), Instagram, Meta, nft, NFT profiles, NFTs, Non-fungible Token, Onlyfans, Onlyfans Blockchain, Onlyfans CEO, Onlyfans Ethereum, PPV, Profile NFTs, Subscription, Twitter, Web3 technology, YouTube
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Jamie Redman
Jamie Redman, the News Lead at Bitcoin.com News, is a Florida-based financial journalist. Redman has been an active member of the cryptocurrency community since 2011. Redman is passionate about Bitcoin, open-source codes, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
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