Isn’t it great today that anyone can invest in anything these days, even in porn if we want to? Technically yes, but sometimes, no, it’s you who can get fucked over. Porn NFT’s are the latest kind of investments to come under the hammer and into the public eye. Today’s story for you is about porn stars, investors, and NFT potential for gain, or loss.
An NFT is a unique digital investment. To be classified as an NFT, the investment to be something that is completely original, a one-off kind of asset that you can invest in. This could be for example, a piece of digital art, some digital music, or an exclusive piece of computer technology. Among that little lot, NFT’s are most well known for the 2020s version of fine art collection. You can invest in a piece of art by a digital artist. This is often usually paid for by buying tokens with cryptocurrency. For that, you get nothing concrete like a Van Gogh you can hang on your wall, but you do get a piece of digital art.
A good example is this video by Grimes, which sold for $388,000. You can watch it yourself, you might even be able to download it and store it on your computer. But you are not the owner. The owner is the bloke that paid $388k. In the future, this piece of art may be worth millions. Or it may not. Take a look at the hot choice for current NFT investments here.
NFT is a new term and stands for Non-Fungible Token. Fungible means something that can be exchanged for another thing that is exactly the same. Non-Fungible therefore means unique. Often the guys that sell the art/music/porn to potential investors, create specific kinds of tokens so you can purchase their offering. These are paid for with standard and widely recognised cryptocurrencies.
We all know that people love porn. Even since the world has been going through unprecedented changes, as has been the case with the recent pandemic, people’s need for porn remains stable or increases. In 2020, data showed that erotic websites had more traffic than Twitter, Netflix, Zoom, Instagram, Pinterest and Linkedln combined. The adult industry is therefore also potentially very interesting and lucrative in terms of private investment opportunity. That is, if you don’t get scammed.
Porn stars are the latest to get involved with NFT projects. French company RarePorn are creating an online porn portal with hardcore digital adult offerings. Payments are in PKN (Porn Tokens) and paid for in cryptocurrency. Investors also get additional benefits, such as being able to procure the used knickers of the porn stars appearing in the online content, and exclusive videos.
Lana Rhoades is an American porn star, with a whole series of hot porn films, glamour modelling and even adult awards under her belt. At the tender age of 25, Lana is extremely well known, has huge amounts of fans and so, she decided to get involved with NFTs.
Porn star Lana, who is also a social media influencer, offered this new and exciting investment to her fans. To raise the necessary funding for this long- term adult project, she asked fans to invest $1.5 million dollars. The main thrust of this investment was the creation a series of sexy digital cartoon art representations of herself in different costumes. She vowed to her loving fans that she would work super hard to make this “investment” work, so that investors could get not only a return for their invested cryptomoney, but a profit too. We have to say, with those lovely blue eyes she has, Lana was pretty convincing. However, that isn’t how NFT’s work, remember? You buy artwork and become the owner. This wasn’t made entirely clear though.
One of the potential reasons that Lana’s fans might have wanted to invest, was the promise of, amongst many other things, an exclusive community who could speak with Lana herself. Anyway, to cut a long story short, Lana’s fans keenly put up the $1.5 million that she asked for, within a very short period of time.
The hot news now is that this was apparently Lana Rhoade’s porn star “scam”. Lana totally refutes it was a scam and is said to be pretty upset. Poor Lana. This is what happened. In less than a week following the investment, the value of Lana’s adult cartoon art collection sank by around 90%. Obviously, this caused some concern for her investors, who started to express concern and ask questions on her social media pages. Lana responded by getting very upset, saying that people were being rude and disrespectful on her chats (not private chats in her exclusive community- those never happened). We mean chats on Twitter and Insta, where she raised her NFT funding in the first place.
One investor was so excited before the launch, that he had one of the caricatures of the cartoon Lana tattooed on his arm before the project went live. Another said he had invested $4000 and now had no job and a baby to feed. But Lana stood her ground and told people to stop bickering. How unfair, how rude of people to make accusations! It wasn’t a scam. It wasn’t her fault. It was just unfortunate. No, she wouldn’t pay the money back, she has her own baby to feed and also needed to pay the developers. In fact, Lana got so upset, that she has deleted her Twitter account and is doing that silent huff thing.
Since, then more evidence has come to light, that within 24 hours of the $1.5 million investment being raised, the investors’ money was cashed in and distributed among the perpetrators of the scam.
People have asked if Lana will be arrested, or what will happen next? For the moment, we don’t know and Lara remains silent. We aren’t saying that any kind of digital porn investment is a scam. Some might be a fucking good investment. But on others, it may well be you that gets fucked. But hey, at least it may be by a big name porn star like Lana Rhoades. It’s at least some kind of claim to fame….
