The OnlyFans platform does not seem to ban pornography after all.
Because the company seems to have struck gold while looking for a financing solution.
The company's verified Twitter account stated, "We have received sufficient commitments to support our diverse community of creators and have paused changes scheduled for October 1st."
Gustav Theile
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The withdrawal comes unexpectedly.
At the end of last week, the platform announced that it would no longer allow explicit sexual acts.
OnlyFans boss Tim Stokely justified the move with the attitude of banks that did not cooperate with OnlyFans due to concerns about their reputation in the Wednesday edition of the Financial Times.
"We didn't have a choice, the short answer to that is: banks."
130 million users
Stokely stated, "We pay more than a million creators more than $ 300 million a month." For that you need the financial sector.
Some banks would have rejected every single payment made in connection with OnlyFans.
The platform is known for its pornographic content.
This was one of the reasons why the announced ban was a surprise.
Sex workers in particular, but also musicians, actors and other influencers post content online on OnlyFans for a fee.
Users can then subscribe to them, OnlyFans keeps 20 percent of this.
OnlyFans is seen by many as a platform on which sex workers and porn actors can market their content more independently than on normal Internet sites with pornographic content.
These are often free of charge and financed by advertising.
According to its own information, the social network has a total of 130 million users.
Almost two million creators upload content.
OnlyFans announced on Twitter that it will soon be sending more information to its creators.