The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT) technology. The newly-added feature, introduced on Thursday, gives Onlyfans members the ability to display authenticated NFTs as their profile pictures.
Onlyfans 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.
This week, Onlyfans has revealed it is experimenting with blockchain technology as the firm is allowing users to show off their NFTs. 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 to own their full potential,” Gan explained to the Reuters author Elizabeth Culliford. “This feature is the first step in exploring the role that NFTs can play on our platform.”
Onlyfans is behind the eight ball when it comes to joining the NFT industry, as a large swathe of well-known businesses and popular brands have already jumped in. Moreover, Twitter’s verified NFT profile feature is similar to the Onlyfans NFT profile concept. Twitter launched 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 Onlyfans CEO Ami Gan, the NFT support will be for Ethereum-based NFTs, and in order to know they are verified, an Ethereum logo mark will be present. The company didn’t disclose whether or not it would support other blockchains that support NFT tech going forward.
What do you think about Onlyfans adding NFT support? Let us know what you think about this subject in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Be the first to comment