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The CEO of OnlyFans wants to set the record for his app’s mind-bending decision to ban sexually explicit content: “We had no choice, the short answer is banks,” Tim Stokely told the Financial Times.
Late last week, OnlyFans, a subscription-based platform that allows viewers (“fans”) to pay content creators directly for their work, made an announcement that sparked outrage across the internet. The app would still allow nudity, but would ban “content containing sexually explicit behavior”, meaning sexual acts.
The message was confusing: While OnlyFans isn’t exclusively a porn site, it owes its success to a huge community of sex workers and artists for whom the app became a financial lifeline during the pandemic.
In April, Mastercard introduced a series of new requirements for adult content transactions. Platforms should, among other things, verify the age and identity of those who post and are depicted in online porn.
The problem, according to banks, is not prudishness. They avoid legal exposure.
IT COMES DOWN TO
It all comes down to the difficulty of distinguishing between consensual, legal images uploaded by entrepreneurs and illegal, abusive content uploaded by criminals. Mastercard is not standing up for the former while under pressure to filter out the latter. OnlyFans may want to take a moral stand for its creative community, but it’s also a business and it can’t make money without processing payments.
The question for OnlyFans is whether it can survive in its new, decidedly less sexy existence, or whether it will be the next Tumblr. We don’t bet here at Nightcap, but if we did, we’d be placing our bets on Tumblr.
NUMBER OF THE DAY
15,000
COME AGAIN?
No really, that’s the name of the Pfizer-BioNTech vaccine. Comirnaty. I’ve typed it at least 20 times today and I still can’t get my head around it.
According to the trade magazine FiercePharma, a real branding agency came up with it. The word is a mashup of “Covid-19 immunity” + “mRNA” in the middle, and is meant to evoke “community”.
It’s pronounced cow-mir’-na-tee, according to the FDA.
Of course, the internet had a field day with this.
It’s a very stupid name for something very good. Like when Netflix was briefly renamed ‘Qwikster’. But I think, with a gun to my head, I’d be the one I’d prefer over the other names under consideration, including: Covuity, RnaxCovi, Kovimerna, and RNXtract.
I really can’t wait to see what the Moderna vaccine will be called. Here’s a humble idea: the Moderna vaccine. Or ModernaVax, if you want to be sharp about it.
WHAT ELSE?
- Airbnb has pledged to provide free housing to 20,000 Afghan refugees.
- A data breach that affected dozens of companies and agencies, including American Airlines, Maryland’s health department and New York’s Metropolitan Transportation Authority, left millions of people’s personal information on the public internet for months, according to security researchers.
- The Federal Aviation Administration is investigating whether Boeing employees who should report aircraft safety issues are being pressured by the company not to raise concerns. Spoiler alert: It sure looks like they are.
- McDonald’s has been forced to stop selling milkshakes and bottled drinks in nearly 1,300 restaurants in the UK, citing staff shortages and supply chain delays.
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Sources 2/ https://www.cnn.com/2021/08/24/business/nightcap-onlyfans-comirnaty/index.html The mention sources can contact us to remove/changing this article |
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