When Content Providers Threatened To Walk OnlyFans Miraculously Reached An Agreement.
Was it just last week that OnlyFans decided that it wanted to break up with sex workers because they were becoming inconvenient to make huge amounts of money from? Yet here we are on Wednesday, August 25, 2021, with OnlyFans saying via Twitter that it’s sorry, it loves us, and it never meant to cum in our eyes in the first place.
Founded in 2016, UK-based OnlyFans makes a pretty penny off of sex workers. For those who like to know how many pennies we’re talking about, it’s however many are in $300 million worth of payouts per month to content creators plus the 20-percent above that kept by the company for providing the platform. Thanks to COVID-19, OnlyFans became even more popular and managed to handle $2 billion in sales from 130 million users. Those are some big numbers and a lot of pretty pennies.
After creators began expressing shock, despair, and outrage – all of which are easy to ignore if you make enough money – some of them began leaving for presumably greener passages like LoyalFans and JustFor.Fans. Now that will get a company’s attention.
OnlyFans CEO Tim Stokely initially insisted that it was the banks’ fault that the platform needed to cut all of its interesting content loose. Because of bad actors like JP Morgan Chase, Bank of New York Mellon, and the Metro Bank in the UK, Stokely assured, OnlyFans would not be able to pay all of its creators.
Clearly, the obvious thing to do was to get rid of the creators bringing in the bulk of the cash.
After facing the wrath of an industry of men and women scorned, OnlyFans released the following statement via social media: “Thank you to everyone for making your voices heard. We have secured assurances necessary to support our diverse creator community and have suspended the planned October 1 policy change.”
What changed and with whom? Representatives for OnlyFans will not say.
In other words, we got off easy this time. But if the terms of negotiation change again, if the banking entities become nervous about fraud and chargebacks or merely tired of dealing with right-wing virtue signalers like the National Center on Sexual Exploitation, we’ll be the first ones on the curb.
For now, OnlyFans is billing itself as being supportive of a “diverse creator community” that includes “those who share sexually explicit material.”
Are members of the adult creator community buying the “You can trust me, baby. I’ve changed” routine from OnlyFans? Some are abandoning OnlyFans entirely, whereas others are expanding their virtual footprint to include multiple cam platforms, and others are discussing the possibility of launching their own official websites.
“I’ve lost platforms several times in 11 years,” observes model Kristieh Lee on Facebook. “Never put all ya eggs in one basket.”
Award-winning director MrPam posts cynically, “’Just kidding! (We need your money.)’ – love #OnlyFans,” which suggests a strong skepticism on the part of at least one industry icon.
Web designer and industry tactician Pax Ne'gro states, “The OnlyFans ban shows that content creators and performers need to diversify their content to more than one platform. This limits the panic and hype the next time a ban happens.”
“The main thing that irritates me,” says 20-year industry veteran Calista Roxxx, “is that there are so many other platforms other than the OnlyFans empire that are not getting attention. Perhaps new performers shouldn’t put all their eggs in one basket, so to speak. Much better to have content spread out on a bunch of sites.”
“Now that they have said that they are not going to ban adult content I am reluctant to continue with them, but at the same time, I need them,” admits UndressJess, who works as an exotic dancer, scream queen, and more, in addition to her usually highly successful OnlyFans content. Since the announcement that adult content would be banned, that profitability tanked. “I personally stopped getting new joins for the last couple of days and I had quite a few people turn off rebills.”
Multi-award-winning MILF Alexis Fawx says, "We have lost some confidence. That is why we are testing out and exploring other platforms in case of another flip flop. It’s a wake-up call to sex workers to stop riding one dick and have a few on rotation cause OnlyFans is shady like a narcissistic boyfriend."
"This Onlyfans fiasco has really put a damper on entertainers and fans alike," opines Dee Siren, erotic content creator and sex educator. "Not only have we as performers lost trust in the platform but so have the fans. Personally, I have lost 12% of my subscriptions in less than a week because of these announcements. I have had fans ask for the content they have purchased to be sent to them directly in fear of them losing it on the platform. The fans are concerned about spending their money on something that might not be there in less than 30 days if the company flips again. As for me, I have never put all of my eggs in one basket and I do plan on exploring all my available options even more so now. Onlyfans has really disappointed the sex worker industry that built it by not putting any effort into supporting us in the first place. If they cared about us, then they would have found a solution to the banking problem without causing mental anguish to the performers that support it."
Erotic content creator Linzee Ryder expresses a lot of performers' frustration when she writes that, "I am still confused about what their reasoning was because they blamed it on MasterCard but MasterCard denied it. I will say that I respected the fact they were giving us notice at least and I did begin researching other platforms to move to. I am currently on ManyVids and SextPanther, which have proven to be good platforms for me."
On Friday, August 27, award-winning MILF, content creator, and host of the Tanya Tate Presents MILF$ Making Money podcast will be covering "The OnlyFans Exodus and Where Do We Go Now" in a special broadcast. Joining Tanya will be best-selling author, model, and marketing consultant Amberly Rothfield. Podcast platforms include Apple Podcasts, Stitcher, Audible, Spotify, and PlayerFM.
Chances are good that this is an ultimately unresolved situation, so diversify, stay informed, and keep an eye on this site for more information as it becomes available.