Since launching in 2016, OnlyFans’s explosive growth has been driven by professional and amateur sex workers who were looking for ways to monetize their content; particularly during the outbreak of the pandemic, which had halted in-person sex work and created scenarios where people were turning to digital sex work for the first time to supplement or generate income.
Historically, sex workers have been squeezed out of mainstream platforms, including Snapchat, Tumblr, Reddit, and Patreon, due to any number of external pressures—from payment processors redlining explicit content to sweeping federal laws. In OnlyFans’s case, the company reportedly sought to grow its business by taking on investors who turned out to be wary of backing NSFW content. Then OnlyFans CEO Tim Stokely blamed banks for not processing transactions.
The backlash from OnlyFans’s announcement was swift—and swifter still was the company’s reversal of its decision less than a week later.
It’s a win for sex…
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Source : fastcompany.com
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