OnlyFans

OnlyFans
Available inEnglish
FoundedNovember 2016; 8 years ago (2016-11)
Headquarters
London, United Kingdom
OwnerFenix International Limited
Founder(s)Tim Stokely
CEOKeily Blair
IndustryTech
Revenue$900 million (2021)
Current statusActive

OnlyFans is a website for posting videos and pictures online. It is used for making money or for buying those things. The website is British. It is based in London.[1]

People who create videos or other things on the site can earn money from users who subscribe to their content. These people who subscribe and pay money to see what people make are known as the "fans".[2] The company charges a 20% fee for all transactions made on the site.

It is popular with people who sell sexual videos or images[3] but also has other types of videos and images. For example sports experts, musicians and other people who make things who post regularly online.[4]

The people who post things can get money directly from their fans every month basis as well as one time payments called "tips" from video views.[5]

Famous people with OnlyFans accounts include Cardi B, Tyga, Blac Chyna, Bella Thorne and more.

OnlyFans has been criticised for hosting hurtful material including sexual videos of children. The National Center on Sexual Exploitation reports fewer numbers of hurtful sexual videos of children than are posted to Facebook, which is a site with more people using it. Facebook having more people on it and more hurtful videos is talked about to show that the problem of hurtful videos is not just on OnlyFans but on many websites online. A campaign to investigate OnlyFans began in the US Congress in August 2021.

People disagree about how safe it is to be someone who makes things and posts them the OnlyFans site for not getting hurt or stolen from. People who make and post things have been stalked and hurt by fans, sometimes resulting in the leaking of the person's private information.[6]

In July 2020, Sky News in the United Kingdom reported that OnlyFans had not paid a UK tax called the "value-added tax" for three years before the news story, and could face paying the taxes and extra as punishment by the UK government.[7]

References

  1. ↑ "FENIX INTERNATIONAL LIMITED - company report". Dun & Bradstreet.
  2. ↑ Arceneaux, Michael (2020). I Don't Want to Die Poor: Essays. Simon and Schuster. ISBN 978-1-9821-2930-9. Retrieved 25 July 2020.
  3. ↑ Bernstein, Jacob (9 February 2019). "How OnlyFans Changed Sex Work Forever". The New York Times. Retrieved 22 May 2019.
  4. ↑ "Former Chef Becomes Millionaire By Sharing Fitness Photos On Instagram". LAD Bible. Archived from the original on 13 April 2019. Retrieved 22 May 2019.
  5. ↑ Jankowicz, Mia. "We spoke to a woman earning more than $100,000 a year selling explicit content on OnlyFans — this is exactly how she makes her money". Business Insider. Retrieved 2020-05-13.
  6. ↑ Bindel, Julie (15 April 2020). "There's nothing 'empowering' about the sex work on OnlyFans". The Spectator.
  7. ↑ Martin, Alexander (6 July 2020). "OnlyFans could be hit with bill for more than three years' worth of unpaid taxes". Sky News. Retrieved 16 July 2020.