Get in on the ground floor for OnlyFans on the blockchain

Mr. G
The DeFi Sewer
Published in
10 min readSep 16, 2022

Streaming is a $70B market, and growing. What if I told you that someone is about to a launch white labeled product, where subscription based access to content is blockchain secured and verified, and wallet-to-wallet messaging? What if I also told you that you could get in on the ground floor before more than a sliver of alpha has been dropped?

At this point, we don’t know a lot. What we do know I’ll lay out in the following. We also know that the developers behind these two technologies have a verified track-record of delivering high quality blockchain techs, on time, with continuous improvements on tech already delivered. We also know that they have scheduled release in October this year.

NB! Sadly the protocol behind this product had to close doors. Read more in my obituary. WalletGram that this article deals with is not necessarily dead, give me a follow to catch any breaking news on it’s rebirth.

copiousContent by Mr. 0xG made with DALL-E

Within the streaming bracket falls a whole slew of different streaming categories, pay-per-view, pay for access, free but with advertising — and more. OnlyFans was set to revolutionize the content production, where content producers could easily set a price and build up a following, with the platform taking a low 20% of the revenue. 20% is not that low. Well it is when compared to YouTube and others where the content producers only receive a fraction of the revenue, and don’t even retain ownership of their content (!!!). In many ways OnlyFans has in fact revolutionized content production, but at the same time OnlyFans is mostly known for one specific type of content production. You know what I’m talking about. And yes, I would say its quick evolution from a genre agnostic service, to a very specific type of content dominating, speaks volumes about human nature (hah… but that’s a whole different discussion/article).

With OnlyFans, and other web2 providers, there are a lot of layers and middlemen. There is also a paper trail, you know that credit card statement that says OnlyFans … $300. And sometimes you just don’t want that paper trail open to the world for anyone to see. Of course, the blockchain doesn’t offer the anonymity that seems to be the impression the general public has of it, it is after all one big ledger where every transaction ever made is recorded. What it does offer is an economy where once on-boarded, anyone can make their transactions without going through the Financial System 1.0.

One blockchain company is about to release a white labeled service where access to content is secured and verified by holding specific NFTs. Think of this NFT as the password unlocking the content. White labeled means that while the company will be utilizing the services within their other products, other companies/products/platforms can also make use of the technology, for a fee of course.

Imagine a space on the blockchain, or in the metaverse, where content producers can release their content without any administration regarding access beyond specifying which NFTs grant access to the content. The service manages the access and the hosting of content. They will retain full ownership of their content, and payments will be instant and direct, no greedy middlemen. No Web2 giant getting fat on the content produced by others, no content hungry public feeding that beast. There is just the purchase of NFTs which they, as the content producers, receive income from. The income can be subscription based (Q3 2022 NFTs for example), or event based (October Seminar 2022 / Valentines Day Late Night Show 2023), or even life-time access (Ultra Rare LifeTime VIP access to …). What kind of content that can be unlocked by holding an NFT is only limited by the imagination, be it in the vein of 99% of the OnlyFans content, or education, inspirational, concert/theatre venues, coaching, personal training — you name it!

If a content producer already has a web2 site with a large following, no problem! Simply integrate this new tech on site, with “password” NFTs customized to suit the business case, and boom — a whole new way to give access to premium content. On-boarding into cryptocurrencies gets easier by the day, and does not present the barrier to regular web2 companies that it once did. Couple those innovations with the potential of this white labeled service and the behemoths of web2 will have to reorient themselves, sooner rather than later.

For the subscriber, there is the security and anonymity offered by the blockchain — and as an NFT, there will even be a marketplace for the selling of access to a 3rd party. The content consuming public gains part ownership of their community, they gain agency. They can still choose to only passively consume the content, but they can also:

  • Increase the value of their access NFT by spreading the word about the content creator.
  • Building up the community itself as a place to be.
  • Use this in a more speculative fashion (flipping).
  • Or just as a way to say Yeah, I liked what I saw/heard/got-VR-immersed-in for a while, now I’ll let someone else get my access and I’ll take some of their tokens in exchange.

The NFTs that act as keys to content, can even be passive income vessels for both the subscriber and the content producer. Which brings me around to the company set to release walletgram (NFT as password/right of access) and OXchange (wallet to wallet messaging within DApps) in October 2022: Ooze Finance.

Ooze Finance released their token “Ooze” in June 2022, and has so far released one DApp utilizing Ooze. The DApp Ooze Finance is a passive income project, where a sacrificed deposit is tied to an NFT. This NFT yields 1% of its balance daily, that can be either compounded or claimed.

WalletGram will play an integral part of Oozelandia, but while I love the gamification of Ooze Finance, the retro art and the whole package, it might not be everyone’s cup-of-tea. WalletGram will have its own landing page, without any need to take part of the larger Ooze Finance ecosystem. You can find the teaser here: https://dapp.ooze.finance/walletgram

Within Oozelandia there are team structures in place, when minting an Ooze NFT, you choose a guru and you become that gurus disciple. Without digging too much into why I think Ooze Finance is one of the best DApps around, I’ll just point out how such a structure makes the introduction of walletgram and 0Xchange incredibly bullish. The wallet to wallet messaging, 0Xchange, makes teams much more attractive, and also eases the connecting between a new Oozebag and their guru (referrer). WalletGram opens up a whole new dimension to the game, both for the existing players and new investors who may or may not already be into crypto. Within the game the concept has been referred to as dojos, a space where a guru can share content directly and privately with the disciples. The Ooze Finance NFT is the ticket into this dojo, while still serving as a passive income vehicle.

The tokenomics of Ooze makes Ooze Finance as a daily ROI DApp very sustainable and robust (taxes, requirements and benefits of staking LPs, max balance on NFT tied to the deposit, and more). However, as with all business that thrive and grow, utility for their products is key. WalletGram and 0Xchange delivers a ton of utility. And not just utility within their own projects — in other words just new ways to spend money for those already playing — but utility outside of the DApp, even utility catering to the masses beyond the crypto crowd. It is vital to separate utility within a project (which is a good thing as well, obviously), and utility that can bring outside revenue from use outside of the project.

WalletGram and OXchange are white labeled technologies that will ensure a steady stream of revenue into the Ooze ecosystem.

The Ooze token currently trades at around $2.5, with a fully diluted market cap of $2.5M. The tokenomics of Ooze ensures that a lot of the supply will be locked up by smart contracts. How much do you think the OnlyFans of the blockchain is worth? And why stop at OnlyFans? WalletGram is so much more with the possibility to integrate on any web2 or 3 site with the security and anonymity offered by the blockchain. $2.5M seems a bit low, yeah? I’ll let you think up some numbers. I think Ooze is very cheap at the moment, all this tech is so far just a few leaks in the inner circle of the Ooze Telegram, with a few hints dropped on Twitter. So get in before the rest of the Alpha gets delivered with a resounding BOOM.

As mentioned we only have a few hints and the names of the services so far, exactly how the revenue model from WalletGram and 0XChange will be into Ooze, is not clear right now. But let me quote 0xMikey, one of the founders/developers of Ooze Finance: “[these services will cause] revenue being poured into ooze .. a lot of buy pressure monthly”. Stay tuned for further updates, I’ll either post a new article or update this one as more information becomes available!

**UPDATE** EXCLUSIVE ALPHA ON THE REVENUE MODEL **UPDATE**

The revenue model will be as follows:

  • 85% to content creator
  • 15% split as follows:
  • 5% buys Ooze that goes to contract
  • 6% to referer as passive income
  • 4% to devs

This incredibly bullish for Ooze Finance, and will usher in a whole new wave of investors and revenue!

The content producer receives their lions share, and — this is a vital “and” — retain ownership of their content, not just the copyright, but full-fledged ownership. Eat that YouTube. Once this ball gets rolling, the 5% buy of the Ooze token, with it’s limited supply will be a price driver into the Ooze Finance ecosystem that will be a real game changer. Currently you need a minimum of 10 Ooze to mint an Ooze Finance NFT for passive income, I can see a future where you will need just a fraction of an Ooze, or else it will just be too expensive for new minnows seeking to swim in that delicious Ooze.

Let’s not forget the referral bonus, a whooping 6% straight to your Ooze balance. Got some leads to major content producers? Get into Ooze straight away and get ready to bring them onboard, power your networking into a passive income that will set you free to do whatever your heart desires!

Last, but not least, a low 4% to the masterminds behind this — most other devs out there would fatten their own pockets by a LOT more than that (or worse, hide their grubby hands in smoke, mirrors and code), not to mention the royalties charged by the web2 giants.

I ‘m afraid I have neglected OXchange in this article. It is an extremely useful piece of technology for a wide range of DApps. While WalletGram offers a whole package, OXchange is a tool to use in existing products. It has a wide range of use cases, and I’m bullish on the implications for Ooze Finance, but the finer points will have to be the subject of a different article — stay tuned.

I hope I managed to convey how extremely bullish I am on these developments. If you agree with me, you may read on for some information on how to get into Ooze. If you are not interested in the shill, this is the end! (except for “notes” at the end, aka do you want to read more about Ooze?)

Ooze can be bought and held cold as with any other token, however, be aware that there is 10% sell tax (and a 10% buy tax, unless you purchase from the DApp or from SpookySwap, where the tax is 0%). Ooze can also be deposited into an NFT that gives you up to 365% ROI at 1% a day, you can also compound the daily 1% for up to 3600% APY.

If you want to check out Ooze as a passive income project, head over to https://dapp.ooze.finance, and enter the manhole. In the Manhole you can buy Ooze directly from the most popular chains! The DApp bridges and converts for you, it just doesn’t get any easier than that. If you are new to Fantom Network, make sure you tick that FTM for gas box.

With Ooze ready, go to the sewer to mint your NFT! Consider using @SlimeHive as your guru! SlimeHive offer max kickbacks, team-building assistance and other incentives for those contributing to the prosperity of Ooze! You also join the Slimebees and the largest grand monastery in Ooze.

NOTES

aka want to read more?

My journey towards passive income freedom

Some thoughts on current price trajectory for Ooze

Deep-dive into Slime, the LP token for Ooze Finance

Deep-dive into the Ooze Finance NFT

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Mr. G
The DeFi Sewer

Social anthropologist, robot-developer, blockchain enthusiast.