Written by Greg Lewis
OnlyFans is getting out of the pornography business.
Although Sex workers have contributed massively to the OnlyFans platform, starting in October, the company is prohibiting creators from posting material with sexually explicit content.
It was reported that sex workers will still be able to post nude photos and videos, provided they’re consistent with OnlyFans’ policy, the company said Thursday.
Social media services exploded in popularity during the course of the pandemic. Sex workers, musicians and online influencers used it to charge fans for exclusive access to different photos, videos and other material. Since then, OnlyFans has attracted more than 130 million users.
Apparently, all of the popularity surrounded around sex workers created additional scrutiny as well. This has caused OnlyFans to start positioning itself more as a forum for musicians, fitness instructors and chefs than sex workers.
The company revealed that this change is needed because of the extensive amount of pressure from banking partners and payment providers. Allegedly, the company is trying to raise money from outside investors at a estimate of more than $1 billion.
“In order to ensure the long-term sustainability of our platform, and continue to host an inclusive community of creators and fans, we must evolve our content guidelines,” OnlyFans said.
Leonid Radvinsky is the owner of OnlyFans and the company is ran by Tim Stokely, the comapnies founder.
OnlyFans has been prasied for giving sex workers a safe environment to do their daily job. However, sex work still has a social stigma. The company has profited more than $2 billion in sales just last year and currently on track to generate more than double that this year with set changes.
Only Fans released a statement confirming that it will provide more guidance on its new policy at a later date.
Of course this news disappointed a few OnlyFans users who’ve come to rely on OnlyFans being a primary source of income.
According to Bloomberg, Silfy, a 30-year-old from Dallas who declined to provide her real name, began posting to OnlyFans a few years ago and relies on the site to pay her bills.
Silfy made comments concerning how the company is shifting its focus away from sex work and more toward other types of online creators, aping a similar move at the company Patreon.
“If you look at all the promos, they don’t promote us at all,” Silfy said. “I noticed a huge drop in them promoting people who did sex work.”