Link: Sources and documents detail OnlyFans' journey from an obscure, porn-free site to an adults-only platform fueled by erotic performers and celebrity influencers (Reuters)

OnlyFans is reshaping the adult entertainment landscape, merging it with the social media creator economy. The platform now boasts $1.3 billion in revenue and over 300 million users, expanding into diverse markets including comedy and music.

Despite its growth, the inner mechanisms of OnlyFans remain largely hidden, with crucial operations like content moderation situated in Ukraine. The company’s elusive billionaire owner, and minimal staff presence, adds to its secretive profile.

CEO Keily Blair portrays OnlyFans as a lucrative and empowering platform, emphasizing its ethical stance towards porn, especially for women. Blair, a proponent of online safety, envisions a safe digital space for users, including her daughters.

OnlyFans claims to provide rigorous content moderation and has committed to eliminating abusive material from its platform. However, the substantial volume of content and reliance on automatic systems complicate these efforts.

Financial institutions remain hesitant to associate with OnlyFans due to its adult content, despite its financial success and significant payouts to creators. Talks with investment banks have stalled, reflecting ongoing stigma around the porn industry.

In addressing public concerns and regulatory scrutiny, OnlyFans continues to strive for mainstream acceptance while capitalizing on the adult content that remains its core business. The company aims to blend profitability with ethical practices in digital adult entertainment. #

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Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.