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OnlyFans might be banned from app stores, shunned by banks, and scorned by governments, but it's raking in billionsā$6.3 billion in 2024, to be precise. All with just 40 employees. Five years ago, its revenue stood at $300 million. So how did it multiply its profits to $649 million last year? Letās break it down: 1. 80% revenue share. Creators get to keep a whopping 80%, while platforms like YouTube offer 55%. This attracts top talent to stick with OnlyFans. 2. No app store cut. OnlyFans operates solely through web browsers, meaning they avoid paying Apple or Google that hefty 30% fee. 3. Perfect timing. As governments and banks started cracking down on traditional adult websites, OnlyFans slid right into the gap, offering an easier, more creator-friendly solution. 4. Integrated platform. Creators donāt have to worry about payments, compliance, or marketingāitās all handled. They focus on their content. 5. More creative freedom. Unlike traditional adult sites, creators have more control over what they share and how they monetize it. 6. Tiered subscription model. Top creators offer various subscription levels, adding more ways to earn beyond a basic membership. 7. Personal connection. Fans crave a more personal connection, and OnlyFans offers features like chats and personalized content requests. 8. Social media integration. Creators use Instagram, TikTok, and Twitter as gateways, funneling traffic to OnlyFans without direct promotion. These eight reasons have made OnlyFans a powerhouse in the digital world, turning a platform most people donāt want to admit they know about into a massive success story. Itās proof that no matter how many roadblocks, the right business model can still win. šāāļøā
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