Web3 Gives Online Content Creators More Freedom as Centralized Platforms Restrict Payments

Patreon creators had payment issues in August, while OnlyFans previously tried banning porn, pushing creators to Web3 alternatives.
Web3 platforms like Only1 offer creators more control and earnings compared to centralized platforms.
In 2021, OnlyFans model Allie Rae launched crypto platform WetSpace as an OnlyFans alternative.
Recently, OnlyFans creators moved to decentralized platform Friend.tech built on Coinbase's Base layer-2.
Web3 removes dependency on payment processors, giving creators and platforms autonomy over content allowed.

cointelegraph.com

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9/27/2023

Web3's Promise: Decentralization, Digital Ownership, and an Internet for the Future

Web3 technology, with its emphasis on decentralization, digital ownership, and data sovereignty, remains resilient during bear markets and presents an opportunity for genuine innovation and growth.