As with Tumblr, Ive never really used OnlyFans.
OnlyFans today announced (viaBloomberg) that it will bar creators from posting sexually explicit content starting in October.
Whether or not you use the app, OnlyFans is synonymous with porn.
According to Bloomberg, the company will provide further guidance on the policy at a later date.
It’s free, every week, in your inbox.
The company also acknowledges the move comes in the wake of pressure from banking and payment providers.
Obviously, OnlyFans thinks it can survive without the porn, or it wouldnt have bowed to pressure.
But one need only look at the example of Tumblr again to see how history could repeat itself.
According toStatista, Tumblr had over 520 million monthly visitors prior to its 2018porn ban.
In just a couple of months, that number dropped to 370 million.
Years later, the service has only continued to decline, hovering around 320 million users these days.
Actual engagement is likely much lower, with Tumblr rarely entering the public conversation about social networks.
Speaking of billion-dollar valuations, thats how much Yahoo paid for Tumblrback in 2013.
In 2019 Tumblr was bought by WordPress parent Automattic for just $3 million dollars.
Thats less than itd cost you to buy a shoebox apartment in some NYC streets.
I dont know if OnlyFans value will go down quite that much.
But I wouldnt be surprised if it did follow in Tumblrs decline either.
Its simple: the internet likes porn.
Dont give the internet porn and then take it away.
