“Raising money for a business like this from non-crypto VCs is very difficult,” says Oh founder and CEO Nic Young, who positions the startup as a “decentralised platform” and offers payments via crypto. “A lot of crypto VCs don’t have vice clauses — it’s more liberal and free.”
Meet the AI OnlyFans: How one startup raised millions to build an ‘erotic companions’ platform | Kai Nicol-Schwarz
Meet the AI OnlyFans: How one startup raised millions to build an ‘erotic companions’ platform --- When AI erotic companion startup Oh raised a $4.5m funding round in January, it had something few in the shadowy new sector could boast. A roster of named investors, publicly backing the company. VCs are often bound by “vice clauses”, which prohibit firms from investing in controversial products like pornography or weapons. As a result, startups working on ethically contentious products often rely on angel investors and family offices to stay afloat. But Oh, which generates NSFW adult content and conversations with both fictional characters as well as bots based on real people, has tapped into a group of seemingly less squeamish investors: crypto VCs. It’s drawn backing from the likes of Tangent, Kosmos Ventures, Big Brain Holdings, Bodhi Ventures and Tagus Capital. “Raising money for a business like this from non-crypto VCs is very difficult,” says Oh founder and CEO Nic Young, who positions the startup as a “decentralised platform” and offers payments via crypto. “A lot of crypto VCs don’t have vice clauses — it’s more liberal and free.” Oh wants to use those fresh funds to build the “AI OnlyFans”, with plans to roll out autonomous scantily clad bots that can market themselves on social media and direct message users with spicy conversation starters. The biggest challenge? Convincing enough users it’s not that weird turning to AI when you’re looking for romance. https://lnkd.in/eRF7a5Dn
Pocketstars: The creator site where payments don’t always happen
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MintStars
London, UK, 10th May 2023 - To tackle the challenges in the creator economy, MintStars has developed the world's first sex-positive NFT subscription platform. While the creator economy is booming, creators on platforms like OnlyFans often struggle with high fees, burnout, piracy, and censorship. Sex workers and LGBTQ+ creators face widespread discrimination; almost 2/3 of adult creators have lost a bank account or payment app. MintStars provides a more inclusive alternative with lower fees, using crypto-based payments to protect creators from financial exclusion and enabling creators to earn money from fans reselling their content.

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Vylit Raises $2.7 Million In Funding Led By Windmill Chain Fund With Investors Manifest Financial And Aaron Day
Vylit, a new AI-powered platform for the adult-friendly creator economy, has raised $2.7 million in funding led by Windmill Chain Fund, with participation from angel investors including Manifest Financial and Aaron Day, CEO and founder of Amaze. Founded by former OnlyFans CEO Amrapali (Ami) Gan and Kailey Magder, Vylit aims to make monetization more accessible for emerging creators by combining the discoverability of platforms like Instagram or TikTok with the creator tools of OnlyFans. The web-based platform, set to launch in December 2025, will allow adult-oriented but non-explicit content and use AI image generation to help creators engage with and grow their audiences. INVESTORS: Windmill Chain Fund, Manifest Financial & Aaron Day AMOUNT: $2,700,000 HQ: #NewYork #NY #NewYorkCity #NYC #VentureCapital #Vylit #AmrapaliAmiGan #KaileyMagder #WindmillChainFund #ManifestFinancial #AaronDay#TradedVC

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