OnlyFans quits pornography.
Starting in October, the corporate banned creators from posting materials with sexually specific habits on its web site, which many intercourse employees use to promote specific content material to followers. They may even be allowed to put up nude photographs and movies, so long as they’re in step with OnlyFans coverage, the corporate stated Thursday.
The recognition of the social media service exploded through the pandemic as intercourse employees, musicians and on-line influencers used it to cost followers for unique entry to photographs, movies and different materials. OnlyFans has attracted greater than 130 million customers.
This recognition has additionally introduced with it further scrutiny, and OnlyFans stands extra as a discussion board for musicians, health instructors and cooks than intercourse employees. Whereas lots of its hottest creators publish movies of themselves partaking in sexual habits, many mainstream celebrities like Bella Thorne, Cardi B and Tyga have additionally created accounts.
The adjustments are essential due to rising strain from banking companions and cost suppliers, in response to the corporate. OnlyFans is attempting to boost cash from exterior traders at a valuation of greater than $ 1 billion ($ 1.4 billion).
“To make sure the long-term sustainability of our platform, and proceed to host an inclusive group of creators and followers, we have to evolve our content material pointers,” OnlyFans stated. The corporate is run by its founder, Tim Stokely, and owned by Leonid Radvinsky, an web entrepreneur.
The corporate has been praised for giving intercourse employees a safer place to do their work. However intercourse work nonetheless has a stigma. The corporate managed greater than $ 2 billion in gross sales final 12 months and is on monitor to generate greater than double that 12 months. Maintain 20 p.c of that determine.
OnlyFans stated it would present extra steering on its new coverage at a later date.