Connect with us

Entertainment

Everything new that’s happening with OnlyFans

Published

on

OnlyFans Photo Illustrations

OnlyFans this week dropped plans to ban pornography from its service, less than a week after the U.K. content-creator subscription site had announced the move arguing the need to comply with policies of banking partners.

“We have secured assurances necessary to support our diverse creator community and have suspended the planned October 1 policy change,” a statement from the company said. “OnlyFans stands for inclusion and we will continue to provide a home for all creators,” the firm added. 

The company last week announced plans to ban porn from Oct. 1, citing pressure from banks and payment companies. Immediately, critics among users arose in multiple social media platforms. The social media, founded in 2016, currently has more than 130 million users, 2 million content creators and a reported $150 million in free cash flow last year. 

“Thank you to everyone for making your voices heard,” OnlyFans said in a tweet Wednesday.

OnlyFans has attempted to rebrand itself as a platform for all types of creators recently, claiming it is used by everyone, no matter what they do for a living. Celebrities like Cardi B and Bella Thorne have even joined as creators. Nonetheless, porn is still by far the most popular category on the site.

Tim Stokely founder and CEO of the platform blamed the porn ban on banks in an interview with the Financial Times published Aug. 24, saying that banks including JP Morgan Chase, Bank of New York Mellon and the U.K.’s Metro Bank had cut off OnlyFans’ ability to pay creators.

In a back and forth week for OnlyFans users, the future of the policies of the app is yet to be known.

Check this out>>>  D.C. Young Fly Won't Take Over Wild'n Out Unless Nick Cannon Hands it to Him
Continue Reading
Click to comment
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x