OnlyFans ban latest – Explicit content banned after 'squeamish' investors feared being cut off by banks incl. Mastercard

FOR some time, the UK OnlyFans platform tried to attract more mainstream influencers and celebrities that were wary of being associated with porn. But the policy switch came after growing pressure from financial services companies.

Guy Stokely, OnlyFans’ head of finance and father of founder Tim, told the Financial Times that: “Banks and other financial partners are introducing more controls. We want to ensure the sustainability to our business and the move we are making makes us more acceptable to these people”.

Josh Constine, principal investor at venture fund SignalFire, said investors had been “squeamish” around OnlyFans due to a looming risk of being cut off by payment processors such as Mastercard.

However, Mastercard and banks alike will soon implement new rules which will demand stricter content review processes over porn.

The ban on porn “might bring in more investors”, Constine said, but it is “bad for sex workers [and] bad for OnlyFans as the line drawn between nude and explicit will be tough to moderate”.

Read our OnlyFans live blog for the latest updates…

  • Joseph Gamp

    ONLYFANS WILL BAN SEXUALLY EXPLICIT CONTENT IN SHAKEUP

    ONLYFANS is reportedly set to ban raunchy content after pressure from the company’s payment providers and banking partners.

    From October 1, members will still be able to post some nude content, but it will need to obey the new OnlyFans’ policy banning sexually explicit images and video.

  • Joseph Gamp

    IS ONLYFANS SHUTTING DOWN?

    OnlyFans is not shutting down but due to regulation changes, it has drastically changed how the site operates with users.

    The platform is known for sex workers, influencers, musicians and celebrities charging ‘fans’ for pictures, videos and personalised content.

    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 feature.

    The UK company – which is one of the world’s fastest-growing social platforms will no longer allow content “containing sexually explicit conduct”.

    Nudity will still be allowed and the company have said more detailed guidance would be published to its more than two million creators in the coming days.

  • Joseph Gamp

    ONLYFANS CREATORS RECEIVE 80% COMMISSION ON THEIR EARNINGS

    According to the OnlyFans website, creators receive 80% commission on their earnings, while the remaining 20% covers “referral payments, payment processing, hosting, support, and all other services”.

    The platform has around 130 million users, with around two million creators who post content for subscribers.

    OnlyFans says these creators have earned more than £3.7 billion through the service.

  • Milica Cosic

    WHO FOUNDED ONLYFANS?

    The company was founded by Timothy Stokely in 2016.

    “Uber is a bolt-on to your car just as OnlyFans is a bolt-on to your existing social media," he told Wired last year.

    Stokely, 38, is a graduate of Anglia Ruskin University with a degree in Property and Surveying, and was once referred to as "the king of homemade porn" by The Sunday Times.

  • Milica Cosic

    ONLYFANS RICH LIST: THE STARS MAKING MILLIONS SELLING STEAMY SNAPS

    OnlyFans have shocked the world of paid content as they announced they no longer allow sexually explicit material.

    This means some celebrities and aspiring stars could miss out on millions.

    Celebrities on the site typically charge fans a monthly subscription fee to see their latest photos and videos, with some offering one-on-one chats for an extra cost.

    But who has profited the most from the racy app?

    Read our round up of the top OnlyFans earners here.

  • Milica Cosic

    BELLA THORNE BLAMED FOR ONLYFANS BANNING PORN

    Bella Thorne blamed for OnlyFans banning porn after sex workers bashed actress for joining raunchy platform last year. The adult website made the decision after sex workers bashed the actress for joining the raunchy platform last year.

    It was revealed on Thursday that OnlyFans will be banning pornography beginning in October.

    In a statement to Variety, the U.K.-based company explained it is making the changes “to comply with the requests of our banking partners and payout providers.”

    Beginning on Oct. 1, 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.”

    Shortly after the announcement was made, fans rushed to Twitter to blame the 23-year-old actress for being responsible for the new rule.

  • Milica Cosic

    ONLYFANS BAN 'AWFUL' AS IT WILL PUSH SEX WORKERS INTO LESS SAFE SPACES

    One former OnlyFans user warned the ban on sexually explicit content was "awful" because it would push those working in the sex trade who used the platform to other, less safe, spaces.

    Tilly Lawless said many sex workers used the platform, particularly during lockdown, as a vital source of income.

    She told BBC Radio 4's Today programme that OnlyFans was under pressure from its banking partners and payment providers to "clean up their act".

    She added: "I understand why they're doing it from a financial perspective – they now have the platform they wanted, they can kick sex workers off now they've got influencers on it, they've got celebrities on it, they've got fitness people on it. They can make money that way, they don't need sex workers like they did when they started.

    "But I can't understand it from a wiping out (sex) trafficking perspective, because getting rid of platforms like this, none of that actually stops people in dangerous scenarios, it actually just makes it harder for sex workers who are using those platforms to work safely."

  • Milica Cosic

    THE BBC PREVIOUSLY INVESTIGATED ONLYFAN OVER ILLEGAL CONTENT BEING POSTED

    The BBC reported that the change comes after the broadcaster approached the company over concerns about its handling of accounts posting illegal content.

    According to a BBC investigation, content moderators for the platform are told to give multiple warnings to accounts that post illegal content before the site decides to close them, and it claims that staff are asked to be more lenient towards successful accounts on the service.

    The investigation also claims to have seen a number of examples of banned content on the site and says it was told by moderators that prostitution services have been found advertising on the platform.

    In response, OnlyFans said it "remains committed to the highest levels of safety and content moderation of any social platform".

    It added: "All creators are verified prior to being able to upload any content to OnlyFans, and all uploaded content is checked by automated systems and human moderators."

  • Milica Cosic

    OFTV HAS NO DIRECT IMPACT ON CREATORS' EARNINGS, SAYS ONLYFANS FOUNDER

    Tim Stokely told Bloomberg: "OFTV provides a super convenient way for fans to watch content from favorite creators.

    "There's no adult content on OFTV. Because it's not being monetised and there's no direct impact on creators' earnings, we are able to be in the app store."

  • Milica Cosic

    ONLYFANS TRYING TO RAISE MONEY FORM OUTSIDE INVESTORS FOR A VALUATION OF $1BILLION

    The compnay is trying to raise money from outside investors at a valuation of more than $1 billion.

    The unexpected move will come as a shock to its 130 million users, who many flocked to the platform during the coronavirus pandemic as the production of regular pornography impacted by lockdowns.

    OnlyFans has been praised for providing sex workers a safer place to do their jobs, but sex work does come with a stigma.

  • Milica Cosic

    ONLYFANS BAN ‘AWFUL’ AS IT WILL PUSH SEX WORKERS INTO LESS SAFE SPACES

    One former OnlyFans user warned the ban on sexually explicit content was “awful” because it would push those working in the sex trade who used the platform to other, less safe, spaces.

    Tilly Lawless said many sex workers used the platform, particularly during lockdown, as a vital source of income.

    She told BBC Radio 4’s Today programme that OnlyFans was under pressure from its banking partners and payment providers to “clean up their act”.

    She added: “I understand why they’re doing it from a financial perspective – they now have the platform they wanted, they can kick sex workers off now they’ve got influencers on it, they’ve got celebrities on it, they’ve got fitness people on it. They can make money that way, they don’t need sex workers like they did when they started.

    “But I can’t understand it from a wiping out (sex) trafficking perspective, because getting rid of platforms like this, none of that actually stops people in dangerous scenarios, it actually just makes it harder for sex workers who are using those platforms to work safely.”

  • Milica Cosic

    LAUREN GOODGER 'MAKES £1MILLION A MONTH'

    Towie star Lauren, 34, could be clearing seven figures every month, according to OnlyFans' calculator.

    That's partly because the former glamour model charges a whopping £33 a month to subscribe.

    That's an awful lot more than her partner, Charles Drury, who also sells sexy snaps on OnlyFans – but for under £8 a month.

    The couple recently welcomed baby LaRose to the world and shared heartwarming pictures of their new daughter on Instagram.

    Lauren Goodger has turned her Towie fame into OnlyFans cash Credit: Instagram
  • Milica Cosic

    NUDE IMAGES WILL STILL BE ALLOWED ON ONLYFANS

    OnlyFans will no longer permit sexually explicit photos and videos from October – but nude images will still be permitted on the site

    The move comes after the company received pressure from payment processors about the type of material hosted on the site.

    OnlyFans shows prospective stars how much they could be earning using a calculator based on their social media following and how much they would charge to subscribe.

  • Milica Cosic

    BELLA THORNE BLAMED FOR ONLYFANS BANNING PORN

    Bella Thorne blamed for OnlyFans banning porn after sex workers bashed actress for joining raunchy platform last year. The adult website made the decision after sex workers bashed the actress for joining the raunchy platform last year.

    It was revealed on Thursday that OnlyFans will be banning pornography beginning in October.

    In a statement to Variety, the U.K.-based company explained it is making the changes “to comply with the requests of our banking partners and payout providers.”

    Beginning on Oct. 1, 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.”

    Shortly after the announcement was made, fans rushed to Twitter to blame the 23-year-old actress for being responsible for the new rule.

  • Milica Cosic

    ONLYFANS PREVIOUSLY LAUNCHED A TIKTOK STYLE APP FOR IPHONE, ANDROID AND SMART TELLY

    Prior to today's news, OnlyFans launched an app and streaming platform called OFTV.

    It said that users will be able to access it via their phone, tablet or smart TV.

    Tim Stokely, OnlyFans founder and CEO, said: "From the onset of launching OnlyFans, we have been a creator-first platform to give creators further
    autonomy and power over their content.

    "We’re all about giving creators more opportunities to get their content out there and more ways for our community to access it."

    Read more here.

  • Milica Cosic

    WHY IS ONLYFANS BANNING ADULT CONTENT?

    In a statement OnlyFans said: “In order to ensure the long-term sustainability of our platform, and to continue to host an inclusive community of creators and fans, we must evolve our content guidelines.”

    This is to “comply with the requests of our banking partners and payout providers”.

    The company is trying to raise money from outside investors at a valuation of more than $1billion.

    The unexpected move will come as a shock to its 130 million users, with many flocking to the platform during the coronavirus pandemic as the production of regular pornography was impacted by lockdowns.

    OnlyFans has been praised for providing sex workers a safer place to do their jobs, but sex work does come with a stigma.

    The company positions itself more as a forum for musicians, fitness instructors and chefs than sex workers.

    In August 2021, OnlyFans introduced a new TikTok style app for iPhone, Android and smart telly, called OFTV.

  • Milica Cosic

    WHEN WILL THE BAN ON ADULT CONTENT COME INTO FORCE?

    OnlyFans will prohibit the posting of any sexually-explicit content from October 1, 2021.

    The company said it would allow some nudity, so long as it adhered to its Acceptable Use Policy.

    Read more here.

  • Milica Cosic

    ONLYFANS BAN ON SEXUALLY EXPLICIT CONTENT WILL ENDANGER LIVES, SAY US SEX WORKERS

    American sex workers are standing up to the decision to ban "sexually explicit" content, saying this will threaten their livelihoods and in turn drive more of the industry underground.

    Online sex worker and co-chair of the Adult Industry Laborers and Artists Association, Mary Moody, has said: “this change will put workers on the street who could otherwise afford rent, it will starve the children of sex workers who could otherwise afford to feed them, and it will force workers currently working remotely online into riskier street-based sex work”.

  • Milica Cosic

    WHO FOUNDED ONLYFANS?

    The company was founded by Timothy Stokely in 2016.

    “Uber is a bolt-on to your car just as OnlyFans is a bolt-on to your existing social media," he told Wired last year.

    Stokely, 38, is a graduate of Anglia Ruskin University with a degree in Property and Surveying, and was once referred to as "the king of homemade porn" by The Sunday Times.

  • Milica Cosic

    EXPLAINED: WHAT IS ONLYFANS?

    OnlyFans is a subscription content service based in London – with an app that reportedly has over 30million users.

    Sex workers charge monthly fees for access to pictures, videos and more.

    Its roster includes over 18,000 performers, according to OnlyFans.

    "Whether you’re uploading tutorials, tips, behind-the-scenes footage or just endless selfies, a lot of your followers would be willing to pay for them," the company states.

    For every subscription that's sold to a viewer, performers get 80 percent of the cash while OnlyFans gets the rest.

  • Milica Cosic

    BELLA THORNE ISSUED AN APOLOGY

    After experiencing backlash for the change of rules, Bella wrote on Twitter: “PT1 Remove the stigma behind sex, sex work, and the negativity that surrounds the word SEX itself by bringing a mainstream face to it that’s what I was trying to do, to help bring more faces to the site to create more revenue for content creators on the site.

    “I wanted to bring attention to the site, the more people on the site the more likely of a chance to normalize the stigmas, and in trying to do this I hurt you.

    “I have risked my career a few times to remove the stigma behind sex work, porn, and the natural hatred people spew behind anything sex related. I wrote and directed a porn against the high brows of my peers and managers because I WANTED to help with the stigma behind sex.”

    She continued: “I am a mainstream face and when you have a voice, a platform, you try to use you in helping others and advocate for something bigger than yourself.

    “Again in this process I hurt you and for that I’m truly sorry.”

  • Milica Cosic

    BELLA THORNE APOLOGISED TO SEX WORKERS AFTER EARNING $2M IN FIRST WEEK ON THE SITE

    Last year, Bella apologized to sex workers on OnlyFans after she claimed she earned a staggering $2million during her first week on the site.

    Her success of the website prompted them to crack down on the rules.

    The Disney Channel alum launched her OnlyFans page in August 2020.

  • Milica Cosic

    ONLYFANS TRYING TO RAISE MONEY FORM OUTSIDE INVESTORS FOR A VALUATION OF $1BILLION

    The compnay is trying to raise money from outside investors at a valuation of more than $1 billion.

    The unexpected move will come as a shock to its 130 million users, who many flocked to the platform during the coronavirus pandemic as the production of regular pornography impacted by lockdowns.

    OnlyFans has been praised for providing sex workers a safer place to do their jobs, but sex work does come with a stigma.

  • Milica Cosic

    CARDI B MAKES '£15.3MILLION A MONTH' ON ONLYFANS

    The American rapper, 28, announced she was joining OnlyFans last year on Instagram and, according to the calculator's formula, she could now be making tens of millions.

    While the amount seems sky high, the calculator comes up with the figure by looking at what she'd earn if just five per cent of her 105million Instagram followers paid her £3.66 monthly subscription fee.

    If a creator has one million followers and charges the same as Cardi B, they're estimated to earn up to £183,000 a month, according to OnlyFans' own estimates.

    Fans get a first look at her content for £3.70 a month, but she made it clear from word go that there would be no nudes.

    She told her fans: “Ok guys so now you can subscribe to my only fans! Yes I will be putting my BTS from WAP there ! and my day to day content. Also any rumours floating around. NO I WON’T BE SHOWING PY , TS AND A.”

    Cardi B is thought to be able to make millions on OnlyFans every month
  • Milica Cosic

    ONLYFANS BAN ON SEXUALLY EXPLICIT CONTENT WILL ENDANGER LIVES, SAY US SEX WORKERS

    American sex workers are standing up to the decision to ban "sexually explicit" content, saying this will threaten their livelihoods and in turn drive more of the industry underground.

    Online sex workerand co-chair of the Adult Industry Laborers and Artists Association, Mary Moody, has said: “this change will put workers on the street who could otherwise afford rent, it will starve the children of sex workers who could otherwise afford to feed them, and it will force workers currently working remotely online into riskier street-based sex work”.

    Source: Read Full Article