How it works and how much money can be earned with OnlyFans
OnlyFans is a social network of British origin that works with subscriptions in exchange for content. As is well known, the content that has made this social network famous and successful is pornographic. And it is that, although the application was released in November 2016, it took off definitively during the confinements as a result of the coronavirus. At that time, the industry pornographic I was in the doldrums due to the impossibility of shooting new scenes. So actors and actresses decided to resort to this alternative to continue receiving income… without having to leave home.
The operation is simple. The content creator can register for free with a Twitter account or -failing that- it is enough to have an email and provide some information, such as username, date of birth, etc. Next, each content creator must establish a subscription fee, that is, how much do you want people to pay to see you. The minimum is $4.99 per month, which is normal for those starting out in this world. Although there are other users who have higher rates.
Of the benefits obtained from shared content, 80% remain with the user and the 20% stays the platform; dividing it in turn between Patreon, which keeps 5% and Just For Fans, which keeps 15%. According to the company itself, the platform has about 150 million users registered and more than 2.8 million creators with their subscription plans. In other words, it is a business with almost unlimited growth potential.
It is important to mention that although the highest percentage of photos and videos shared through onlyfans they fall within what we can consider “adult content”the platform is also open to other types of content, such as fitness, courses, music, games, fashion, etc.
How much money can you earn with OnlyFans?
This platform is the perfect example of the Pareto distribution. Once technology has eliminated geographic and supply borders, consumers are no longer forced to consume what the market offers. more accessible seller. Now they can buy from anyone… even if it’s 17,000 kilometers away. And in consequence, the bulk of the benefits are concentrated in those that offer the best quality product… whatever that means in each sector.
In the case of OnlyFans, the bulk of the profits are distributed among a few 100 content creators They generate more than 1 million dollars every month. We are talking about people like Bella Thorne, Cardi B or Tyga. The rest of the content creators they cannot enter -not even remotely- these sums and the vast majority of them have incomes below $1,000.