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OnlyFans, Patreon models turn to Web3 amid payment and censorship fears

  • Adult content creators are shifting towards decentralized versions of OnlyFans and Patreon
  • Payment difficulties and the threat of being de-platformed are driving this shift
  • The role of intermediaries is diminishing, giving more power and earnings to creators
  • Patreon creators faced difficulties in withdrawing earnings as payments were flagged as fraudulent
  • OnlyFans’ attempt to ban sexually explicit content in 2021 shows the risk of de-platforming for creators
  • Only1, a decentralized version of OnlyFans launched on the Solana blockchain, aims to address these issues
  • Other startups, like WetSpace and Friend.tech, are also offering decentralized alternatives for content creators
  • Migrations to decentralized platforms are expected as creators seek to avoid censorship rules
  • A true peer-to-peer payment infrastructure like blockchain is seen as the next step for creators
  • Proof of Peach, SEXN, and Keyhole are other Web3 adult entertainment platforms
  • Creators will have full autonomy over their content and ownership rights on decentralized platforms

Adult content creators are turning to decentralized versions of platforms like OnlyFans and Patreon due to payment difficulties and the risk of being de-platformed. The role of intermediaries is diminishing, giving more power and earnings to creators. Patreon creators recently faced difficulties in withdrawing earnings as payments were flagged as fraudulent. OnlyFans’ previous attempt to ban sexually explicit content also highlighted the risk of de-platforming for creators.

Decentralized platforms like Only1 on the Solana blockchain, WetSpace, and Friend.tech are offering alternatives for content creators. These platforms aim to provide creators with more autonomy and ownership rights over their content. The migration towards decentralized platforms is expected to continue as creators seek to avoid censorship rules imposed by centralized intermediaries.

Other Web3 adult entertainment platforms, such as Proof of Peach, SEXN, and Keyhole, are also operating in this space. Creators are realizing the potential of blockchain technology to eliminate intermediaries and have full control over their content and earnings.

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