CoinDesk Publishes Crypto Guide for Sex Workers

CoinDesk Publishes Crypto Guide for Sex Workers

LOS ANGELES — Leading crypto news site CoinDesk has published a guide for adult creators and sex workers on how to use technologies like crypto, non-fungible tokens and decentralized finance to get paid for their content and services.

The guide, one of CoinDesk’s “Crypto Explainer+” articles, was penned by Megan DeMatteo and ran as part of the site’s “Sin Week” series.

“One could argue that crypto is simply a rational option in an industry that regularly faces police raids, censorship and blacklisting from legacy payment processors,” DeMatteo noted.

The article features cryptocurrency sector companies and initiatives such as NFTreats, Playboy NFTs and Spankchain. 

“The existence of an adult creator on these platforms is very precarious,” NFTreats’ Ernest told CoinDesk, citing abrupt changes in terms and conditions, withholding of payments and pressure from “Christian fundamentalists or politicians.”

For those in the sex work industry, DeMatteo noted, “the philosophy of decentralization goes beyond porn. Due to stigma, those who work in adult entertainment or sex work often turn to grassroots organizing to meet their needs. For example, the mutual aid organization Red Canary Song distributes food and medical care to Asian American sex workers, and the advocacy coalition DecrimNY works to destigmatize, decriminalize and decarcerate those who perform sexual labor, whether by choice, circumstance or coercion.”

To read “How to Pay for Porn With Crypto,” visit CoinDesk.

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Streamate Spotlights Savannah Sly as December 'Elevate' Community Partner

Streamate has selected New Moon Network founder and co-director Savannah Sly as its Elevate Community Partner for December.

LaBellaDX Launches New Site Through YourPaysitePartner

Content creator LaBellaDX has launched her new official website through YourPaysitePartner (YPP).

Clip Page Launches 'Creator Analytics' Feature

Custom content marketplace Clip Page has launched the Creator Analytics feature on its platform.

BBWXXXAdventures Relaunches Through Grooby's Blue.xxx

Paysite BBWXXXAdventures has relaunched under Grooby's new website management company Blue.xxx.

Flirt4Free Announces 'Tease the Season' Holiday Contest

Flirt4Free has announced its Tease the Season promo and model contest, which will run Dec. 21-25.The competition is led by the return of the Snowflake Contest, where models can be gifted digital snowflakes by their fans. The models who collect the most snowflakes by 11:59 a.m. on Christmas Day will win cash prizes.

SWR Data Publishes 2024 'Top Creator Platforms' Report

Adult industry market research firm SWR Data has published a report on the Top Creator Platforms of 2024.

MintStars Joins Pineapple Support as Supporter-Level Sponsor

Content platform MintStars has joined the ranks of over 60 adult businesses and organizations committing funds and resources to Pineapple Support.

Politicians Aim to Study Effects of FOSTA-SESTA on Sex Workers

In an encouraging sign for sex workers, California State Representative Ro Khanna and U.S. Senator Elizabeth Warren of Massachusetts have reintroduced the SAFE SEX Workers Study Act, which aims to study the effects of FOSTA-SESTA.

Pornhub to Shut Down Access in Florida Over Age Verification

Aylo will geoblock Pornhub across Florida starting Jan. 1, when HB 3, the state's age verification law, goes into effect.

AEBN Publishes Popular Searches by Country for October, November

AEBN has released the list of popular searches from its straight and gay theaters by country in October and November.

Show More