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Tyga is creating an OnlyFans competitor called Myystar

Myystar, which currently boasts over 50 thousand followers on Instagram, aims to empower creators on the new wave.

Tyga Getty Images

Tyga has come up with a solution for the sex workers who will soon have to stop sharing sexually explicit content on OnlyFans. On Friday (Aug. 20), the “Mrs. Bubblegum” rapper took to Instagram to announce that he is launching his own platform for content creators. “Just deleted my OnlyFans, starting my own platform @myystar8 more futuristic, better quality & only 10% fee,” he wrote. “Creators will also be able to make content of their choice!”

Myystar, which currently boasts over 50 thousand followers on Instagram, aims to empower creators on the new wave. T-Raww’s company is already dubbing itself “the future of paid content.” Interested content creators can apply now to receive an invite.

“I know how many people make a lot of money on OnlyFans, and that’s where most of their revenue is at,” Tyga told Forbes. “I want to give those people hope.

“I pay attention to the culture,” he added. “I’ve always liked to be on the pulse and see what everybody’s feeling.”

Before he deleted his account, Tyga was among the top five earners on OnlyFans, according to Influencer Marketing Hub. The site, billed as the leading industry resource for all things influencer marketing, states he’s earned approximately $8 million from his subscribers. The actress Bella Thorne, Blac Chyna, and Cardi B are the only people who have reportedly earned more.

Tyga joined OnlyFans in September and shortly after he launched his OnlyFans talent management company called TooRaww. Forbes states T-Raww currently has more than two dozen clients who belong to TooRaw. But it’s unclear whether Tyga will be able to match OnlyFans’ success and attract some of the site’s users who will need to find a new home for their content in October.

In its announcement this week, OnlyFans said the new changes “are to comply with the requests of our banking partners and payout providers.” An Axios report, released on Friday (Aug. 20) found OnlyFans has paid over $3 billion to creators since the site went live in November 2016.

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