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OnlyFans gives NFT profile photo feature

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Another social network strives to increase creator profits by incorporating NFT capabilities into its platform.

OnlyFans' CEO, Amrapali "Ami" Gan, told Reuters in a release that the online subscription platform known for adult content will allow creators to create a nonfungible token, or NFT, profile photos.

"Our mission is to empower creators to own their full potential. This feature is the first step in exploring the role that NFTs can play on our platform."

According to Reuters, OnlyFans will only accept NFTs issued on the Ethereum (ETH) blockchain, and an Ethereum icon next to the NFT profile picture would signify legitimacy.

OnlyFans, as per the company, launched the feature in December, when Gan, the recently appointed CEO, joined. Gan stated in a statement following his appointment that the platform expresses its approach to security "by blending state of the art technology with creative capital." 

OnlyFans, based in the United Kingdom, has followed Twitter's trend by adding NFT profile images to its platform. Reddit is also said to be exploring NFT profile images, while YouTube said NFTs are "a compelling prospect for creators and their audiences."

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