OnlyFans is exiting the pornographic market. Beginning in October, the business will restrict artists from publishing sexually explicit content over its platform, that most people use to offer fans obscene stuff.
They will still be able to post nude images and videos as long as they follow OnlyFans’ rules, the business stated on Thursday.
During the epidemic, the social-media service’s popularity skyrocketed as sex workers, singers, and online celebrities utilised it to charge followers for exclusive access to photographs, videos, and other content. OnlyFans has amassed over 130 million users.
Because of its success, OnlyFans is presenting itself as a platform for artists, athletic trainers, and chefs rather than sex workers. While many of its most famous producers broadcast videos of themselves indulging in sexual conduct, some popular stars have also established up profiles, including Bella Thorne, Cardi B, and Tyga.
Banks and payment providers are pushing the company to make the changes, according to the company. There is a valuation for OnlyFans by investors outside the company 1 billion dollars or more.