OnlyFans ‘Explodes’ in Pandemic And Reaches 120 Million Users

OnlyFans: According to data released by the Financial Times, the adult entertainment website OnlyFans “Exploded” during the Covid-19 pandemic, reaching an impressive 120 million users. Additionally, the platform’s revenues were up 553% from January to November 2020, with subscribers spending approximately $ 2.36 billion on material published there.

In it, content creators can sell videos, photos, and posts on a pay-per-view basis, requiring amounts between $ 5 and $ 50. In turn, part of the money (20%) goes to the company. In this way, OnlyFans eventually also became an alternative for those and those who lost income as a result of the crisis – and the number of people using it jumped from 20 million before the new coronavirus to the current one.

In addition, Tim Stokely, CEO of the company, says more than 300 creators and creators are making more than US $ 1 million from the social network that is not suitable for minors and gives no indication that he will list it on the stock exchange.

Finally, the results must have come as a pleasant surprise to the executive, who stated in 2016 that it hoped to reach $ 417 million in the subsequent fiscal year, disregarding taxes.

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