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OnlyFans banning ‘sexually explicit conduct’ starting in October

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From Forbes:

OnlyFans’ investment options may have opened up with its announcement, while paradoxically shrinking due to their pending loss of growth by shutting off a major vertical on the platform. The biggest risk factors to a business like OnlyFans remain the likes of Visa and MasterCard cutting it off, as well as a high level of charge-backs and fraud — not Sand Hill Road cutting a check.

But for now, those suffering most from the announcement are creators, especially sex workers, who find themselves scrambling after the sudden news. “They are good people, they are adults, and this cuts them off at the knees,” says Banister. “I am not sure where they go next after this.”

Would anyone back OnlyFans now, without its problematic golden goose? The company may struggle to overcome its reputation, even if growth rebounds, investors say. But several investors said they were confident that enough peers would be interested in its financial upside to accept its history, provided it can show a path for growth again. “Anyone who would back [vaping business] JUUL would back OnlyFans,” one quipped.
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https://www.forbes.com/sites/alexkonrad/2021/08/23/inside-onlyfans-limited-venture-capital-options/
 
From that Forbes article:

The company may struggle to overcome its reputation, even if growth rebounds, investors say. But several investors said they were confident that enough peers would be interested in its financial upside to accept its history, provided it can show a path for growth again.
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Overcome its “reputation” for what? For allowing grown, law-abiding adults a place to earn a living? I get what they’re saying, but it’s so condescending IMO.

I also got a chuckle out of the part about enough investors being “interested in its financial upside to accept its history.” I hope they don’t hurt themselves bending over backwards to justify their grab for a piece of OnlyFans while at the same time shaming people who did nothing wrong.
 
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Smoothie said:
From that Forbes article:



Overcome its “reputation” for what? For allowing grown, law-abiding adults a place to earn a living? I get what they’re saying, but it’s so condescending IMO.

I also got a chuckle out of the part about enough investors being “interested in its financial upside to accept its history.” I hope they don’t hurt themselves bending over backwards to justify their grab for a piece of OnlyFans while at the same time shaming people who did nothing wrong.
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Ew. There's a lot to unpack there but just ew.

Porn was the only thing OnlyFans had going for it, now it's just a shittier, shadier Patreon knockoff with a ruined reputation that nobody will want to use anymore. Any investor stupid enough to jump in at this point deserves to lose their money.
 
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Smoothie said:
Overcome its “reputation” for what? For allowing grown, law-abiding adults a place to earn a living?
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They are not referring to that and it was explained in another article today.

blayze_noir said:
https://www.forbes.com/sites/alexkonrad/2021/08/23/inside-onlyfans-limited-venture-capital-options/
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“I’ve met with companies because I think they’ll be really cool meetings, knowing there is 0% chance I’d want to invest,” He speaks the truth.
 
Sorry if this is mentioned but a quick question RE: Fansly.
OnlyFans charged 20% extra on all purchases, so a $20 subscription would be $24, does Fansly charge any extra for purchases and subscriptions and if so do you know what the % is?

i appreciate anyone who knows
 
Brett M said:
Sorry if this is mentioned but a quick question RE: Fansly.
OnlyFans charged 20% extra on all purchases, so a $20 subscription would be $24, does Fansly charge any extra for purchases and subscriptions and if so do you know what the % is?

i appreciate anyone who knows
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Onlyfans doesn't do that, though? Just local tax. (As @Brit said it must have been a VAT thing?)

Screen Shot 2021-08-24 at 2.11.30 PM.png

Screen Shot 2021-08-24 at 2.11.21 PM.png
 
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Yeah the only thing I get hit with down here in OZ is the terrible exchange rate between USD and AUD. No premium or extra charge.
 
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It seems as though it was. Wow we get taxed quite a lot compared to others it seems (if my math is correct your example is 9.2% Amber, so ours is double - it seems like not much but obviously all adds up, especially when making larger purchases). It's always 20% for me on OnlyFans, being in England.

I thought everyone had to do 20% haha, wow.
I have a feeling then it will be 20% for England on Fansly too. Sucks but oh well.

Thanks, everyone
 
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Brett M said:
Sorry if this is mentioned but a quick question RE: Fansly.
OnlyFans charged 20% extra on all purchases, so a $20 subscription would be $24, does Fansly charge any extra for purchases and subscriptions and if so do you know what the % is?

i appreciate anyone who knows
Click to expand...
Wait do you mean that the site takes a 20% cut from creators? Subs and tippers aren't affected by that, it comes out of our end. If someone paid $20 for a sub the model would make $16.

If you're talking about something else though I have no idea what you're on about.

EDIT: @AmberCutie what browser do you use and are you using any script/add blockers? Sometimes disabling javascript lets you get around news media paywalls.
 
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GraysonDrake said:
Wait do you mean that the site takes a 20% cut from creators? Subs and tippers aren't affected by that, it comes out of our end. If someone paid $20 for a sub the model would make $16.

If you're talking about something else though I have no idea what you're on about.

EDIT: @AmberCutie what browser do you use and are you using any script/add blockers? Sometimes disabling javascript lets you get around news media paywalls.
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It was weird. In one Chrome window I could read it fine, but in another I couldn't. So I posted the screenshots for everyone to see because fuck news site paywalls lol.
 
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GraysonDrake said:
Wait do you mean that the site takes a 20% cut from creators? Subs and tippers aren't affected by that, it comes out of our end. If someone paid $20 for a sub the model would make $16.

If you're talking about something else though I have no idea what you're on about.

EDIT: @AmberCutie what browser do you use and are you using any script/add blockers? Sometimes disabling javascript lets you get around news media paywalls.
Click to expand...


When I subscribe or send a "tip" on the site, it charges me an extra 20%.
For example, one model I follow is an $8 subscription each month, every month regardless of if it's direct debit/auto-renew or I manually do it, it will charge $9.60 instead of $8.00 because it charges the extra 20% for VAT.
The same applies to me if I buy a PPV video. Let's say a model sends in DM a video she is selling, or I have requested a custom video/photo, if I click to buy it, it adds an extra 20% on top of whatever the price tag is that the model has set.


Edit:
The Financial Times link for me loads, but for me to read the article it offers me subscription prices, "Choose your subscription"
 
Brett M said:
When I subscribe or send a "tip" on the site, it charges me an extra 20%.
For example, one model I follow is an $8 subscription each month, every month regardless of if it's direct debit/auto-renew or I manually do it, it will charge $9.60 instead of $8.00 because it charges the extra 20% for VAT.
The same applies to me if I buy a PPV video. Let's say a model sends in DM a video she is selling, or I have requested a custom video/photo, if I click to buy it, it adds an extra 20% on top of whatever the price tag is that the model has set.
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I think most camsites and video sites have to oblige to the EU vat taxing now, so i would assume it will be the same on fansly. The upside for models ( i know as a fellow EU citizen it sucks lol) like myself is, that i can prove to the tax Institution, that the sites tax customers with vat and don't pay it out to me, so i don't have to pay vat, when doing my taxes and just do income tax at least.
 
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mira_leo said:
LMAO WHAT
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After creators lost a bunch of their subscribers, because these dudes jumped the gun and already unsubscribed. 🙄 What a shitshow.
 
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So I'm working on moving now. Overall I was happy with the format of Onlyfans and I'm hoping to stick with something pretty similar to it
yummybrownfox said:
Y'all see this shit? Lol.

View attachment 89539
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Not sure I trust this yet. I've already started moving all my content to JFF and I think I will continue doing so until we have something more concrete. I'm fine staying, but yeah, a lot of subs were lost last week.
 
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Smoothie said:
OnlyFans is apparently banning depictions of ‘sexually explicit conduct’ starting in October, per this report: https://www.bloomberg.com/news/arti...-sexually-explicit-videos-starting-in-october

Sounds like they’re caving to the wishes of potential investors. What is notable is they claim nude photos and videos will still be allowed “provided they’re consistent with OnlyFans’ policy,” which seems pretty vague considering it could mean the difference between a model making a living or getting banned.

Models, curious what you think about this, especially those of you that have OF.
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Seems to be a crappy PR stunt to push their new SFW app.

I'm royally pissed off because of the calamity they caused and fear they incited in so many people. As a porn star, I'll be fine no matter what. My concern is with sex workers who were using this platform as a safer means to income. Like street hookers. Literally. That said, seems they're retracting their statement *palm in face*. My whole thing with this is also like...who the FUCK is going to go to Onlyfans for yoga or painting? lol. They have the scarlet letter (I see it as a good thing) on them as a sex platform. Might as well embrace the people who made them billions. If not, models will just migrate to one or a few of the dozens of other fan club sites out there.
 
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thealixlynx said:
Seems to be a crappy PR stunt to push their new SFW app.

I'm royally pissed off because of the calamity they caused and fear they incited in so many people. As a porn star, I'll be fine no matter what. My concern is with sex workers who were using this platform as a safer means to income. Like street hookers. Literally. That said, seems they're retracting their statement *palm in face*. My whole thing with this is also like...who the FUCK is going to go to Onlyfans for yoga or painting? lol. They have the scarlet letter (I see it as a good thing) on them as a sex platform. Might as well embrace the people who made them billions. If not, models will just migrate to one or a few of the dozens of other fan club sites out there.
Click to expand...
They've basically destroyed all of their credibility with us now though, even if they did actually embrace their role as a SW platform in a meaningful way it's already too late. They've fucked themselves royally and I doubt most of the people jumping ship will want to come back. I sure as hell don't.

I honestly thought they knew what would happen if they banned porn but maybe I was giving them too much credit.....
 
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OF said on Twitter they'd be sending an email but I haven't received anything yet

Edit: Lmao literally one second after I hit post I get the email


"Dear OnlyFans Creator,

Our Acceptable Use Policy will remain the same and may be found at: https://onlyfans.com/terms

The proposed October 1, 2021 changes are no longer required due to banking partners' assurances that OnlyFans can support all genres of creators.

OnlyFans is committed to providing a safe and dependable platform for all creators and their fans.

Thank you,
OnlyFans Team"
 
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