According to CoinDesk, Crass Kitty, the founder of the adult website MyPeach.AI, is turning to cryptocurrency to deal with payment difficulties. When MyPeach.AI users purchase adult content, they are actually purchasing stablecoins, which are used to pay for the website's operating costs and AI content generation fees. Payment processors charge transaction fees of up to 10-15% for adult entertainment, while ordinary cryptocurrency transaction fees are 3-5%.
Kitty said that although cryptocurrency is not a panacea, it can reduce the risk of bank account closures. MyPeach.AI incentivizes users to interact with AI characters through PEACH tokens and allows users to purchase tokens by recharging their credit cards. Kitty developed the website at the mtnDAO hacker house and received feedback from the field.