OnlyFans, the premium social networking platform synonymous with adult content is getting out of the adult content business. In a move akin to Dominos announcing its no longer selling pizza, OnlyFans said on Thursday that it will “prohibit users from posting any sexually explicit conduct, starting in October.”
According to Bloomberg, OnlyFans’ policy change stems from “mounting pressure from banking partners and payment providers.”
“In order to ensure the long-term sustainability of our platform, and the continue to host an inclusive community of creators and fans, we must evolve our content guidelines,” the company said in a statement.
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OnlyFans says creators will still be allowed to post nude photos and videos “as long as it is consistent with our Acceptable Use Policy.” It’s not clear what OnlyFans considers the line between “nude photos and videos” and “sexually explicit content,” but the company promises to share “more details in the coming days.”
“OnlyFans remains committed to the highest levels of safety and content moderation of any social platform,” the company added. “All creators are verified prior to being able to upload any content to OnlyFans, and all uploaded content is checked by automated systems and human moderators.”
This is a developing story…