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Content subscription service, OnlyFans, is set to ban sexually explicit content from its social platform by October, due to pressure from payment providers.
Pornography forms the bulk of contents that people look for in OnlyFans but the company has stated that it took its decision in order to comply with its banking providers, CNBC reported.
“In order to ensure the long-term sustainability of the platform, and to continue to host an inclusive community of creators and fans, we must evolve our content guidelines,” OnlyFans said in a statement on Thursday.
The UK-based company said that, although sexually explicit content will be barred, some posts which contain nudity can be allowed on the platform. However, such photos are to comply with its “Acceptable Use Policy.”
It is pertinent to note that the terms of service available on the OnlyFans site outline some of the contents that should not be published on its platform.
Some policies include the prohibition of content involving under 18 years old and other harmful or illegal content.
“We will be sharing more details in the coming days and we will actively support and guide our creators through this change in content guidelines,” the company said.
Rise of OnlyFans during COVID-19 pandemic
Founded in 2016 by Tim Stokley, OnlyFans grew to popularity and this is traced to the bulk of adult clips and photos hosted on the site.
During the coronavirus pandemic, the platform grew to become more popular for two reasons: the search for online entertainment and the need to earn a living, while at home.
With OnlyFans, content creators get paid by their fans who engage on their content and the platform also helps sex workers to charge for “not safe for work” material.
The online platform claims to have over 2 million content creators and 130 million users.
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