Bitcoin Cash-Powered Onlycoins Aims to Compete with the Popular Content Platform Onlyfans – Sharing economy Bitcoin News

Recently, Bitcoin Cash proponents have been introduced to a new application that competes with the content subscription service Onlyfans. The web portal Onlycoins is a service that is similar to Onlyfans but instead, creators can earn bitcoin cash by posting quality content and gathering subscribers.

Youtuber David Bond Features Bitcoin Cash-Fueled Onlyfans Clone

The popular Youtuber and BCH supporter David Bond recently published a video for his 501,000 subscribers about a new app that competes with the popular content subscription service Onlyfans.

Bitcoin Cash-Powered Onlycoins Aims to Compete with the Popular Content Platform Onlyfans
Bitcoin Cash fan and popular Youtuber David Bond discusses the Onlycoins app in his latest video.

The London-based Onlyfans basically allows creators to earn money from their fans and individuals get paid from pay-per-view (PPV) features and one-time tips. Bond told his subscribers about a new app called Onlycoins, a platform that offers similar services but pays in BCH and doesn’t take a 20% cut. Because Onlyfans provides the platform that hosts the paywalled content, the company takes a significant cut from its users’ transactions.

Bitcoin Cash-Powered Onlycoins Aims to Compete with the Popular Content Platform Onlyfans

Onlycoins is a digital content marketplace, and creators can receive funds directly from fans just like the app’s competitor. The platform does take a cut, as Onlycoins’ commission is 10% in comparison to Onlyfans.

The Onlycoins’ commission rate outperforms all the popular fee models on well known sites like Manyvids (30%), Pornhub (32%), and Clips4sale (40%). Moreover, Onlycoins members get paid directly with bitcoin cash (BCH), as the platform offers each individual a BCH wallet. Onlycoins does detail that the project is still in its alpha phase, and stresses to only deposit small amounts of BCH on the platform for now.

Onlycoins Starts to Fill With Members and Pay-per-View Content

Registering for Onlycoins simply takes an email, and then the user can create their profile. Thanks to David Bond’s recent video and mentions on social media platforms like noise.cash, the website onlycoins.app is already filling up with members.

Bitcoin Cash-Powered Onlycoins Aims to Compete with the Popular Content Platform Onlyfans

Of course, similarly to Onlyfans, the BCH-fueled Onlycoins has a bunch of adult-themed entertainment. Right now, scanning through the website’s feed, PPV features for pictures from a number of Onlycoins members can cost between $0.10 to upwards of $1 to unlock the content.

The Onlycoins developers also note that as development continues, the site may progress to a more “polished form,” at which time the commission rate may change. However, Onlycoins emphasizes that It is “absolutely our intention to remain cheaper than any relevant competition.” By leveraging a peer-to-peer cryptocurrency like BCH, the platform could easily continue offering competitive commission rates.

What do you think about the Onlycoins app? Let us know what you think about this subject in the comments section below.

Tags in this story
Adult-themed, BCH, BCH pay-per-view, bitcoin cash, bitcoin cash BCH, Creators, Cryptocurrency, David Bond, members, Onlycoins, Onlycoins app, Onlyfans, Onlyfans competitor, p2p, PPV, Sharing Economy, subscribers

Image Credits: Shutterstock, Pixabay, Wiki Commons, onlycoins.app

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.



Original

Spread the love

Related posts

Leave a Comment