CDS Startups MintStars Raises $600k to Launch Sex-Positive Platform
Startups

MintStars Raises $600k to Launch Sex-Positive Platform

In order to support creators, Mintstars has launched a sex-positive platform. It has raised $600k from Polygon and Spankchain.

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MintStars Raises $600k to Launch Sex-Positive Platform

MintStars has created the first sex-positive NFT subscription platform in the world to address the issues in the creator economy.

MintStars Raises $600k to Launch Sex-Positive Platform

Despite the fact that the creator economy is developing, creators on websites like OnlyFans frequently face problems, including exorbitant fees, burnout, piracy, and censorship. LGBTQ+ creators and sex workers frequently encounter discrimination. A bank account or payment app has been lost by over two-thirds of adult creators.

Using cryptocurrency-based payments to shield creators from financial exclusion and enabling them to make money from fans reselling their content, MintStars offers a more inclusive option with reduced expenses.

You can also check this video on the subject: https://www.youtube.com/watch?v=tMw_oIPGnNU

Jessica Van Meir’s Statements

Jessica Van Meir, the co-founder, is a Ph.D. candidate at the Harvard Kennedy School of Government who studies the rights of sex workers. She formerly worked for a feminist law company that assisted victims of sex trafficking and revenge porn. Van Meir discovered via her work that online sex workers have challenges such as deplatforming on social media, having their photographs stolen, and facing financial discrimination from banks and payment processors.

Sex workers should have the same access to the internet as everyone else, without having to pay extortionate fees due to payment processors discriminating against them. We built MintStars for all creators who make a living off their bodies, be they models, sex workers, or dancers, because we believe in consent and bodily autonomy.

Jessica Van Meir

What is MintStars?

With the platform, content creators can monetize their work through marketplace sales and subscriptions, and fans can make money by promoting their favorite creators. In exchange for royalties going back to the original creator, fans can gather and resell exclusive content to other fans on the MintStars marketplace.

The platform charges fans a five percent fee while charging creators nothing, in contrast to other content subscription services. Creators are safeguarded from financial discrimination, chargebacks, and delayed payouts because of the platform’s use of USDC, a stablecoin that is pegged to the dollar.

People associate NFTs with gatekept communities and outrageously expensive cartoon jpegs. We’re taking the same technology and giving it purpose to solve the real problems creators face, without requiring any crypto knowledge to use the platform.

Daniel Sargent, Co-Founder And CEO
Sources:MintStars
Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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