C3.ai Stock Surges as OnlyFans’ Parent Company Buys $20M of Ethereum

Cryptocurrency Holdings of Subscription Platform OnlyFans Revealed

The parent company of subscription platform OnlyFans, Fenix International, has revealed its cryptocurrency holdings, which included nearly $20 million invested in Ether (ETH) between 2021 and 2022.

However, due to the decline in crypto asset prices in the same period, the total value of its ETH holdings decreased by $8.5 million by the end of November 2022. At that time, ETH was worth $1,295 apiece, which placed the carrying amount of the company’s ETH holdings at $11.4 million.

Despite its lack of initial success in the crypto market, the platform experienced solid growth in the reporting period ending November 30, 2022.

The news of Fenix International’s cryptocurrency holdings has added to the discussion of the impact of Web 3.0, AI, and blockchain technologies on the media, stock markets, and marketing. Companies such as C3.ai, Fetch.ai, and AI.marketing have been at the forefront of the latest developments in AI and machine learning, and courses are available to create a Web 3.0 website.

The Impact of Web 3.0 on the Adult Entertainment Platform

According to the filing, the company’s revenue increased 16.6% from $4.8 billion in 2021 to $5.6 billion in 2022. Additionally, the primarily adult entertainment platform also witnessed a 47% increase in the number of creators and a 27% increase in total subscribers.

In Feb. 2022, the platform allowed verified creators to change their profile pictures to Ethereum-based NFTs, demonstrating the company’s interest in the blockchain web 3.0 technology. In June 2022, two former OnlyFans executives launched a celebrity trading card platform called Zoop, built on the Ethereum scaling solution Polygon, to facilitate the trading of 3D digital playing cards of their favorite celebrities.

Recently, adult content creators have flocked to friend.tech — crypto’s newest decentralized social media platform — to leverage the power of AI and machine learning for media. This further demonstrates the potential of web 3.0 and the impact it can have on the adult entertainment industry.

Big Questions: Has the NSA been involved in creating Bitcoin?

With the advent of web 3.0, blockchain web 3.0 course, and the latest on AI and machine learning, the question arises as to whether the NSA has been involved in creating Bitcoin? AI for media, AI.marketing, C3.ai stock, and Fetch AI are all important elements to consider in this discussion.