OL to OF, if you may. When the years-old tells me her age, she promises that she is not lying about it. Most others do. It only took Lucy a year to exceed the income she earned from her job in the finance industry with OnlyFans content. But despite the lucrative earnings, getting ahold of the money from her online hustle is a lot more complicated than it seems. Lucy tells me that a few years ago, OnlyFans creators were able to get their income deposited directly into their bank account.
But in the last few years, it has become much more complexβespecially for creators based outside the US. For substantial earnings like ours, the cut they take is significant. The only alternative to this expensive process is getting the earning amount credited directly to your credit card. Another common challenge is chargebacksβwhen a payment processor takes back money that has already been paid out.
This happens when, for example, an individual who bought OnlyFans content tells their bank it was a fraudulent transaction. In , Visa and Mastercard cut ties with PornHub , impacting the masses of sex workers who make a living through the platform. PayPal and Stripe, two other major payment processors, also do not allow business from anyone in the adult entertainment industry.
To protect herself from an increasingly hostile financial environment, Lucy has started looking into diversifying the payment methods she uses. So far, cryptocurrencies have presented themselves as one of the most promising alternatives. Since then, Lucy has started accepting payments from her clients in cryptocurrencies. Similarly, professional dominatrix Eva Oh is exploring crypto payments after facing multiple struggles with payment processors. My entire earnings for one year were taken.
Often, she asks for more equity in their companies than they have so they feel like they are working for her daily. Beyond being a fun element to incorporate into play sessions, cryptocurrencies bring tangible benefits, mainly in the realms of anonymity and security. But the currency pretty much tanked. There have also been countless projects that have tried making coins for the adult industry specifically, from Sexcoin to Bigboobscoin.
