In short
- Civitai now accepts crypto payments for its buzz tokens after his credit card processor has dropped the support over NSFW content generated by AI.
- Supported coins include USDC, USDT, Ethereum, Dogecoin and others – although Bitcoin is excluded due to high costs.
- The move emphasizes the growing financial pressure on NSFW and AI platforms, some trends in the content industry for adults following the adult.
Civitai, the world’s greatest repository of generative AI models, introduced crypto payments this month after losing his credit card processor on AI-generated explicit content, which offers support to buy buzz-the virtual, non-web3 tokens of the platform.
The AI site for sharing models now accepts USDC, USDT, Litecoin, Ethereum, Tron, Solana, Dogecoin and Shiba Inu through payment processor Nowpayments. Bitcoin was excluded due to high transaction costs.
“We are pleased to introduce crypto payments for Buzz. This gives you a safe and useful way to get the buzz you need,” wrote Civitai in the implementation guide, published on May 22.
The platform recommends USDC on the basic network, which does not charge gas costs and processes transactions in 15-25 seconds. However, every crypto transaction is valid and does not have to be performed via Coinbase.
Users can complete transactions within a few minutes, with Buzz usually available immediately after blockchain confirmation. The system supports most Ethereum-compatible portfolios, although Civitai recommends Coinbase for simplicity.
Civitai charges a fixed fee of $ 1 for crypto purchases, considerably lower than traditional payment processing costs.
“We use a secure processor to handle crypto payments and your wallet info is never stored on the Civitai servers,” the company explained.
The Crypto deployment came after the Civitai credit card processor ended the service on 23 May.
“Recent policy updates were insufficient to satisfy the former processor,” the company stated, adding that they will continue to negotiate with new credit card providers who wanted to work with NSFW content under specific guidelines.
Printing in abundance
This is not the first time that payment processors have affected an NSFW company.
Civitai agrees with a growing schedule of entertainment companies for adults who have embraced crypto to circumvent the limitations of the payment processors. The shift reflects systemic challenges with which NSFW platforms are confronted with traditional financial services.
Pornhub is probably the most popular case of crypto adoption in the adult industry – and it happened After losing Visa and Mastercard support In December 2020, the platform now mainly accepts Bitcoin for Premium Services with 29 other options available via the Crypto Payments Processor Aylo.
Livejasmin, however, began to accept Bitcoin in 2015One of the first large adult sites will be embraced that crypto. The webcam platform called Bitcoin’s “decentralized, anonymous nature” as attractive for privacy users, according to press releases from that time.
Spankchain launched Spankpay, a special cryptocurrency payment processor for content providers for adults.
The blockchain-based platform that is used to offer low-fee transactions is specifically designed to tackle traditional financing restrictions that confronts the adult industry.
However, also because of the legal pressure, the team shifted his focus From building products to advocacy and strategic collaborations last week.
Payment processors often limit NSFW companies due to legal pressure and reputation problems.
Mainstream providers such as PayPal, Stripe and Square usually completely forbid the content of adults completely, while Visa and Mastercard enable banks to refuse such things, and often label the company as “high risk. “
And this is also the case for AI content.
“Some payment companies label generative-AI platforms a high risk, especially when we allow adult content generated by the user, even when it is legal and moderated,” Civitai said in a previous one Blog post. “That policy choice, not something that users did, forced the cutoff.”
The 3.2 million users of Civitai can now buy Buzz using crypto, while the platform is looking for new credit card processors.
The company has recently implemented stricter content policy, forbidding real parability to comply with the US Do the down act and ai act of the European Union.
The Take It Down Act, signed this month, makes publishing non-consensual intimate images punishable with a maximum of three years in prison. The law requires that platforms remove such content within 48 hours after notification.
“We are now confronted with an ever -strict always strict regulation landscape – one that quickly evolves in several countries,” Civitai written when explaining the content policy changes.
The platform removed famous deep fakes, fan-art images and other types of nodding to maintain compliance with new legislation.
Reactions to the approval of crypto if the company’s savior are mixed, with some users praise The movement while others are skeptical.
Some users have switched to archiving content through communities such as R/Civitiarchives and alternative platforms. The majority of the user base remains loyal so far.
Edited by Sebastian Sinclair
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