Q&A: The Nafty Token and New Network For Adult Content Creation
LOS ANGELES — The adult entertainment industry has always been a technology disruptor. Even in the modern era, technology entrepreneurs continue to find ways to innovate sex tech and adult content creation and distribution. Blockchain and cryptocurrencies, for instance, have taken the industry by storm, with several players cashing in on it.
For some of these companies, the marriage between adult and crypto is a daily mission to deliver on the promise of crypto technologies. One of these companies is Nafty — “a social 360° adult-entertainment ecosystem for the Blockchain age.”
YNOT recently conducted an exclusive interview with Nafty’s chief business development officer, Jeffrey Dillon, to discuss the framework of their company, their token, and what their business model has in store for their next few years and the adult industry.
YNOT: What is the purpose of Nafty? This question covers Nafty as an enterprise and its importance in paving the way for a new front for adult content creation on the internet.
Dillon: Nafty is a crypto-based token specifically designed to be used in the adult industry. Nafty is a decentralized NSFW ecosystem that empowers content creators using blockchain. It removes intermediaries and offers low-cost payment solutions and marketing tools to help creators build a fanbase.
YNOT: What sort of token is Nafty?
Dillon: Nafty is the governance token across the ecosystem. Users can use the Nafty token on platforms across the Nafty ecosystem to pay for content and services. Since Nafty is a governance token, the token holders can also participate in governance matters to influence the roadmap of the Nafty ecosystem.
YNOT: Can you describe the ecosystem a little more for us?
Dillon: Nafty has already launched four adult content platforms – NaftyFans.com, NaftyPay.com, Nafty.tv, and NaftyArt.com. In addition, the token will be integrated on major adult websites to enable payment processing using Nafty. This solves a lot of issues for businesses and content creators, such as high transaction fees, chargebacks, waiting for funds to be received, etc.
YNOT: How is Nafty getting the word out? Do you think this is an attractive avenue for adult content creators?
Dillon: Nafty has partnered with well-known adult stars to make their exclusive 18+ content available on its platforms. By removing the middlemen and dramatically reducing the payment processing fees, Nafty enables adult content creators to earn more and content consumers to pay less. Token holders will make a passive income from transaction fees charged across the Nafty ecosystem. They can also use it for tipping the adult creators, buying NFTs, and paying for subscriptions to Nafty.tv.
YNOT: Is the future of the adult entertainment industry with blockchain? And, if so, why?
Dillon: Yes, it is; there are too many benefits to switch to blockchain that cannot be ignored. A few are no chargebacks, content creators receive their money instantly, NFTs offer copyright protection and anonymity, and no more bans of accounts.
YNOT: Can you describe how Nafty broke into the NFT marketplace and what you expect for the next six months, full year, and five-year plans? What platforms are you currently developing, and when are they expected to release?
Dillon: Nafty broke into the NFT marketplace with NaftyArt.com. In the next six months, we plan to have hundreds of content creators from the adult industry selling their NFT’s on our platform. We are developing all platforms from the ecosystem.
YNOT: How does one purchase Nafty Tokens?
Dillon: You can purchase Nafty tokens through CEX and DEX. If you want to use fiat, you need to go through BitMart.