So what was that whole thing with Onlyfans about? Well, just a quick recap of the events. Onlyfans, a platform that is made popular by creators selling homemade pornography, has grown even bigger due to the pandemic and many adult-performers opting out of mainstream pornographic productions. Looking for bigger investors, they announced that they will no longer be hosting sexually-explicit content, effectively alienating the creators that made them big to begin with. After a huge backlash from their creators and users, the company decided to go back on their announcement and continue to allow sexually-explicit content “for the moment.”
The initial move has been compared to Tumblr banning sexually-explicit content. For those unfamiliar with the events, Tumblr used to be huge, rivaling Twitter, Instagram, and Reddit. Then it decided to ban sexually-explicit content and its user base just plummeted. Now barely anyone uses Tumblr. Now, the sexually-explicit content Tumblr had wasn’t just raunchy pornography, it also included blogs on the LGBTQ community which were underrepresented online. But due to being forced by Apple, which has a notoriously anti—pornography stance, Tumblr had to follow suit in order to be available on Apple’s IOS platform and thus lost most of its value. Not many people remember it, but the whole thing reminds me more of Playboy magazine when it decided not to feature nude pictorials anymore. It was a move that spectacularly failed and had to be reversed later on when the publisher realized that GQ already exists.
I read commentary that Onlyfans needed to weed out sexually-explicit content in order to please payment processors like Mastercard who are quite conservative. Some even blamed Christian lobbyists as the ones pushing for the move. I also read that the problem that investors and payment processors are trying to avoid is the risk of being involved in child pornography. Onlyfans, being a platform for homemade pornography, it is possible for content with minors in it to be hosted in the platform. That, and perhaps other legal albeit unusual proclivities that investors might not be comfortable with. Now, instead of Onlyfans investing more money in policing their content, prematurely decided to scuttle the most profitable portion of their users. Laziness plus greed.
With that in mind, it also reminds me of the pump and dump scheme prevalent among cryptocurrencies these days. Influential personalities will publicize a new cryptocurrency, not mention that they are invested heavily on it, or perhaps even the creators of the cryptocurrency, and once people buy a huge amount of the cryptocurrency, they sell all of their shares and watch the value plummet on all of the people who trusted them. I’m thinking the heads at Onlyfans were trying to secure huge investments in order to expand, increase the value of the company, leave the company with their golden parachutes, and watch a pornless Onlyfans shrink to oblivion. The only problem was the backlash was so swift and so severe that their investors and payment processors got wind of the inevitable downfall that the plan had to be postponed.
And I say postponed because Onlyfans already showed their cards. Their creators better start looking for a plan B should Onlyfans finally decide to ditch them for good.
Regarding to the initial reactions, however. There were two interesting camps. The one trending on Twitter were the ones celebrating the downfall of Onlyfans and meme-ing that the girls on Onlyfans now have to find real jobs. Well, first off, sex-work is actual work. If anything, I think the men celebrating the plight of sexworkers are the same men who secretly enjoy pornography but don’t really pay for them. They hate women and feel slighted by not having the option of being able to take of their clothes and have swarms of women willing to pay for their time online.
The other interesting camp are from adult actresses who believe Onlyfans is offering a false sense of security among its creators. They are also giving naive young girls an “easy way out” by making easy money online. This is a more interesting take which I’m more keen on hearing. Apparently, Onlyfans is not very keen on its security and creators often have to deal with being hacked, stalked, and terrorized online. Not to mention that nudes online can easily be leaked and once your nudes are online, it’s there forever, often for free. Creators are also competing with one another. One girl posting for the first time is competing with several others who have bigger user bases, more content, and more experience with the platform. I do wonder how many people actually make a decent amount of money on Onlyfans and stick with it as compared to those who try it out for a few months and just flame out.