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Date: September 8, 2024

In a recent turn of events, the growth head of Ethena Labs, Seraphim, has been reported to have claimed that he was a co-founder of OnlyFans, only to later clarify that the statement was a joke. The clarification came from Foresight News, which highlighted the playful nature of Seraphim’s comments and the growing trend of crypto executives making tongue-in-cheek revelations about their involvement in well-known projects.

According to Foresight News, Seraphim posted on social media, stating, I am a co-founder of OnlyFans. I have never publicly spoken about this, and as far as I know, no one else has either. But it’s true. Before Leonid Radvinsky, I was already working on building OnlyFans. When he told me he thought he was the most suitable person to do this, I agreed. His unique skill set—a visionary with a deep understanding of webcams and a passion for empowering adult creators—made him the perfect candidate for this task. He is a true builder.

Seraphim went on to describe the early stages of OnlyFans, where development was slow, and he would sometimes create fake model profiles to generate more interest and motivate the community. He admitted to lying about his involvement when questioned by Radvinsky, who later became a significant shareholder in the company. The post concluded with Seraphim’s departure from the company in March 2019 and a hint that he might share more details in the future.

However, Foresight News quickly debunked Seraphim’s claim, stating that the statement was actually a joke. The news outlet pointed out that there has been a recent trend on social media platforms like X (formerly Twitter) where crypto executives have been making humorous or self-deprecating confessions about their roles in founding well-known projects. Seraphim’s post followed a similar pattern, including the phrase I have never publicly spoken about this, which is a common template used in these jests.

The trend of such玩笑 (jokes) in the crypto community has raised some eyebrows, with many questioning the intentions behind these revelations. Some speculate that these executives are using humor to deflect attention from their actual contributions, while others believe it is a way to build a rapport with the community by showing a lighter side of their personalities.

OnlyFans, a popular adult content platform, has been a subject of significant interest and speculation since its inception. The platform has revolutionized the adult entertainment industry by providing creators with a way to monetize their content directly, cutting out traditional middlemen. With its unique business model and rapid growth, it has become a household name in the digital content space.

Seraphim’s joke comes at a time when the crypto industry is experiencing a surge in attention, with new projects and innovations constantly emerging. The industry is known for its volatility and the intense competition among various platforms and projects. In such an environment, humor can serve as a coping mechanism and a way to connect with peers and the broader community.

Despite the clarification that Seraphim’s claim was a joke, the incident highlights the importance of verifying information in the fast-paced world of cryptocurrency and tech. With the rapid spread of information on social media, it is crucial for both consumers and industry professionals to exercise caution and critical thinking before accepting any claims at face value.

In conclusion, Seraphim’s tongue-in-cheek comment about being a co-founder of OnlyFans serves as a reminder of the playful and often irreverent nature of the crypto community. While the joke may have been intended as a light-hearted aside, it also underscores the need for due diligence in an industry where information can quickly become misinformation.


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