Listen up, artists: the TikTok Creator Fund is now open for business, and it will be paying the top creators on the platform for their viral videos.
If you needed a sign to put your energy into expanding your TikTok following, here it is.
We’ll explain how to submit an application, who qualifies, and most importantly, how you’ll be paid from the TikTok Creator Fund.
The purpose of the TikTok Creator Fund
The TikTok Creator Fund was initially announced in July of 2020.
You read that correctly.
Those who put in the time and effort to create useful content will now receive monetary compensation from the service provider.
TikTok has pledged to invest $1 billion over the next three years to help creators make a living off the video-sharing app. This is on top of an initial $200 million investment.
In addition, they have kept their payout structure under wraps, but the general idea is that qualified creators with successful content = cash.
I was wondering how the TikTok Creator Fund functioned.
Simply put, the more attention and interaction an post receives, the more money you will make.
Because, let’s be honest, there’s a lot of effort, time, and money that goes into making content.
Indeed, the plethora of gifted creators who use TikTok to tell their stories and connect with audiences all over the world is what makes the platform what it is.
TikTok is paying influencers like Cheyenne Jaz Wise, Justice Alexander, and Michael Le to create content that will stop people in their tracks.
To that end, the TikTok Creator Fund is a great way for anyone, from teachers to dancers to artists, to turn their passions into a living.
The more creators we have, the better, so sign up now while you still can! See below for details on how to submit an application to the TikTok Creator Fund.
When it comes to the TikTok Creator Fund, who can apply?
Below are the minimum requirements you must meet in order to be considered for the TikTok Creator Fund:
You currently call one of the following countries home:
Your TikTok account is up-to-date and legal.
- With over 10,000 real people following your account, you must be doing something right!
- Before applying to the Program, your account must have received at least 100,000 genuine total video views in the preceding 30 days.
- Your Program account is associated with at least one active digital payment account (such as PayPal or Zelle).
A Step-by-Step Guide to Applying for the TikTok Creator Fund
It’s easy to apply for the Creator Fund on TikTok if you meet all of the requirements. The procedure is as follows:
- To access “Creator tools,” start by tapping the hamburger icon located in the upper right corner of your profile.
- Proceed to the next step and click “Creator Fund.” After that, you need to verify that you’re over 18 and read and accept the TikTok Creator Fund Agreement.
At this point, all you can do is wait for TikTok to make a decision and then let you know.
NOTE: If your application is denied, don’t lose hope; you have 30 days to reapply. See here for more information about how TikTok creators can monetize their work.
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In what ways are TikTok creators compensated?
Let’s get down to brass tacks: how much does the TikTok creator fund pay, and how is money distributed to creators?
For example, “video views, video engagement, and making sure the videos adhere to the Community Guidelines and Terms of Service” are all factors in determining how much money a creator receives from TikTok.
What this means is that the more eyeballs you can attract with your content, the more money you’ll make.
The total amount available from the Creator Fund “pot” varies from day to day depending on the platform’s and your videos’ respective popularity.
After three days, the money you’ve earned from views will be deposited into your creator account. After that, you’ll have up to 30 days from the time your video was uploaded before you can request a withdrawal of your earnings.
Make money on TikTok
For those looking to make money telling stories online, the TikTok Creator Fund has been a boon since its inception.
If you’re creating genuine content that has widespread appeal in your community and can demonstrate the aforementioned qualities, TikTok will have no choice but to accept you into the programme.
Seriously, what are you waiting for? Put your imagination to work for you by applying today.
Is it time to take your TikTok game to the next level? You can streamline the process of uploading and managing your videos on TikTok from a centralised control panel.