The parent company of the content subscription service OnlyFans, Fenix International, invested $19.9 million in #Ethereum from 2021 to 2022.

As of the end of November of the previous year, the company reported an unrealized loss of $8.46 million on its Ethereum holdings. At that time, Ethereum's price had dropped to $1,217, reducing the initial investment to $11.43 million. The document states, "There are no restrictions on the Group's ability to sell cryptocurrency assets."

#OnlyFans was launched in 2016. In 2022, the number of content creators increased by 47% to 2.16 million, and the number of subscribers grew by 27% to 188 million. The platform's revenue increased from $4.8 billion to $5.6 billion, and pre-tax profit increased from $433 million to $525 million.

In February 2023, OnlyFans added support for #NFTs, allowing users to set non-fungible tokens as profile avatars.

Later, two former executives of OnlyFans, Tim Stokely and RJ Phillips, announced the creation of the Zoop platform for trading celebrity-themed gaming NFT cards.

On August 21, the daily transaction fees on the #Web3 social network Friend.Tech surged to $1.4 million, ranking third after Ethereum and #Lido. $ETH