Building ‘OnlyFans on blockchain’ is a huge, untapped opportunity — Dfinity founder

Dfinity founder Dominic Williams believes content creation platforms like OnlyFans are ripe for disruption now that decentralized technologies have become mainstream. He’s inviting developers to build a blockchain-driven content platform on Internet Computer (ICP) — a powerful general-purpose blockchain launched by Dfiniity Foundation earlier this year. In an interview with Cointelegraph, Williams discussed recent attempts by financial institutions to censor adult content creation on OnlyFans, as well as the general outlook on smart contract platforms. In August of this year, major financial institutions such as Bank of New York Mellon, Metro Bank and JPMorgan Chase effectively forced OnlyFans to ban sexually explicit content on its platform. CEO Tim Stokely told the Financial Times that his company, which has become synonymous with adult content creation, “had no choice” but to heed to the banks’ demands. (The banks reportedly threatened to cut ties with OnlyFans because of the reputational damage of servicing an adult content platform.)
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- CoinRado.com