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September 03, 2021

Inferno Pay to Launch Decentralized Fan Platform and More

The adult industry was rocked last month when OnlyFans announced abruptly that it would be changing its policies and disallowing ‘explicit’ content on the platform. That news generated a massive backlash from sex workers and was quickly followed by a second announcement from OnlyFans declaring that, on further evaluation, the company wouldn’t change its policy after all.

Many adult platforms these days are dealing with growing concerns over centralized payment processors and ‘big banks’ refusing to process transactions, a fate that rocked adult giant Pornhub earlier in the year. Concerns over payment processing and banking are not new to the adult industry, but in recent years the issue is rapidly becoming worse.

According to a recent press release from Inferno Pay, a company that is set to launch its all-new decentralized cryptocurrency payment gateway in just a few days, the adult industry needs to plan for a possible world where platforms can’t process credit cards directly.

“Soon, companies like Visa and Mastercard will cease doing business with sex workers altogether,” the company wrote. “We have seen this happen before with the website backpage.com. The crazy thing is, it can happen at any time, leaving adult content creators and performers with no place to go.”

This possibility has some forward-thinking companies and sex workers looking hard at cryptocurrencies. Given it would take some time for companies to implement new technologies like crypto, and to familiarize customers with crypto as a payment option, getting ahead of any possible bad news on the credit card front makes good sense for those concerned.

“Decentralized finance is the future of all adult payments, eliminating the need for big banks and shady payment processors,” wrote the company. “L.O.C DIGIMEDIA LTD, owners of multiple adult platforms, have teamed up with fintech developers to create the solution.”

Inferno Pay Platform Launch

That team-up has resulted in the creation of Inferno Pay, a cryptocurrency payment gateway and token platform that will officially launch on Sept 8th.

Inferno Pay will also eliminate chargebacks and fraud, a significant problem for sex workers who sometimes see customers send money then later pull it back. Plus, one of the main goals with Inferno Pay is to protect users from the unwelcome manipulation and interference of big banks and credit card processors.

To start the new service off with a bang and make it simple for sex workers to use its technology, Inferno Pay will quickly follow-up its launch with the debut of all4fans.com, an OnlyFans-like platform that’s fully integrated with Inferno Pay and lets sex workers keep 100% of their profits. That launch is scheduled to happen on September 15th.

More Innovations for Content Creators

Inferno Pay, in connection with all4fans.com, also will let creators get into the NFT craze with minimal effort. According to the company, the solution will let creators “mint their content with a few clicks to an NFT, protecting intellectual property from theft and abuse.”

Inferno Pay will also offer an open-source API, at no cost, to any platform that wishes to use the technology.

Inferno Pay has acknowledged that it will take some time for adult companies, creators and customers who are used to credit cards to get comfortable with using cryptocurrencies and tokens instead, but they see the transition as simply inevitable.

“Inferno Pay has massive backing in this industry,” the company wrote. “Many stars have become brand ambassadors, including Sophie Dee and Reena Sky, just to name a few.”

Of course, creator platforms aren’t the only “killer app” in adult, as live cam platforms are also incredibly popular with fans and online sex workers. To address that market, Inferno Pay has announced it’s also launching a live webcam site that will only accept cryptocurrencies as a payment option. Additional details on this platform are expected soon.

Interested parties can follow Inferno Pay on Twitter and Telegram, or visit all4fans.com for more information on that platform.



 
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