Crypto Powers 'Twerk From Home': Revolutionizing Entertainment and Empowering Dancers
A new initiative, Twerk From Home (TFH), aims to professionalize exotic dancing, leveraging cryptocurrency to address industry challenges. Co-founder Joe Mahavuthivanij envisions TFH as a platform that includes webcam-based "twerk-offs" with a $10,000 grand prize.
Crypto is integral to TFH's model: viewers purchase "gifts" for dancers with crypto, with 100% of proceeds going directly to performers. The platform also allows crypto betting on tournament outcomes via Bet105 and offers dancers payment in cryptocurrency. This combats "debanking," a significant issue for exotic dancers.
Mahavuthivanij compares TFH's legitimacy goals to the UFC's. While initially reliant on audience voting, TFH plans to incorporate expert commentary to enhance objectivity and appreciation of skill. The initiative seeks to combat social stigma and financial exclusion, showcasing crypto's potential for economic empowerment in marginalized communities.