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OnlyFans is getting out of the pornography business.
The company will prohibit users from posting any sexually explicit conduct, starting in October. Creators will still be allowed to post nude photos and videos, provided they’re consistent with OnlyFans’ policy, the company said Thursday.
The changes are needed because of mounting pressure from banking partners and payment providers, according to the company.
“In order to ensure the long-term sustainability of our platform, and the continue to host an inclusive community of creators and fans, we must evolve our content guidelines,” OnlyFans said.
OnlyFans has attracted more than 130 million users by giving online creators a platform to charge their fans for photos and videos. Many of its most-popular creators post nude photos and videos, and it has been praised for giving sex workers a safer place to do their jobs.
But sex work still has a stigma. And OnlyFans is trying to raise money from outside investors at a valuation of more than $1 billion. The company handled more than $2 billion in sales last year, and is on pace to more than double that this year. It keeps 20% of that figure.
https://www.bloomberg.com/news/articles/2021-08-19/onlyfans-to-block-sexually-explicit-videos-starting-in-october
Another blow to sex workers and adult content creators. They have virtually zero labor rights in this country and many of them rely on this for their main source of income.
Edit here is an updated statement from OnlyFans
Effective 1 October, 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. Creators will continue to be allowed to post content containing nudity as long as it is consistent with our Acceptable Use Policy. These changes are to comply with the requests of our banking partners and payout providers. We will be sharing more details in the coming days, and we will actively support and guide our creators through this change in content guidelines.
https://www.inputmag.com/tech/onlyfans-is-banning-porn-the-very-thing-that-made-it-big
Final edit: It looks all of this does indeed stem from a lot stricter guidelines being imposed by Mastercard, which investors and adult content industry professionals believe will be followed by other large credit institutions. This site wrote a good write up of the new requirements being imposed by MC. https://www.xbiz.com/news/258606/heres-what-the-new-mastercard-rules-mean-for-adult-sites-producers
It reads like bad news for a lot of people with their extremely arbitrary use of "sexually-explicit content" which I'm taking as actual porn as opposed to lewd or "art" type photography. What I think is key in most of this is the requirement that every piece of media uploaded needs to be reviewed and approved before its public. This might actually be very unprofitable change for sites like OF but much easier for professional porn sites that basically already do this now and have all records of the performers on file already. That's my guess though but a lot of this is very wordy and things are going to definitely change in some ways for smaller content creators
If I was a porn site and all of my vendors were telling me that serving my business was illegal because I wasn’t in compliance with a bunch of regulations, I’d release this statement, underfund my moderation team, and then make a big show of how difficult it is to moderate a platform of this size. Effectively look the other way on the majority of content while playing whack a mole with high profile ones that fall outside the new official policy
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So like virtually every rule in existence, just a selective enforcement regime to benefit whoever they fancy benefitting and fucking everyone else. Classic.
I made an edit with this link and what you just said is what my conclusion to this was after reading all this bullshit jargon. This sounds like a win to large adult companies and a loss for small ones. There will definitely be much stricter moderation needed and OnlyFans might just be crunching numbers and deciding it won't be profitable enough even if they work out the logistics. It doesn't sound like they'll be switching payment processing or perhaps assume other professors will follow the same new guidelines anyways
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