A developer of adult content for OnlyFans who earned over $5 million (£4.2 million) from the site has chosen to defect and invest her money in a competing platform.
Florida-based After cautiously registering an account with her lover in January 2021, Bryce Adams’s page on OnlyFans became the most popular.
Adams told the Standard, “We began evaluating the competitors and acquired some of their products because we believed we could do it better.”
We conducted a number of experiments to determine what worked and what did not, and we viewed the endeavor as a business.
Adams has invested six figures in its competitor Fanvue, which features the work of artists in music, art, fashion, and cinema alongside material for an adult audience.
She remarked, “This is extremely fantastic because they are now allowing creatives to participate in the firm, which is the first time I’ve ever seen this.” “They want to hear from developers as soon as possible about what features they would like to see.”
Since the start of the epidemic, OnlyFans’ popularity has gone through the roof. The company now pays adult content creators millions of pounds and employs as many as 1,000 people.
The expansion of the company has not been without criticism. An investigation by the BBC discovered that the site failed to prevent minors from selling and appearing in pornographic videos. Adams says she hopes Fanvue will prioritize content control.
Adams stated, “We need to discover a truly successful and implementable solution, as opposed to a temporary band-aid.” “I have great faith in their ability to complete the task.”
The dedication of six figures to the series Adams’ first significant excursion into venture capital fundraising is a financing round, showing the extraordinary earning possibilities that modern technology has opened up for younger individuals who shun traditional careers. According to the job website Comparably, content producers earn an average annual salary of £74,000.
Adams suggests that the relocation may be the beginning of an investment career.
“If there’s an investment opportunity, I’ll test it out; we’ll see where it leads us; perhaps I’ll wind up making more investments in new platforms or other software enterprises.”
Conclusion
A developer of adult content for OnlyFans who earned over $5 million (£4.2 million) from the site has chosen to defect and invest her money in a competing platform.
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