LOS ANGELES — NSFW.app reports that blockchain asset manager Alphabit has “confirmed the first phase of investment” in their adult crypto ecosystem.
“The decision to invest follows the appointment of Reuben Coppa to lead the organization in June 2021 and the process of restructuring he has undertaken to position NSFW.app as the broadcast platform of choice for independent content producers,” explained a rep.
Coppa, the founder of Intimate.io and a veteran of the blockchain development scene, has “acted to focus the proposition, engage with content creators and build out a team of experienced legal, financial and marketing experts to ensure the operating framework safeguard stakeholders interests and conforms with the body of legislation regulators have brought to bear on the sector,” the rep continued.
Liam Robertson, CEO of Alphabit stated, “This was a very simple decision for us. Vice tech is an incredible use case for crypto, and is going to power mainstream adoption. Given Reuben’s knowledge of blockchain technology and industry know-how, his arrival at NSFW.app immediately registered, and we are pleased to be able to secure an investment in what we believe will be the defining player in this multi-billion dollar sector and likely unicorn of the entertainment industry.”
“We particularly see the massive potential of this project to utilize additional blockchain networks and are committing funds to accelerate this development,” Robertson added.
Coppa stated that “our vision is to create a marketplace that brings together all content generators, whatever the genre, and give them the opportunity to charge what they see as fit and fair. The support of blue-chip funds such as Alphabit helps drive this vision and pays tribute to the team’s commitment to create a transparent eco-system.”
For more information, visit NSFW.app.
