OnlyFans will ban all sexually explicit content to “ensure the long-term sustainability” of the service.
Everything that has made great OnlyFans in recent years, adult content will be prohibited. Since the 1st of october from this year, videos and photos with sexually explicit content may not be published on the platform. The change comes under pressure from banking partners and other payment providers.
Content creators they will still be able to post nudes on the platform. However, they must comply with the company’s acceptable use policy. In a way, similar to what happens for example with Twitter, which does not have porn as such but it does have nudity.
They have also not made it clear what will happen to the sexually explicit content that is already on the platform. In any case, they indicate that will offer more information about it in the coming days.
130 million users but difficulties to obtain investment
That’s the big problem at OnlyFans right now. In financial results the company has reported having more than 130 million users of which 2 million are creators of content. In terms of profits, the creators have made 5 billion dollars thanks to the platform, which takes 20%.
With all those users and money, the company still unable to raise large rounds of financing. Axios indicates that this is mainly due to the pornographic content on the platform. Some investors directly refuse to invest in adult content and others are concerned about how this material can be used, for example by children.
These days OnlyFans has also presented OFTV, a new app within your service with content without nudity or sex. This app “safe for work” contains videos such as sports workouts or cooking videos.
OnlyFans is not the only one banning sexually explicit content. The other great recent example is that of Tumblr, which in the hands of Verizon banned porn and with it he nailed his own grave. Another platform that decided to go this way was Patreon in 2018.
Via | Input