Connect with us

Hi, what are you looking for?

OnlyFans logo displayed on a phone screen and a website in the background are seen in this illustration photo taken in Krakow, Poland on April 27, 2021. (Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images)

Business

OnlyFans announces launch of NFT profile pictures

The platform will only support NFTs that are minted on the Ethereum blockchain and will display a Ethereum icon on NFT profile pictures to indicate their authenticity

According to an announcement on Thursday from OnlyFans, an online subscription platform known for adult content, users will now be able to display verified NFTs on their profile pictures, the company explained.

Our mission is to empower creators to own their full potential. This feature is the first step in exploring the role that NFTs can play on our platform.

Amrapali Gan, CEO – OnlyFans

As part of a trend of social media companies considering ways to integrate the digital tokens as part of their platforms, the UK-based company, which said it introduced this feature in December, has joined social media companies such as Twitter and Reddit.

In the aftermath of the pandemic, OnlyFans, which had been launched in 2016, boomed with creators selling sales of their content through the platform directly to subscribers.

The platform will only support NFTs that are minted on the Ethereum blockchain and will display a Ethereum icon on NFT profile pictures to indicate their authenticity.

Advertisement

You May Also Like

Cryptocurrency

Tether just created $1 billion in USDT on the Tron blockchain with no transaction fees. This shows how important Tron is becoming in the...

Cryptocurrency

Wyoming Senator Cynthia Lummis wants the U.S. Treasury to take a risky step by turning the government gold reserves into Bitcoin to create a...

Cryptocurrency

President-elect Donald Trump will meet with Brian Armstrong, CEO of Coinbase, to discuss personnel selections, including key positions that could influence bitcoin legislation. The...

Finance

Goldman Sachs is separating its blockchain platform to create an industry-owned solution. The program intends to increase blockchain usage in capital markets, provide innovative...

polkadot
Polkadot (DOT) $ 8.49 27.86%
bitcoin
Bitcoin (BTC) $ 97,663.17 1.25%
ethereum
Ethereum (ETH) $ 3,398.79 2.17%
cardano
Cardano (ADA) $ 1.07 7.30%
xrp
XRP (XRP) $ 1.47 1.27%
stellar
Stellar (XLM) $ 0.502157 47.84%
litecoin
Litecoin (LTC) $ 99.10 8.11%