Civitai Adopts Crypto Payments After Credit Card Processor Ban
- Civitai now accepts crypto payments for Buzz tokens after losing credit card support due to AI-generated NSFW content.
- Supported cryptocurrencies include USDC, USDT, Ethereum, Dogecoin, and others; Bitcoin is excluded due to high fees.
- The platform charges a $1 flat fee for crypto purchases, lower than traditional processing costs.
- Transactions are processed through NowPayments and support most Ethereum-compatible wallets.
- Civitai’s user base is approximately 3.2 million.
Civitai introduced cryptocurrency payments for its Buzz tokens following the termination of its credit card processor over AI-generated explicit content. The platform supports various cryptocurrencies but excludes Bitcoin due to high transaction fees.
Source (2.6)https://decrypt.co/322197/civitai-crypto-credit-card-processor-ban-ai-explicit-content?rand=52368
