OnlyFans, the subscriber-only website famous for sexually explicit content, just announced it will ban porn from 1 October. The site proved a lifeline for many sex workers during the pandemic, allowing them to earn an income during lockdowns and COVID-19 restrictions.
Scroll down for more explicit Jakipz and a link
OnlyFans launched in 2016 as a platform for performers to offer their followers content in return for a monthly fee. After Ukranian-American porn mogul bought into the business in 2018, the site became a go-to spot for sexually explicit content.
Creators like Canada’s Jake Andrich (pictured above) became internet sensations, some making millions in the process. Actress Bella Thorne famously earned over US$1 Million in her first 24 hours on the site. Rapper Tyga reputedly turned a US$7.9 million profit on a dick pic. That’s just short of a million an inch if you’re reading for the math.
According to a pitch made by OnlyFans to investors earlier this year, the site paid out US$3.2 billion to creators since inception. More than 300 of the creators on the site earn at least US$1 million annually. Around 16,000 earn at least US$50,000 a year.
OnlyFans itself, which keeps 20% of the creator’s earnings, enjoyed a net revenue of US$1.2 billion in 2021, up from US$375 million in 2020.
Who wants to join me?
Like & retweet for a suprise gift in your DM’s 😉👅.
— Jake Andrich / Jakipz™ (@jakipz) November 21, 2019
OnlyFans said it would ban sexually explicit content “to comply with the requests of our banking partners and payout providers.”
Payment providers increasingly hesitate to do business with adult sites and investors are also often shy to put their money into porn sites. With OnlyFans looking to raise money with a US$1 billion valuation, it needs to reassure investors who worry about the alleged presence of underage content on the site. There have also been issues of people posting revenge porn, stolen content or clips containing images of people without their consent.
The ridiculousness of a site based on porn banning porn was not lost on the Twitterverse.
Black Lives Still Matter said, “In solidarity with OnlyFans, Drag Race will be banning drag.”
In solidarity with OnlyFans Drag Race will be banning drag.
— Black Lives Still Matter (@thatonequeen) August 20, 2021
Hasanabi summed up the frustration of sex workers responsible for the platform’s success but now abandoned by it.
“Everyone loves sex work but dehumanises the people who make it.”
visa & mastercard buckling to evangelical psychos & successfully pressuring onlyfans to limit the sex work on their platforms is awful but expected. caving to that demand when sex work built your platform is a betrayal. everyone loves sex work but dehuminazes the ppl who make it
— hasanabi (@hasanthehun) August 20, 2021
For the latest lesbian, gay, bisexual, transgender, intersex and queer (LGBTIQ) news in Australia, visit qnews.com.au. Check out our latest magazines or find us on Facebook, Twitter, Instagram and YouTube.