CoinDesk Publishes Crypto Guide for Sex Workers

CoinDesk Publishes Crypto Guide for Sex Workers

LOS ANGELES — Leading crypto news site CoinDesk has published a guide for adult creators and sex workers on how to use technologies like crypto, non-fungible tokens and decentralized finance to get paid for their content and services.

The guide, one of CoinDesk’s “Crypto Explainer+” articles, was penned by Megan DeMatteo and ran as part of the site’s “Sin Week” series.

“One could argue that crypto is simply a rational option in an industry that regularly faces police raids, censorship and blacklisting from legacy payment processors,” DeMatteo noted.

The article features cryptocurrency sector companies and initiatives such as NFTreats, Playboy NFTs and Spankchain. 

“The existence of an adult creator on these platforms is very precarious,” NFTreats’ Ernest told CoinDesk, citing abrupt changes in terms and conditions, withholding of payments and pressure from “Christian fundamentalists or politicians.”

For those in the sex work industry, DeMatteo noted, “the philosophy of decentralization goes beyond porn. Due to stigma, those who work in adult entertainment or sex work often turn to grassroots organizing to meet their needs. For example, the mutual aid organization Red Canary Song distributes food and medical care to Asian American sex workers, and the advocacy coalition DecrimNY works to destigmatize, decriminalize and decarcerate those who perform sexual labor, whether by choice, circumstance or coercion.”

To read “How to Pay for Porn With Crypto,” visit CoinDesk.

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