Analysts, Social Media Forecast Doom As OnlyFans Bans Adult Content
Some social media users and analysts have forecast doom for subscription-based social media platform OnlyFans. This comes after the platform dropped a bombshell announcement that it is now banning adult content. The move is a drastic turnaround for OnlyFans which made its name by providing adult-oriented content.
In a statement, the platform which has more than 130 million users worldwide said it is banning “sexually explicit conduct” to protect its partnerships with banks and payment providers. However, the platform will still allow content creators to post explicit photos and videos.
In a statement, the platform said
Effective 1 October 2021, OnlyFans will prohibit the posting of any content containing sexually explicit conduct. In order to ensure the long-term sustainability of the platform, and to continue to host an inclusive community of creators and fans, we must evolve our content guidelines. Creators will continue to be allowed to post content containing nudity as long as it is consistent with our Acceptable Use Policy. These changes are to comply with the requests of our banking partners and payout providers. We will be sharing more details in the coming days, and we will actively support and guide our creators through this change in content guidelines.
The London-based platform was formed in 2016. It says it has paid out more than $5 billion to content creators worldwide. According to its terms, the company keeps 20% of revenue generated by its 2 million-plus creators. OnlyFans allows content creators to post content and receive payment directly from their followers, or “fans” via subscriptions or one-off tips. Unlike most other social media platforms, OnlyFans has lax policies about the content which is allowed. Content creators can post racy revealing photos and even full-on explicit images and videos.
Following the announcement of the ban on adult content, some people opined that the company was shooting itself in the foot, as it is known for providing adult content. Some suggested that the platform which is very popular with sex workers my collapse in the next few months. They suggested that OnlyFns will likely collapse in the same way that Tumblr did.
Below are some of the reactions from social media
never forget how Tumblr fumbled, we saw this before https://t.co/XZrdSVWuYF
— Koshiek Karan (@iamkoshiek) August 19, 2021
Their dumb move is now someone else’s opportunity.
Whoever moves the fastest will scoop up the talent, give them a new home, become the new Only Fans, and make a fortune.
— PsΞudonyMaus (@pseudonymaus) August 19, 2021
OnlyFans throwing sex workers under the bus is just egregiously gross https://t.co/YSq9siWQPF
— The Mountain Goats (@mountain_goats) August 19, 2021
I heard the X Games are following OnlyFans example and will be banning all extreme sports from the competition
— Dave Rapoza (@DaveRapoza) August 19, 2021
the makers of vine, onlyfans, and tumblr discussing business strategy pic.twitter.com/aQ1UYJ5oay
— nick (@falco) August 19, 2021
While other people are forecasting doom for OnlyFans, others are celebrating the announcement. Some people have taken to social media to celebrate the fact that sex workers will now be forced to find “real jobs” after their cash cow was killed.
OnlyFans moderators trying to block explicit content pic.twitter.com/uQWM23GjN7
— Saint Hoax (@SaintHoax) August 19, 2021
onlyfans… baby y’all done fucked up… not yall banning explicit content when that LITERALLY built your entire site
— Manny MUA (@MannyMua733) August 19, 2021
Just a matter of time before OnlyFans investors pull out.
— Douglas A. Boneparth (@dougboneparth) August 19, 2021
OnlyFans new headquarters after October pic.twitter.com/hVu9617Qyu
— Kelly Mantle (@thekellymantle) August 19, 2021
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