In September 2016, a game-changing content subscription platform came into existence. Using the platform, users gained access to exclusive content through the London-based startup (Photos and Videos). To watch the entertaining content at any time, people can subscribe to a monthly subscription plan ($4.99 to $49.99). Millions of artists, celebrities, fitness enthusiasts, influencers, models, photographers, and athletes use only onlyfans platform.
Thanks to better internet connectivity and increased smartphone usage, it is an ideal time for entrepreneurs to build a modern Onlyfans clone. They can approach any reputed app development firm to seek their services. Certified developers will build a solid Content Management System (CMS), a dependable admin dashboard, and a user-friendly web panel. It will assist tech entrepreneurs in their subscription-based business success.
What Are Some Interesting Facts About The Content Subscription Platform OnlyFans?
- It works on the 80:20 business model. In the year 2020, OnlyFans earned a whopping $400 million. It charges a 20% commission from content creators on their total earnings. As a result, the remaining 80% goes directly into the pockets of artists and influencers.
- More than 1 million content creators have registered on the OnlyFans platform. Furthermore, within five years of its launch, the number of users had crossed 100 million. Last year, the British startup paid $2 billion to all artists and content creators.
- Each artist earns about $180 per month on average. The top 10% account (based on the number of followers and membership) took home 73% of total revenue.
What Are The Benefits of Posting on The OnlyFans Clone For Content Creators?
- Monthly subscription plans, pay-per-view (PPV) messaging, and tips paid by fans are all ways they make money. For example, many people have left full-time jobs in various industries to join the OnlyFans platform.
- In addition, many students have paid off their loans using the revenue of the subscription platform. As a result, it shows how the London-based startup is a premium content powerhouse.
- While providing their voice for a film, actors, rappers, and singers will face difficulties getting paid. On the other hand, the OnlyFans clone platform will ensure that they receive their required payments on time. Content creators can choose from three different payment options (daily, weekly or monthly).
- There is no limit on how much money you can withdraw. Artists and influencers can withdraw 100% of their earnings (SWIFT) through Automated Clearing House (ACH), Original Credit Transaction (OCT), Paxum e-Wallet, and Society for Worldwide Interbank Financial Telecommunication.
- After the Digital Millennium Copyright Act (DMCA) of 1998, there is a platform like OnlyFans. Infringing photos and videos may be reported by content creators. The technical support team will review their notices and immediately remove copyright-infringing material.
What Sets The OnlyFans Clone Platform Apart From Others?
Users can buy branded merchandise from online stores similar to Onlyfan. Hats, coffee mugs, face masks, hats, hoodies, leggings, stickers, sweatshirts, and t-shirts are all available for purchase. Customers can also use American Express, Discover, Google Pay, Japan Credit Bureau (JCB), MasterCard, PayPal, and Visa to make necessary payments.
For example, artists can refer new content creators to the OnlyFans clone script in exchange for rewards. They receive a commission based on the total income of the referred person. Once a new user signs up using the unique code, referral income is automatically applied. The Unique Selling Point (USP) of content creators is to create an unlimited number of referrals. As a result, their total earnings will be unlimited.
The OnlyFans clone features a social media login mechanism that allows both the content creator and the user to sign in quickly. Their Facebook, Google, Instagram, and Twitter accounts can all be synced directly.
Technical support is available 24 hours a day, 7 days a week – Entrepreneurs can build user confidence by providing round-the-clock technical support. Members can resolve live content streaming, payment processing, and merchant substitution issues.
Artists and content creators can use the Help Center to resolve issues such as copyright infringement, deposits and withdrawals, and photoduplication.
How Can Entrepreneurs Build a Platform Similar To OnlyFans?
They can seek funding from leading venture capitalists (VCs) to expand their operations. Techpreneurs can raise millions of dollars in funding. As a result, they will be able to attract more artists and content creators.
Entrepreneurs can earn additional money in addition to the standard 20% commission. They can hold live concerts, run advertisements, charge transaction processing fees, sell branded merchandise, and charge transaction processing fees.
OnlyFans, for example, is gaining traction by collaborating with athletes, brands, celebrities, chefs, influencers, and rappers. It has paid out $3 billion to over 1.25 million content creators since its launch in September 2016.
How Much Does It Cost To Develop The OnlyFans Clone Script?
To make a fantastic OnlyFans clone, you must go through a number of steps. In a matter of days, an app development company will devise a multi-pronged strategy to launch a content subscription platform.
The significant costs will be determined by the number of basic and premium features selected, the hourly/weekly rates paid to front-end and back-end developers, the level of customization required by the entrepreneur, multi-platform compatibility, the nature of the tech stack, and the amount of time spent.
Entrepreneurs can also take advantage of a variety of post-deployment services. They have the potential to expand their subscription-based business to new heights. Bug fixes, digital marketing campaigns, maintenance, software updates, technical support, and third-party API integration are all available to technopreneurs.
Final Thoughts
Above all, OnlyFans will surpass $1 billion in market capitalization in the coming months. It provides income-generating opportunities for several talented artists. Using the OnlyFans platform, many content creators can pay off debt and rent.
The British startup has grown into a powerhouse in the online entertainment industry. The fact that it is uncut is the main reason for its success. As a result, artists, influencers, and rappers can freely share their exclusive content and make it the ideal example of liberty devoid of government control.