With Creators Looking To Monetise Content – How Long Before We See An OnlyFans NFT?

One platform that is quickly gaining popularity among digital creators is OnlyFans. It allows creators to promote and monetize their content while also gaining popularity for their brands. Its popularity has grown because unlike most social media platforms, OnlyFans has no restrictions.

What is OnlyFans?

OnlyFans is a subscription-based social media site that allows content creators to monetize their pieces. Creators on the platform can hide their content, and fans who want to access it have to make a subscription or a one-off fee. OnlyFans can be used by all digital creators, including writers, artists, chefs, fitness trainers, and more. It has also grown in popularity because it allows explicit content banned on Facebook, Instagram, and TikTok.

OnlyFans was created in 2016, and it has attracted over 30 million registered users and over 450,000 content creators. Since launching, the platform has paid over $600 million to creators through monthly subscriptions. Monthly subscription fees range between $4.99 and $49.99, with the platform retaining 20% of the fee.

OnlyFans has attracted popular figures such as actress Bella Thorne, who made millions of dollars a few days after joining the platform. Reality TV actors such as Blac Chyna, Chad Johnson, and Erica Mena are also on the platform.

An OnlyFans NFT

OnlyFans and non-fungible tokens (NFTs) came in to transform the digital art world by removing all restrictions. Creators have a free space where they can express themselves and make millions while at it. Because of this similarity, it will not be long before we see a boom on OnlyFans NFTs.

NFTs have grown in popularity in all categories, including sports, music, and the entertainment sector. NFTs boost engagement between creators and fans by allowing fans to be part of the creation through exclusive promotions and tokens.

OnlyFans has creators from all categories, but it has become more popular with adult content creators. These creators have embraced OnlyFans because the platform allows them to promote content directly to their fans. Besides making money from the platform, OnlyFans allows creators to interact with fans and work on their own terms.

The boom of NFTs will create an even larger avenue where OnlyFans creators can earn more revenue. This shows that through a platform with no restrictions and a booming NFT sector, digital art creators can now make millions even from works that would have traditionally been frowned upon.

Leave a Reply

Your email address will not be published.

Related Articles
Read More

How to develop and launch your DeFi project

Decentralized finance (DeFi) is one of the hottest fields in the cryptocurrency space at the moment. These platforms provide alternative services to the traditional financial space, allowing people to enjoy financial services such as loans and more. The DeFi tokens are the backbone of the...
Read More

The Exciting Rise Of Institutional DeFi Investment

The transformation is accompanied by swift financial innovation and growth associated with radical opportunities and investment returns. Only in 2021, DeFi has recorded an increased total locked value from $646Million to about $14 billion. However, the Rise of Institutional DeFi Investment is triggered by this...
Read More

DeFi and the Rise of Ethereum Killers: BSC and Polkadot

With the emergence of blockchain technology more than a decade ago, new innovations including decentralized finance (DeFi) have permeated the space, with novel projects seeking to revolutionize the monetary and financial provisions of the existing financial institutions. With DeFi, users can depend on blockchain-backed smart...
Total
0
Share