Content subscription service OnlyFans is expected to stop its support for sexually explicit content this fall.
Many people are predicting the change to come in October and a lot of Sex-workers are upset and the subject is trending heavy on Twitter. Some debates on what will some of the Ladies and Men will do who have accumulated a lot of money off the OF hustle.
Back in June, it was reported that the company was seeking a valuation of over $1 billion as it looked to change its reputation from a website for pornography and other adult content. Advertisers had expressed concern regarding the prolificacy of sexually explicit content on the platform, which is unfortunately another reminder of how often sex work is stigmatized.
Additionally, many venture capital firms and investors are often prevented from investing in industries that include pornography, alcohol, or firearms due to concerns about tarnished reputations. This is all despite the fact OnlyFans brought in more than $2 billion in sales in 2020.
To learn more check out more here.