07-02-2022, 01:13 PM
PUBLISHED SAT, FEB 5 20229:15 AM EST
MacKenzie Sigalos
Allie Eve Knox creates adult content.
She makes sexually provocative videos, sells subscription services on platforms like OnlyFans, performs live via webcam, and works as a findomme – short for financial dominatrix, a fetish involving dominance-submission dynamics and cash.
The Texas native is also a major advocate of cryptocurrency.
......
Her interest kicked off in 2014, which is when she says several vendors, including PayPal, Square Cash, and Venmo, shut down her accounts because of red flags related to sex work.
So Knox started accepting cryptocurrencies instead.
......
“The majority of sex work in the U.S. is legal. It’s not dealt with fairly, but it’s still legal,” explained Kristen DiAngelo, an activist and Sacramento-based sex worker who has spent over four decades in the industry. “Stripping is legal…massage is legal…escorting is legal. The only thing that’s really illegal in the U.S. is the honest exchange of sexual activity for remuneration, for money.”
......
OnlyFans announced plans to ban sexually explicit content, its core product. The decision was met with such blowback that OnlyFans reversed course within days.
The whole episode gave whiplash to OnlyFans performers, some of whom realized that they were just one company policy change away from financial ruin.
Rae, a star of the OnlyFans ecosystem, was spooked
......
So she took action.
She started with the basics, teaching herself the fundamentals of crypto ...... assembling a team of developers to build WetSpace, a cryptocurrency-powered adult entertainment platform
......
WetSpace will be a place where creators don’t have to worry about “big banking restrictions and payouts.”
......
Adult content creators have also jumped on the non-fungible token, or NFT, bandwagon. Knox tells CNBC she’s sold photos of herself as NFTs on OpenSea and through SpankChain’s custom NFT marketplace.
Much much better to read the long report at: https://www.cnbc.com/2022/02/05/bitcoin-...llion.html
MacKenzie Sigalos
Allie Eve Knox creates adult content.
She makes sexually provocative videos, sells subscription services on platforms like OnlyFans, performs live via webcam, and works as a findomme – short for financial dominatrix, a fetish involving dominance-submission dynamics and cash.
The Texas native is also a major advocate of cryptocurrency.
......
Her interest kicked off in 2014, which is when she says several vendors, including PayPal, Square Cash, and Venmo, shut down her accounts because of red flags related to sex work.
So Knox started accepting cryptocurrencies instead.
......
“The majority of sex work in the U.S. is legal. It’s not dealt with fairly, but it’s still legal,” explained Kristen DiAngelo, an activist and Sacramento-based sex worker who has spent over four decades in the industry. “Stripping is legal…massage is legal…escorting is legal. The only thing that’s really illegal in the U.S. is the honest exchange of sexual activity for remuneration, for money.”
......
OnlyFans announced plans to ban sexually explicit content, its core product. The decision was met with such blowback that OnlyFans reversed course within days.
The whole episode gave whiplash to OnlyFans performers, some of whom realized that they were just one company policy change away from financial ruin.
Rae, a star of the OnlyFans ecosystem, was spooked
......
So she took action.
She started with the basics, teaching herself the fundamentals of crypto ...... assembling a team of developers to build WetSpace, a cryptocurrency-powered adult entertainment platform
......
WetSpace will be a place where creators don’t have to worry about “big banking restrictions and payouts.”
......
Adult content creators have also jumped on the non-fungible token, or NFT, bandwagon. Knox tells CNBC she’s sold photos of herself as NFTs on OpenSea and through SpankChain’s custom NFT marketplace.
Much much better to read the long report at: https://www.cnbc.com/2022/02/05/bitcoin-...llion.html