Reviewed by: Tripta Naveen
Written by: Prerana Chauhan
Credits: onlyfans, Instagram
Entertainment
OnlyFans began in 2016 with a £10,000 loan from founder Tim Stokely’s dad, who called it his “last loan.” What started as a small family-funded project turned into a billion-dollar platform that transformed the creator economy.
Credits: timstokely, Instagram
Though OnlyFans is used globally, it’s actually based in London, UK. It’s one of the few British brands to make such a huge impact in the online entertainment industry, becoming a standout success story.
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OnlyFans creators have made a difference in tough times. In 2020, Kaylen Ward raised over $1M for Australian wildfire relief, showing how the platform can be used for more than just content—it can inspire charity too.
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In 2020, Beyoncé mentioned OnlyFans in her remix of "Savage," causing a 15% user spike. Thousands joined every day after the shoutout, pushing the platform into mainstream pop culture like never before.
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In 2021, OnlyFans announced plans to ban adult content due to banking pressure, sparking outrage. Massive backlash from creators and fans led to the platform reversing the decision just six days later, keeping things running.
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Many stars like Cardi B, DJ Khaled, and Floyd Mayweather joined OnlyFans. Cardi’s announcement caused a buzz, even though her content was family-friendly, proving the platform is for more than adult content.
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Bella Thorne made $1M in just 24 hours on OnlyFans in 2020, setting a record. Later, Bhad Bhabie broke it by earning $1M in only six hours, drawing even more attention to the platform and its earning potential.
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During the 2020 lockdowns, millions turned to OnlyFans for income or entertainment. The platform became a lifeline, with its creator base growing by 75% in just one month as people sought new ways to earn money.
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In 2021, OnlyFans earned a spot on Time Magazine’s 100 Most Influential Companies list. It was praised for empowering creators to monetize their work and fostering human connection in a unique and powerful way.
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The top 1% of OnlyFans creators make about a third of all revenue. While this reflects global wealth inequality, the platform still offers creators from all backgrounds a chance to earn and succeed.
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Thanks for Reading
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