Growth Īmateur and professional sex workers were the "key drivers" of OnlyFan's initial growth. After this, OnlyFans became increasingly focused on not safe for work (NSFW) content and "gained a pop culture reputation for being a hive of pornography". Two years later, Ukrainian-American businessman Leonid Radvinsky, owner of MyFreeCams, acquired 75% ownership of Fenix International Limited and became one of its directors. His brother became the company's chief operating officer and his father is head of finance for OnlyFans. Tim Stokely founded the company alongside his older brother, Thomas, with a £10,000 loan from his father, Guy Stokely, who told him "Tim, this is going to be the last one". OnlyFans was launched in November 2016 as a platform for performers to provide clips and photos to followers for a monthly subscription fee. With Teespring, creators can advertise merchandise on the site, which OnlyFans does not take a fee from. The company charges a 20% fee for all transactions made on the site.
OnlyFans is mainly used by pornographic creators, both amateur and professional, but it also has a market with chefs, fitness trainers, and musicians. However, this decision was reversed six days later due to backlash from users and creators alike. In August 2021, a campaign to investigate OnlyFans began in the United States Congress, and it was reported that from October 2021 onward OnlyFans would no longer allow sexually explicit material, due to pressure from banks that OnlyFans used for user payments. The website has been criticised for insufficiently preventing child sexual abuse material from circulating on the platform, though statistical evidence on the severity of the problem is mixed. The website was reported to have 2 million content creators and 130 million users as of August 2021.
It allows content creators to receive funding directly from their fans on a monthly basis as well as one-time tips and the pay-per-view (PPV) feature. Ĭontent creators can earn money from users who subscribe to their content-the "fans". The service is used primarily by sex workers who produce pornography, but it also hosts the work of other content creators, such as physical fitness experts and musicians. OnlyFans is an internet content subscription service based in London, United Kingdom.
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