Finance & Business

Sharesome Parent Company acquires Nafty

Flame Technologies AG, Switzerland, the company behind the world’s largest sex-positive social media platform Sharesome has announced that it has acquired all assets of the Nafty ecosystem, one of the most recognized Web3 projects for adult content creators, for an undisclosed sum. Flame Technologies and the Nafty team will together pursue their common vision of bringing social media and decentralized finance (DeFi) together.
The Nafty Web3 ecosystem includes a blockchain-based payment solutions API, an NFT marketplace, a content subscription platform, and a crypto-based fanclub.
In the past years, the adult industry saw a power shift from studios and tube sites to independent content creators on social media. But it is increasingly difficult for them to promote NSFW products there. That’s why Flame Technologies developed the social discovery platform Sharesome for content creators where they can advertise their pay sites like OnlyFans.

Sharesome, the only sex-positive social media site, has almost 2M monthly active users and 400M posts viewed every month. Users spend an average of 8 minutes on the site. Sharesome already has a Web3 layer in the form of Flame Token, a blockchain-based token compatible with the ERC-20 standard of the Ethereum blockchain.

To be used on Sharesome, Flame Tokens must be exchanged into Flame Credits. Flame Credits are used as a value transfer mechanism on the platform. Right now, Flame Credits are used for tips and other digital services. Advertising on Sharesome is only paid with Flame Credits.

Flame Technologies’ strategy is to build the utility before the token is listed on an exchange. “A token without a use case has no value. This is why we first created the utility on Sharesome and haven’t listed on exchanges. Although we feel that now would be the right time to do this.”, said Flame Tech Founder & CEO Robert Knapp.

Flame Technologies aims to fully integrate the Nafty NFT marketplace into Sharesome by offering collectible avatars to the entire Sharesome user base. Sharesome would be the third social media network with NFT avatars, after Twitter and Reddit launched NFT-based avatars this year. The team also plans to integrate Nafty’s content subscription platform into Sharesome’s already existing Pro subscription.

Flame Technologies will also announce an exchange program that will allow Nafty Token holders to exchange their tokens for Flame Tokens.
At the heart of Sharesome’s SocialFi strategy are adult content creators, influencers and participants who want better control over their content and the ability to monetize their social media following and engagement.

“I believe that joining Flame Technologies is the best thing that could have happened to Nafty. Sharesome has the necessary traffic to breathe life into Nafty’s platforms. The team of Flame Technologies has shown, time and again, that they care about their users and will do the best for them.”, says Georgi Dimitrov from Nafty International.

“I am super happy that Nafty joined the Flame Family. The acquisition fits 100% into our strategy of gradually adding more Web3 tech on top of Sharesome, our flagship product with almost 2M monthly users. We believe that Social Finance is the solution to a lot of problems that we aim to solve. We’re trying to bring social media to the adult industry, and crypto to social media. With Nafty’s Web3 tech, we just became faster.”, says Robert Knapp, Founder and CEO of Flame Technologies AG.

Finance & Business

BCAMS Magazine, the 22th issue!

The independent livecam industry resource for news and tips & tricks for cam models and camsites.

Welcome to June issue, where we explore the transformative impact of technology and cultural shifts across various industries. This edition features four captivating chapters that highlight significant developments in Tech & IT, Self-Care & Sexual Wellness, Finance & Business, and Beauty & Lifestyle.

In the Tech & IT section, we delve into the innovative ways Virtual Reality (VR) and Artificial Intelligence (AI) are reshaping industries. Cryos International is pioneering the use of VR in sperm donation to enhance donor experiences and improve sample quality. Meanwhile, a study using AI reveals key factors in problematic pornography use, providing valuable insights for prevention and treatment. These technological advancements underscore the profound impact of VR and AI in addressing complex issues and improving user experiences.

Our Self-Care & Sexual Wellness chapter pays tribute to historical and contemporary figures fighting for equality and protection of marginalized communities. We revisit Josephine Butler’s courageous campaign against invasive laws targeting women in the 19th century, highlighting her lasting impact on gender equality. Simultaneously, we spotlight the rising threats faced by LGBTQ+ librarians amid escalating book bans and physical attacks, emphasizing the ongoing struggle for safe and inclusive spaces.

In the Finance & Business section, we explore the burgeoning adult gaming industry and the launch of Go.Cam, an open-source age verification system. The adult games market, featuring insights from experts at Nutaku, Erolabs, Anduo Games, and Texic, is ripe with potential and creativity despite challenges like high production costs and demand. Go.Cam addresses concerns over minors’ exposure to sexual content by offering a secure, privacy-respecting age verification solution, setting a new standard in online safety.

Our Beauty & Lifestyle chapter examines the vibrant resurgence of Y2K fashion and delves into the often misunderstood world of foot fetishes. Y2K fashion is making a comeback, now with a focus on body inclusivity, challenging outdated beauty standards. Additionally, we explore the allure of foot fetishes, emphasizing the importance of consent and mutual enjoyment in sexual desires, helping to demystify this common preference.

Through these articles, we aim to provide a comprehensive understanding of how technology and cultural shifts are redefining various sectors. We hope these insights inspire a deeper appreciation for innovation, inclusivity, and the ever-evolving landscape of human expression.

Read the full magazine here

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Romanian Corner

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