Content Subscription Service Onlyfans Adds Ethereum-Based NFT Profile Feature

NFT

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 enters the realm of NFTs

London-based content subscription service Onlyfans is well known for its direct funding for content creators, one-time advice, the company’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 realize their full potential,” Gan told Reuters author Elizabeth Culliford. “This feature is the first step in exploring the role 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 February 6, Bitcoin.com News reported on Alphabet’s (Google) plans to explore blockchain and Web3 technology. Additionally, Alphabet subsidiary Youtube published a blog post explaining that it plans to mine non-fungible tokens (NFTs). Instagram CEO 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.

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