If you think you meet all the requirements for eligibility mentioned above, here we will show you the TikTok creator fund application process. After enthusiasm from users, TikTok promised to grow the fund to over $1 billion, to be paid out over the next three years. TikTok’s Creator Fund started as a $200m commitment in July to be distributed among US-based TikTokers trying to build careers on the platform. TikTok is again under the line of fire, but this time, the creators are showing their disappointment over the funds being distributed by the Creator Fund within a month of its creation. TikTok Creator Marketplace (TCM) is the official platform for brand and creator collaborations on TikTok. And while TikTok’s Creator Fund is currently limited to those within the US who are 18 years or older, these restrictions are also expected to be expanded. For instance, Casey said he earns about $4,000 a month from TikTok's Creator Fund, a sharp difference from the millions he has earned to post the same types of videos to Snapchat. Nogueira is aware of that not all users in the fund are having the same success she is. After launching a $1 billion Creator Fund in August to compensate creators for their videos, TikTok is sharing details about how funds are calculated and the forthcoming Creator Fund wallet in an effort to address theories about how the fund operates.. Why it matters: TikTok’s transparency about payments … What is the Creator Fund? TikTok launched the Creator Fund on Tuesday 1 September as the first step towards “a new world of … As we continue to make progress with the program, we're excited to announce that the Creator Fund wallet will soon be available. TikTok’s Creator Fund wants to celebrate TikTok’s best and brightest by giving them the opportunity to earn money through their creative content, starting with $70 million (approximately £54 million) of funds available to thousands of creators across the UK, Germany, Italy, France and Spain. Everest claims his videos are not showing up in the For You Page, and seem to be circulating less broadly than before he joined. In practice, it’s much different, however. In actuality, many users have found themselves disappointed by the payouts from the TikTok Creator Fund, as the CPM (amount of money paid per every 1,000 views) is meager. If you've seen users on the For Your Page asking for likes and shares so they can make some money, they're likely referencing the Creator Fund. What is uniquely TikTok about the Creator Fund is that a video has the opportunity to reach global audiences. Back in July, TikTok announced the Creator Fund Program, an initiative that promised to pay eligible TikTokers for their videos. Super smooth!" "When I feel like I have it figured out the algorithm, my videos donât do well. She was fired from her day job right before reaching a million followers, and decided to lean into TikTok for financial support instead of finding a new gig. The TikTok Creator Fund is basically a program to which eligible TikTokers in the US can apply to receive a certain sum of money. Instead, the fund may have backfired and increased the overall distrust of the app. These TikTok Creator Fund terms and conditions (the “Creator Fund Terms”) govern your (any participating individual or entity is referred to as “you,” “your,” or “Creator”) participation in the Creator Fund Program (the “Program”) on the TikTok platform (the “Platform”). Tap the three dots in the upper right-hand corner (yes, again), then tap “Leave the TikTok Creator Fund,” located at the bottom of your screen (in super tiny font). But despite the ease of joining, and the ubiquitous videos referencing it on the For You page, people who aren't part of the program say it's not totally clear how TikTok's Creator Fund works. … From well-known creators to stars on the rise, we're thrilled to be able to support and reward those who contribute to the ever-evolving and growing TikTok community. Start watching to discover real people and real videos that will make your day. Take a deeper look at the content with this new feature in addition to top videos, creators, songs, and effects. We then looked at the data more broadly - at the performance of creators in the fund, and those outside of the fund - and found viewership performance was the same. Direct link. The TikTok Creator Fund was announced in 2020, and its purpose is to support TikTokkers financially, and help them earn money through their views. The grant can be used to fund educational resources, production equipment and other creative tools. TikTok Creator Fund Eligibility Before we talk about the creator fund application we should first discuss who is eligible to participate or get a share from this fund. In just a couple of weeks, creators will be able to transfer funds from the Creator Fund to their linked payment method, and at the end of each month, creators will be able to withdraw their earned funds and enjoy the fruit of their creativity and passion. Follow @TikTokCreators, the official account for TikTok Creators, for more Creator Fund resources and tutorials from the TikTok Creator team. Not sure if you've seen the theories, but when a platform makes a big change like this, it's easy to anchor any change in views on the new thing rather than other possible explanations. Who Is Eligible For TikTok Creator Fund? Though they’ll have to wait until the end of the month to withdraw their funds. We found that video viewership continued to fluctuate, though a majority of users' video views increased after joining the program. A spokesperson told Newsround: "It will be based on each individual creator… For TikTok creators looking to turn their burgeoning accounts into a full-time job, the Creator Fund sounded like a dream come true. Since joining the fund, however, he says his engagement has gone down, a claim echoed by other users across the app. Jayus, 21, went viral a year ago after making a TikTok about psychology facts she learned in school. trying on a $32 prom dress she couldn't afford, other platforms pay creators more per view. It quickly expanded to a promised $1bn over three years, with a European fund following in September aiming for $300m over three years. 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