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    What is TikTok creator fund ? Can it make you Rich in 2022

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    All creators are invited to join TikTok’s created money-making program to give the top and brightest for their popular content. The program is called TikTok Creator Fund.

    The app is the platform’s latest attempt to venture into the realm of social commerce. If there ever was the right time to work on expanding your TikTok community, now is the time.

    We’ll break down the details of what it is, how you can become a member of this fund, join the TikTok Creator Fund, and who’s qualified for it.

    What is TikTok creator fund?

    TikTok creator fund
    Source- Influencer marketing hub

    The TikTok Creator Fund was created to recognize creators for their content. The following is the statement of the fund:

    “To help our creators We’re in the process of launching The TikTok Creator Fund, which will encourage people who want to use their voice and talents to inspire careers. This US fund will begin with $200 million in order to create ambitious artists who are looking to make the possibility of earning a living through their creative content. The fund will be disbursed in the next year and will likely to grow during the course of time.”

    The fund permits creators to make money from original content in a variety of ways:

    • The Creative Learning Fund was set up during the pandemic to help educators join TikTok to impart their expertise
    • TikTok Live streams
    • TikTok Creator Marketplace connect creators and brands.
    • Video views
    • Video presents

    TikTok creator fund earnings

    TikTok affirms that there is no limit to the amount that creators earn on the platform. It also states that it doesn’t prioritize certain kinds of content over other types. However, it is yet to reveal its method to calculate payments.

    TikTok creator fund
    Source

    In the words of TikTok’s founders:

    The amount that a creator can earn is determined through a variety of factors, such as the number of views, the legitimacy of those views, the degree of engagement with the content, and making sure that content conforms to the Community Guidelines as well as our the Terms of Service.

    The range of what TikTok will pay you is anywhere from $0.03 or $0.04 for every 1,000 views. In other words, if you have two million views on a single TikTok film, then you could anticipate a payment of around $60 to $80.

    TikTok creators like @investwithdason–with a following of over 400k–earned $205.70 in two weeks with about 6.3 million views.

    How to join the TikTok creator fund

    To be a part to join the TikTok Creator Fund, first, you’ll have to sign up through the app using an existing Pro account.

    If you don’t have a Pro account, don’t worry; it’s easy to change your account!

    • Launch TikTok and click “Me” to go to your profile. After that, tap the three lines on the top of the right-hand corner. Then, go into “Manage account.”
    • Under “Account Control,” tap “Switch to Pro Account.” You can then select a Business Pro or a Creator account.

    Once you’ve completed the process, you’re ready to apply for TikTok Creator Fund :

    To begin, go to the account settings.

    • Then, click “Creator tools” and select “TikTok Creator Fund.” Make sure you confirm that you’re above the age of 18. Be sure to take the time to read and agree to the TikTok Creator Fund Agreement.
    • All you have to do is just wait for TikTok to inform you once they’ve decided.
    • Be careful not to get discouraged if you are denied; you can apply again within 30 days!

    TikTok creator fund requirements

    Although there is no limit to how many creators are eligible to become members of the fund (and maybe that’s the problem), a few requirements must be met to be eligible to be a part of this fund. TikTok Creator Fund. First of all, the fund isn’t open to all. If you’re located in France, Germany, Spain, Italy, the United Kingdom, or the United States, you’re eligible. The creators also need to:

    • At least 18 years old
    • You must have at least 10,000 followers.
    • At least 100,000 genuine video views in the past 30 days.
    • Accounts that are compatible with the TikTok Community Guidelines and the terms of service
    • At a minimum, one digital account (such as PayPal) that can be utilized as a payment method

    Advantages & Disadvantages of TikTok Creator Fund

    money
    TikTok Creator Fund Advantages

    Advantages

    Money

    It’s no surprise that being paid for work is always a positive factor, and payments from TikTok are a benefit. Even if the amount is tiny, it is the perfect incentive to keep uploading.

    Friendship

     Creator Fund is also an excellent way to build the community and distinguish users who have demonstrated commitment to the site. From the perspective of TikTok, it’s a great method to keep their top-performing users committed to the app instead of moving onto YouTube as well as Instagram.

    Disadvantages

    Conspiracy

    Certain users had stated that their opinions were reduced (by algorithms?) when they signed up for the Creator Fund. TikTok has refuted this claim by stating that its membership in the fund does not have any impact on the system. However, other observers believe that views may appear lower due to the fact that there are a lot of Fund users that are flooding the feed.

    Is there anything to worry about regarding the TikTok creator fund? 

    The fund is at its beginnings it is there isn’t much information about it or the way it will work. Furthermore, in accordance with the terms of its agreement, the creators have to keep the details of the metrics used to report and other information that is not publicly available secret. Therefore, there’s no information regarding it at the moment.

    There aren’t any major risks; there are complaints that the fund doesn’t have transparency. The fund hasn’t provided any clear explanation on how payouts are determined, and their top influencers are in the shadows.

    TikTok informs users on-site its website will not affect their followers or views in any way. If you find that the amount of views you’ve received has decreased following the time you signed up for the service, that’s due to changes in the app that you’ve noticed from now on that they are not unusual.

    It’s too early to know if this is an attempt to keep influential users from moving away from TikTok and focusing all of their attention on platforms such as Instagram instead or an honest effort to reward the most successful creators in a fair way.

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