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What is OnlyFans?
OnlyFans is a subscription content service located in London, UK. Content creators [archive] can earn money from the users who subscribe to their content – the “fans”.
The site is known in the sex industry but also hosts content creators of other genres such as fitness experts and other creators who post online regularly. It allows content creators to receive funding directly from their fans on a monthly basis as well as tips and pay-per-view functionality.
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OnlyFans was launched in 2016 as a website for social media artists so their fans could pay a monthly subscription to view clips and photos. Little is known about the parent company Fenix International Limited.
By February 2020, the website had 20 million registered users and claimed to have paid $ 400 million to their 200,000 content creators.
In April 2020, BBC Three released a documentary and found that every day, a third of the Twitter profiles around the world promoting the sale of nude photos (or similar) appeared to be owned by a minor and many OnlyFans to share their content.
In May 2020, CEO Tim Stokely told Buzzfeed News: “The website receives around 200,000 new users every 24 hours and 7,000 to 8,000 new developers sign up every day.”
OnlyFans, the social network for adults that tries to smooth its image
The network that allows fans to pay to obtain “exclusive” photos or videos saw its attendance explode during confinement. While it represents a new monetization opportunity for influencers, its success is in part due to adult content that it does not mention in its communication
It all started with a “joke” heard addressed to an acquaintance, a fitness enthusiast and very present on social media: “You could earn money by opening an account on OnlyFans.” Embarrassed silence. We then discreetly grab our phone and ask a search engine. At first glance, nothing shocking: OnlyFans is a social network which uses the aesthetic codes of Instagram, except that each “creator” of content is paid for what he publishes, via a subscription contracted by his fans, happy to access “exclusive” content.
But if we talk about it, it’s because OnlyFans has only grown since the lockdown. While the network first saw the light of day in 2016, it gained 75% more traffic in April 2020 alone and now boasts nearly 45 million users. A jump in popularity as even Beyoncé quotes it in a recent hit alongside Megan Thee Stallion.
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