ONLYFANS Reverses Decision to Ban Sexual Content
Onlyfans has reversed its decision to ban sexually explicit content. With billions of dollars at stake it didn't even take them a week to reverse the decision. When people are googling 'how much can I make on onlyfans?' you know you have a cash cow.
Statement from onlyfans
“Thank you to everyone for making your voices heard,” the platform tweeted Wednesday morning. “We have secured assurances necessary to support our diverse creator community and have suspended the planned October 1 policy change. OnlyFans stands for inclusion and we will continue to provide a home for all creators.”
Initially, OnlyFans explained its decision to ban sexually explicit content by noting that, because of the proliferation of sexual content on the platform, banks had refused to do business with the company and that it was struggling to find outside investors. Despite those issues, however, OnlyFans, which has more than 120 million subscribers, was still able to generate a large positive cash flow, and also paid out more than $300 million a month to its content creators.
“The proposed October 1, 2021 changes are no longer required due to banking partners’ assurances that OnlyFans can support all genres of creators,” the company said in a statement to Yahoo News.
Source:
OnlyFans reverses planned porn ban after backlash from its adult-content creators
https://news-yahoo-com.cdn.ampproject...
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