SEX & Cryptocurrency THe Wetspace story
SEX & Cryptocurrency THe Wetspace story
What's the news?
What's the news?
Adult content creators in US are turning to crypto-based platforms after mainstream financial and tech firms cut them off from cash payments
Size of SEX Industry
Size of SEX Industry
The American sex industry generates $10 -$12 billion per year. The recent pulling off
the plug by financial firms is threatening their livelihood
What's Going on?
What's Going on?
Wells Fargo informed sex workers that their accounts would be terminated. Visa & MasterCard withdraw support from Pornhub
WetSpace to the rescue
WetSpace to the rescue
To hedge the risk many adult creators joined WetSpace, OnlyFans lookalike platform that processes payments in cryptocurrency.
Coins Accepted
Coins Accepted
WetSpace adhere the law and release crypto payments to the creators. It accepts
eight stablecoins, including ETH, USDT, USDC, and DAI
Insta blocked Pornhub
Insta blocked Pornhub
In another news, Instagram blocked Pornhub page without notice. It wasn't showing nude content on the platform & had 13.1 million followers.
Content with Crypto
Content with Crypto
Many adult creators are satisfied after switching to WetSpace. SwipeUp for details
Learn More
Also Read:
Also Read:
1..
Crypto friendly Banks
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Crypto friendly Banks
2..
$14b crypto fund
2.
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$14b crypto fund
3..
GameStop FTX deal
3.
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GameStop FTX deal
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