Brief
- Civitai now accepts crypto payments for its buzz tokens after its credit card processor has abandoned the support on the NSFW content generated by AI-AI.
- Supported parts include USDC, USDT, Ethereum, Dogecoin and others – although Bitcoin is excluded due to high costs.
- This decision highlights increasing financial pressure on NSFW and IA platforms, echoing the trends observed in the adult content industry.
CIVITAI, the largest global benchmark for generative AI models, introduced cryptographic payments this month after losing its credit card processor on explicit content generated by AI, offering a support to buy the buzz-virtual tokens and not web3 of the platform.
The AI model sharing site now accepts USDC, USDT, Litecoin, Ethereum, Tron, Solana, Dogecoin and Shiba Inu via the Nowpayments payment processor. Bitcoin has been excluded due to high transaction costs.
“We are delighted to introduce crypto payments for buzz. published May 22.
The platform recommends USDC on the basic network, which does not charge any gas costs and does not deal with transactions in 15-25 seconds. However, any cryptographic transaction is valid and does not need to be carried out via Coinbase.
Users can make transactions in a few minutes, the buzz usually available immediately after the blockchain confirmation. The system supports most Ethereum compatible portfolios, although Civitai recommends Coinbase for simplicity.
CIVITAI invoices flat -rate costs of $ 1 for cryptography purchases, significantly lower than traditional payments processing costs.
“We use a secure processor to manage crypto payments, and your wallet information is never stored on Civitai servers,” said the company.
The deployment of the crypto intervened after the Civitai credit card processor dismissed the service on May 23.
“The recent policies’ updates were insufficient to satisfy the old processor,” said the company, adding that they are continuing negotiations with new credit card providers ready to work with NSFW content according to specific directives.
Pressures abound
This is not the first time that payment processors have been reaching an NSFW company.
Civitai joins an increasing list of adult entertainment companies that have adopted the crypto to get around the payment processor restrictions. The change reflects systemic challenges faced by NSFW platforms with traditional financial services.
Pornhub is probably the most popular case of crypto adoption in the adult industry – and that happened After losing the visa and mastercard support In December 2020. The platform now accepted mainly Bitcoin for premium services with 29 other options available via the Crypto Aylo payment processor.
However, Livejasmin began to accept Bitcoin In 2015becoming one of the first major adult sites to kiss crypto. The webcam platform cited Bitcoin’s “anonymous anonymous nature” as attractive for confidentiality-oriented users, according to press releases of the time.
Spankchain launched Spankpay, a processor dedicated to cryptocurrency payments for adult content suppliers.
The blockchain-based platform used to offer low-end transactions is specially designed to treat traditional financing restrictions facing the adult industry.
However, also due to regulatory pressures, the team has moved its development From the construction of plea products and strategic collaborations last week.
Payment processors frequently restrict NSFW companies due to regulatory pressures and reputation concerns.
The consumer suppliers like Paypal, Stripe and Square generally prohibit adult content, while Visa and Mastercard allow member banks to refuse such a company, often labeling the company as “high risk. “”
And this is also the case for AI content.
“Certain payment companies label the generative-a high-risk platforms, especially when we allow mature content generated by users, even when it is legal and moderate,” said Civitai in a previous blog. “This choice of policy, nothing of users, forced the cut.”
The 3.2 million Civitai users can now buy buzz using crypto while the platform is looking for new credit card processors.
The company has recently implemented stricter content policies, prohibiting the content of the real resemblance to comply with the United States Be up to and the European Union law.
The law on care, signed this month, makes the publication of non-consensual intimate images liable to three years in prison. The law obliges platforms to delete this content within 48 hours of notification.
“We are now faced with an increasingly strict – one rapidly evolving in several countries”, Civitai wrote By explaining its content policy changes.
The platform has removed celebrity buttocks, fan-art representations and other types of folds to maintain compliance with new legislation.
Reactions to the adoption of crypto as the company’s savior have been mixed, some users praise movement while others are skeptical.
Some users have turned to archiving content via communities such as R / Civitaiarchives and alternative platforms. The majority of the user base remains faithful so far.
Edited by Sebastian Sinclair
Generally intelligent Bulletin
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