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OnlyFans was founded in 2016 by British entrepreneur Tim Stokely as a subscription-based platform where creators could monetize content directly from fans, initially targeting fitness influencers and lifestyle personalities.
The platform's growth accelerated during the COVID-19 pandemic, and it has become extremely popular in the adult entertainment industry.
In 2018, Tim Stokely sold 75% of OnlyFans’ parent company to Ukranian-American billionaire Leonid Radvinsky, and later stepped down as CEO in 2021.