Within the quickly evolving panorama of grownup leisure and blockchain expertise, a brand new participant, Only1, has made nice strides with a latest $1.3 million funding spherical led by Newman Group, accumulating a complete of $4.8 million to create a platform just like OnlyFans on the Solana blockchain Solana.
This initiative guarantees a decentralized method to grownup content material, however the huge query stays: will skilled creators from platforms like OnlyFans be keen emigrate to this new mannequin?
Only1’s daring transfer: can a brand new blockchain-based platform appeal to creators away from OnlyFans?
OnlyFans, a well known title within the grownup content material business, has confronted its share of controversies and challenges, significantly with its reliance on conventional banking techniques that almost led to a ban on grownup content material on account of strain from banks, as talked about by its CEO. Moreover, the platform takes a hefty 20% minimize on creators’ earnings, which has been some extent of competition amongst its customers.
These components make it a ripe goal for destruction by blockchain-based options like Only1, which gives a zero-commission mannequin on ideas and subscriptions and guarantees better autonomy and resistance to censorship.
Only1’s method doesn’t solely give attention to lowering charges, but additionally solves vital points associated to content material possession and portability. On conventional platforms, creators are sometimes constrained, as their content material, followers, and earnings are locked throughout the platform.
This makes it troublesome to vary service with out dropping a big a part of your viewers. Only1 goals to unravel this downside by leveraging blockchain expertise to offer creators true possession of their content material and a extra versatile engagement mannequin with their viewers.
The attraction of Only1: resisting censorship
One of many first points of interest of Only1 is its promise to withstand arbitrary censorship selections, a big attraction in response to Lucas Moreno, an expert creator on OnlyFans who can be crypto-skeptical. Moreno emphasizes the significance of such options, particularly in mild of the recurring modifications in content material insurance policies on platforms like OnlyFans.
Nevertheless, he expresses concern about Only1’s decentralized content material moderation technique, by which group members who maintain tokens vote on content-related points. Though this will likely appear democratic, Moreno fears potential discrimination, particularly as a result of to this point the platform appears to be dominated by feminine creators, which may affect the decision-making course of.
Regardless of these issues, Moreno acknowledges the attraction of a zero-commission construction on Only1, which may considerably enhance earnings from the identical degree of subscriber engagement. Nevertheless, the problem stays in convincing his follower base to modify to a brand new and comparatively untested platform, exacerbated by the overall skepticism of most of the people in direction of cryptocurrencies and blockchain applied sciences.
As well as, Only1 has introduced that it’s going to quickly introduce a bunch of creators with a mixed following of ten million, signaling a possible preliminary success in attracting content material producers. Nevertheless, the success of this transition will rely closely not solely on the technical robustness of the Only1 platform, but additionally on its skill to advertise a various and inclusive surroundings that addresses the issues of creators from completely different backgrounds.
Conclusions
In conclusion, whereas Only1 presents a brand new fascinating mannequin for content material creators pissed off by the constraints and insurance policies of platforms like OnlyFans, its success will rely on varied components.
Amongst these, the flexibility to teach potential customers on the advantages of blockchain, the flexibility to successfully handle moderation and discrimination points, and the general skill to supply a steady and user-friendly platform.
Because the panorama of digital and grownup content material continues to intersect with rising applied sciences like blockchain, Only1’s journey can be an essential indicator to grasp if creators are actually prepared to maneuver onto the chain and embrace a decentralized mannequin of content material creation and distribution.