 This talk is gonna be shorter and less technical than the rest of the talks that we've had so far, which I think is good because it's the end of the day and we are all tired, so hopefully this should be easier to follow and then we can all have drinks and discuss this together. Okay, and yes, well also I should say that one of the reason why this talk is shorter and less technical than the previous talks is also because everything that I'm going to talk about is future work. So actually there isn't that much to discuss because none of it has been designed yet, but hopefully you can tell us what you think about it before we even build it. So I'm sure by now you know everything about interplanetary consensus because we've had many talks about it. So it's like horizontal scaling. It has the potential to scale to millions of transactions per second using subnets. And what I'm going to talk about right now is well, what about its use case? What's the point of having millions of transactions per second if no one wants to transact, right? So let me start by giving some background and some motivation behind this project. So when COVID hits back in 2020, most of the sex work industry move to online platforms for abuse reason because of COVID and so not only because of COVID, but also the advantage of online sex work compared to like in-person sex work is like it's physical safety is improved and also it has proven to be like more lucrative for sex workers. There is one platform that's exploded in popularity during 2020 and following COVID and it's Onlyfans. There is more than one million content creators on Onlyfans. There are hundreds of millions of users and the platform generates billions of revenue. So, sorry. Okay, now although like most of the content creators or Onlyfans are from the adult industry, in 2021 Onlyfans announced that they will ban sexually explicit content from its platform. So as you can imagine, like it created a huge backlash because it's over a million people, lively routes that was at risk. So following like this whole backlash, they reverted their decision to ban them. However, sadly, like this type of behavior is nothing new for sex workers. They have been under constant threats of censorship from centralized platforms. For example, PayPal, Venmo, Visa, Buy Me a Coffee, all of this platform, they ban sex work. As I said, Onlyfans only like Sweden to do the same thing. So really like we have like over a million people that are living in precarity due to this centralized institution and that are at risk of having the whole live route like wipe out. So together with interplanetary consensus, we think that we actually have the opportunity to do something for those people that have been constantly let down by this centralized institution. So our proposal is to build a decentralized alternative to Onlyfans. And basically we want to help that population that we think is really in need of this type of platform. And we think that this is potentially one of the most useful use case in this industry. And actually we are not the only one too, we think so. Recently there has been a few articles that have been arguing for exactly what have been arguing like the need to really have this decentralized alternative to Onlyfans. So yeah, our proposal is to have decentralized Onlyfans where the content created by the content creator will be stored in a decentralized storage provider. Think about IPFS, Filecoin. So we also want to have the subscription that are paid directly on the blockchain and using cryptocurrency. So we don't have this issue of Visa and PayPal who decide to just like censor you and ban you and exclude you from this system. So yes, now let me give you like a very high level preliminary design. As I said, like we have not yet started working on this. This is our plan for next year. So this is like a very like general idea. But again, we would love to have some of your feedback on this. So remember we have the main chain, the root chain that is Filecoin and then with interplanetary consensus we have all these subnets. So the idea would be to have like specific smart contracts on the subnet. We want this to have on the subnet, not on the main chain because we want to have a lot of interaction, a lot of transaction. So we really need like the scalability. So basically each content creators will have like their like smart contracts. They will use Filecoin or maybe IPFS to store their contents. Then users could simply like subscribe and unsubscribe using like the smart contracts on the subnet. This is like an open question, but maybe we could have some type of content discovery also happening on the subnet. So again, the idea is like through the smart contract, basically the content creator when they want to publish new content they can simply give some type of like token to the users that can then use this token in order to retrieve the data on Filecoin or IPFS or wherever the content is stored. There are many open questions again that I'd like to invite you to think about and that we will for sure think about. So the first one is privacy preserving. Again, if we think about like a George industry being like the main like use case for this as they are the one who has the most in need for this then I think privacy is really important. So we could think of doing some like Zcash type of transaction on the blockchain in order to maintain the privacy of the users. Also like age verification is something important. So maybe this is something that we can do you know in a privacy way, privacy preserving way, decentralized way. For example, like there is some type of like decentralized identity that exists or like anonymous credentials. So that's also one avenue that we do like to explore. OnlyFans also allows a chat integration. There is actually this company OpenChat that does a chat on the ICP. So not IPC like the definitive blockchain. So also maybe this is something that we want to integrate with our system. And then I think that lastly one of the most important thing is a UI. We want the whole experience to be as smooth less and as easy as possible for everyone.