Tim Stokely is an accomplished British tech entrepreneur and the founder and CEO of OnlyFans. After founding several online businesses, Tim launched the subscription social media platform OnlyFans in 2016 allowing creators to share content with their fanbase. Tim continues to stay on the forefront of creator and fan relationships as OnlyFans grows its global audience and is home to a range of creators inclusive of all genres including sports, music, fashion, comedy, and more. Tim leads the vision of OnlyFans which is at the forefront of social media and believes the future includes both paid and free social options. The OnlyFans social platform is home to over 120 million users, 1 million creators and has paid out over $3 billion in creator earnings.
The youngest of 4, Tim is part of a very close-knit family. Initially wanting to follow his father’s financial path, he instead took his own independent route which has paid off since his family now works alongside him. His first entrepreneurial endeavor was in school when he’d collect orders for the local fish & chip shop, marking up the cost for his mates. Tim holds a degree from Angila Ruskin University and is an avid American football fan and is a regular at West Ham United F.C. matches.
The Story of OnlyFans
OnlyFans is a subscription-based social media platform that empowers creators to build authentic relationships with their fans by sharing and monetizing curated content. By subscribing to a creator’s page, fans view exclusive content and communicate directly with their favorite creators, free from ads or algorithms. On OnlyFans, fans are truly in control of what content they consume, as they only see content from creators they subscribe to. Creators from all genres are making it one of the fastest growing social media platforms to date.
The idea for OnlyFans was sparked by tech entrepreneur Tim Stokely during a conversation with friends, as they discussed how the changing landscape of social media impacted the average consumer while it increased in importance to social media to creators. Stokely noticed that very few of the creators were seeing the monetary benefit of their content. This was both the inspiration and challenge that he set out to solve: create a platform that made it easy for all creators to monetize their content.
After watching the explosion of how user-generated content was shared on social media, Tim became fascinated with the relationship between creators and how digital algorithms impacted the way content is consumed and monetized. Stokely was focused on the everyday creator and finding ways for them to share their creativity free from content restrictions, expand their reach, and benefit monetarily.
Stokely set out to make a change. The team hit the ground running, pulling late hours to bootstrap the company: From writing code to create a minimal, easy-to-use interface to personally messaging early adopters to recruit them to join the community. In just six months, OnlyFans was born in 2016. True to the heart of OnlyFans, Stokely credits the platform’s word-of-mouth referral program for its initial success, which allowed entrepreneurs and creators to leverage their networks to bring others to the platform, further empowering them to financially contribute to their future. OnlyFans makes creators the ‘CEO’ of their content pages.
Now, with over one million creators on the platform, OnlyFans continues to put creators first, with over $3 billion in creator earnings paid out since its inception. Because of the liberal content policies, the site is truly inclusive of all genres and welcomes a range of talent including music artists, chefs, athletes, and more.
OnlyFans continues on the forefront of innovation with the introduction of new features for creators to further expand their reach and engagement. New live streaming capabilities and the launch of OFTV, a free on-demand video streaming platform and app, are slated for later in 2021. The future of the social media landscape is paid and free social media and the subscription social platform has always been on the forefront of this evolution. OnlyFans revolutionizes the creator and fan relationship, supports creativity and amplifies the voices of the creators everywhere.