Step 2: Access Creator Tools From here the process is simple. In five months, she made slightly more than $200 via the fund. The TikTok Creator Fund is still in its early stages. I think what [creators are] experiencing is an influx of people being like, Oh, moneys involved now so Im gonna step up my content. If those requirements are met, creators earn revenue sourced directly from the fund. If youre based in France, Germany, Spain, Italy, the United Kingdom, or the United States, youre eligible. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Click on "Me," to access your TikTok profile. Your email address will not be published. For example, if youre active on YouTube as well you can take advantage of the video-sharing platforms established advertising system. If you dont have one yet, you simply click on Me and then on the three horizontal lines in the top right-hand corner. *Disclaimer: this blog post is not intended to be legal advice. No! For example, one user claimed that she made just slightly over $200 in five months by means of the fund. There isn't a fixed amount of money that we'll allocate to creators and we don't put a cap on the amount of funds released daily. [Bonus TikTok Influencer Earnings Esti with more or less similar view counts and same size of audience, the TikTok Creator Fund falls far short. According to Business Insider and VICE, even the region in which the creators videos were viewed can be used as a factor. [UPDATE - March 25, 2021]: Beginning March 25, 2021, creators will need at least 100K authentic video views in the last 30 days to be eligible to join the Creator Fund. These cookies allow us to count visits and traffic sources so that we can measure and improve the performance of our site. Submit and wait. Although TikTok has promised to address users concerns, it may be too late to earn back creators who have already left. Once you have activated the Creator Fund on your account, you will start to receive money in accordance with the views and interactions on your videos, for as long as you still meet the TikTok requirements. Thats part of the magic of TikTok, and arguably one of the things that has drawn so many creators to the platform. You can withdraw the money you make, but beware! Delete and Restart the App 2. Once you have accessed this section, confirm that you are over 18, then read and accept the Terms and Conditions. On social media, creators shared that they were paid only a couple of dollars per day, even though their content received as much as 100,000 views. For this reason, TikTok chose to refer to it as a fund instead of a grant or an ad revenue sharing program. There are various factors that will impact how much creators can potentially earn. There is no exact formula to know the amount of money you will receive for a video. This cookie is set by GDPR Cookie Consent plugin. This website or its third-party tools process personal data.In case of sale of your personal information, you may opt out by using the link. This includes meeting specific thresholds for views and engagement. tiktok tax information creator fund 250.1M views Discover short videos related to tiktok tax information creator fund on TikTok. A drop-down menu will appear. After seeing what it did to my account, it just wasnt worth it, Ward said. Some creators have accused TikTok of purposefully suppressing their content. But for this, they must meet a few initial requirements. The cookie is used to store the user consent for the cookies in the category "Performance". Instead, it is a way for TikTok users to share revenue with successful creators and influencers on the network. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. That works out to as much as $25 per 1,000 views more than 500 times the amount that Victory Rhyder claimed to earn. Creator Fund update. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. All rights reserved. You can see this fear of being shadow banned play out as people tried to spread information about the fund. The funds may be withdrawn up to 30 days after a video was posted, and are transferred from the creators TikTok account to the creators linked digital payment account (e.g., CashApp, Venmo, or Zelle). The TikTok Creator Fund is a relatively new monetary program that the platform started to help reward the. Im gonna post more, Jeff Couret, a TikTok creator who specializes in digital marketing, said. Have at least 100,000 video views in the last 30 days, Have an account that fits with our TikTok Community Guidelines and terms of service. If you have been locked out of your account for other reasons, you may. In July 2020, TikTok announced they'd be launching a $200 million fund "to encourage those who dream of using their voices and creativity to spark inspirational careers." They then announced that they expect the fund to grow to more than $1 billion in the U.S. over the next three years. For more information, you can read our cookie policy. Yet only a few weeks after the funds launch, many creators have already left. Please enable Strictly Necessary Cookies first so that we can save your preferences! TikTok Creator Fund: What It Is and How to Sign Up. Heres everything you need to know about the fund. The following are some of the types of videos that you can create to help you get more followers and increase your chances of getting accepted into the TikTok Creator Fund: The more engagement your videos generate, the more money you'll see in your account. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. This tool was created to provide potential earning guidelines to influencers. Upgrade your lifestyleDigital Trends helps readers keep tabs on the fast-paced world of tech with all the latest news, fun product reviews, insightful editorials, and one-of-a-kind sneak peeks. Moreover, with TikTok pledging to allocate $2 billion to the fund over the next three years, there remain a variety of lucrative opportunities for content creators on the app. Because of this, they have opened what they call the TikTok Creator Fund. Like the majority of social networks, TikTok is a great platform to use for influencer marketing and the highest paid users on TikTok make as much $5 million in a year. TikTok tiene un fondo de 1000 millones de dlares que se emplea para poder impulsar a tanto como pequeos y grandes creadores, esto ha generado que los mismos tengan una mayor motivacin de hacer uso de la aplicacin, por ende atraer ms pblico. This feature is another way how the platform can be used to enter the world of social commerce. According to Business Insider and VICE, even the region in which the creators videos were viewed can be used as a factor. After realizing that content creators are the ones that breathe life into this social media platform, TikTok has created a monetary fund for creators, so as to offer an income to those making videos. What does it mean that one has to be based in USA? One of the videos has received over half a million views, and the audio has been used by 141 other accounts. The funds that each creator can earn are worked out by a combination of factors; including the number of views and the authenticity of those views, the level of engagement on the content, as well as making sure content is in line with our Community Guidelines and Terms of Service. - Engage with your followers regularly We also use third-party cookies that help us analyze and understand how you use this website. You can get more information and configure your preferences here. In an interview with Business Insider, one TikTok influencer, Victory Rhyder, revealed that she earned only $2.89 per day by means of the fund for a period of five days in August 2020. Early participants included the likes of Michael Le (whos already one of the highest paid stars on TikTok), Cheyenne Jaz Wise, and Justice Alexander. Integrations The TikTok Creator Fund was meant as a key step for creators to monetize their content. In just a short space of time, TikTok has become one of the most used social media sites in the world. In July 2020, TikTok launched its Creator Fund as a way to show its appreciation for its community of creators and empower them to earn money for doing what they enjoy. View this $899000 7 bed, 4.0 bath, 2212 sqft single family home located at 1595 Elua St built in 1944 on Zillow. We have committed to 231 million over the next 3 years to the Creator Fund. Please keep in mind that this is a community run subreddit. Can joining the Creator Fund negatively impact my videos views or followers as some creators are reporting? The cookie is used to store the user consent for the cookies in the category "Other. There are tens of thousands of creators across Europe that are eligible for the fund and over half of all eligible creators have signed up already; so what are you waiting for? To access your Creator Fund Dashboard, first go to your profile and select "" to open your settings. Click on Creator tools and choose TikTok Creator Fund. Once TikTok has processed your request to join, theyll let you know if youve been successful. To make big money on TikTok like the handful of creators who pulled seven-digit salaries last year you still need to go outside the app. Whats more, according to TikTok's website, as of March 2021 half of all eligible creators in Europe have already signed up. - Get to know your audience It does not store any personal data. Instead, the fund may have backfired and increased the overall distrust of the app. The sky is the limit! Start today and earn money with your own content on TikTok. The downside of this, he added, is that if your content stops making the For You page, people quickly blame TikTok rather than their own content. Educators. New to TikTok and fancy tuning in? We want to show our appreciation to our brilliant creator community by rewarding them for their incredible TikTok videos and creativity. The minimum you can withdraw is $10. - Use user-generated content (UGC) Similarly Amber, who has close to 80,000 followers, saw her views go from the tens of thousands to the low thousands. Here's the Baseline Criteria for Admittance. If you already have a Pro account, you can ignore the first step and start here. As your videos dont perform the same, this means that your reward will also vary. Please contact the moderators of this subreddit if you have any questions or concerns. Officially launched on the 1st of September 2020, TikTok Creator Fund was not a grant revenue-sharing program. The Creator Fund is not a grant or ad revenue sharing programme. We have no official affiliation with TikTok. We want all creators to have the opportunity to earn money doing what they love and turn their passion into a livelihood. The TikTok algorithm uses a variety of metrics to determine the revenue owed a creator for their videos. [UPDATE - March 25, 2021]: Beginning March 25, 2021, creators will need at least 100K authentic video views in the last 30 days to be eligible to join the Creator Fund. From there, tap the three lines in the upper right-hand corner and click manage account. It seems there's so many problems and confusion involved with creator fund. This worked out to about $0.04 for every 1,000 video views during that time. It's probably a good idea to actually read through the TikTok Creator Fund Agreement before you agree to anything. Whats more important is the strength of your following. ), Cheyenne Jaz Wise, and Justice Alexander. I wanted to leave and just have fun creating content for my followers.. Have at least one valid linked digital payment account (such as PayPal) which can be, There are various factors that will impact how much creators can potentially earn. When TikTok announced a $200 million Creator Fund to directly pay creators for their content, it should have been a reason for TikTok creators to celebrate. Use a different device 3. However, these arent the first rumors of content suppression and the accusations fall into a greater pattern of mistrust between TikTok creators and the app itself. Next, select TikTok Creator Fund. original sound. This is a huge growth in less than a year (only 19 accounts were chosen by TikTok as the first recipients from the fund). Now, when I click the creator fund button, it asks me for my tax information. Required fields are marked *. As of March 2021, to be eligible for the Creator Fund, a TikTok user must: be based in the US, UK, France, Germany, Italy, or Spain; be at least 18 years old; have at least 10,000 followers; have at least 100,000 video views in the last 30 days; and have an account that corresponds with the TikTok Community Guidelines and Terms of Service. Its key that you have loads of active and engaged followers if your goal is to make money on TikTok. I haven't been paid a dime from the Creator Fund, every time I try to apply I get the 'Technical Error, wait 24 hours and re-apply' message. Although TikTok. Unlike ad revenue sharing programs, the Creator Fund is comprised of money that TikTok has specifically allocated to content creators that meet the programs requirements. According to TikTok, this calculation is made based on the videos views, video engagement, and if it complies with the community guidelines and terms of service. Several creators attributed the sudden shift in views to increased competition rather than anything intentional on TikToks part. Sign up to the Creator Fund today and start earning money doing what you love. Basically, the more engaging your video is, the more money youll receive. This vi. Artists. They have created one for the United States and another for Europe. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. I have already done the following: 1. Essentially, when the Creator Fund monetized views, it monetized an aspect of the app that is very difficult for creators to understand or control. To help you get more followers on TikTok, heres what you need to do: Within your TikTok app, navigate to your account settings and click Creator Tools Click on TikTok Creator Fund to start your application It takes about 3 days to process your information Is joining the TikTok Creator Fund worth it? Creators will then have up to 30 days after the video was posted to withdraw the payment. It's simply a method for TikTok to split the revenue with successful producers on the network. These cookies ensure basic functionalities and security features of the website, anonymously. First I had to fill in my name and then was redirected to the webpage tax form. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. TikTok hasnt specified exactly how much it pays per view, and many creators reflected Kathys frustration at earning so little despite thousands of views. Silvino E. Diazs practice ranges from Civil and Commercial Litigation to Entertainment and Intellectual Property Law. Once you have a Pro Account, head to "Creator Tools" under Settings. So, obviously, creators want their piece of the pie. The algorithm behind the For You page is mysterious and addictive. Code, Title 18, Sections 287 and 1001, and Title 21, Section 3729). After that, tap the three lines on the top of the right-hand corner. After that, you should then fill in the following information: Full name . Digital Trends Media Group may earn a commission when you buy through links on our sites. Generally, the information does not directly identify you, but can provide you with a more personalised web experience. After all, weve seen that many young influencers are making a pretty decent living by means of their activities on the platform. For starters, its not open to everyone. Upon termination, TikTok shall have no further payment obligations hereunder, provided that if the balance owing to Creator at the time of termination exceeds the minimum payment threshold of $50.00 USD, TikTok will pay all such undisputed amounts that accrued in compliance with these Creator Fund Terms within a reasonable time after termination. - Create and participate in challenges Why have you started the Creator Fund? Also, theres no maximum amount that a creator can earn. Early participants included the likes of Michael Le (whos already one of the. This cookie is set by GDPR Cookie Consent plugin. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. This cookie is set by GDPR Cookie Consent plugin. Taking all of this into consideration, its best to make use of the other monetization opportunities that TikTok offers and other revenue streams such as merch sales, brand deals, crowdfunding via your community on TikTok, and the creator marketplace where influencers and brands can connect. Fill out this form and a member of our team will contact you shortly to schedule a consultation. Why create on TikTok? This feature is another way how the platform can be used to enter the world of social commerce. We highly recommend speaking to an attorney if you have any legal concerns. [UPDATE - March 25, 2021]: Beginning March 25, 2021, creators will need at least 100K authentic video views in the last 30 days to be eligible to join the Creator Fund. Silvino has earned a reputation as one of Puerto Rico's foremost advocates for independent musicians and artists. - Social media challenges Confirm that youre 18 or older and agree to the TikTok Creator Fund Agreement (after youve read all the Ts and Cs, of course). Hive Social is my favorite Twitter alternative, but thats not saying much, Musk says some impersonation Twitter accounts face permanent ban, Clear Mode on TikTok: Heres what it is and how to use it, Elon Musk plans to lay off 75% of Twitters staff, report says, Is TikTok leaking drafts? TikTok Creator Fund Tax Error HELP So, I am applying for the creator fund. Let's change the game. The good news is that if you were declined the first time around, you can always try again after 30 days. Mega tutorial - Use hashtags The TikTok Creator Fund is a relatively new monetary program that the platform started to help reward the top TikTok influencers financially. -, How to Join TikTok Creator Fund, Step-by-step. Your email address will not be published. *The following comments are not intended to be treated as legal advice. - Create relevant content consistently I've entered that I'm an Individual, my name and email address. How Can You Join the TikTok Creator Fund? Are based in the US, UK, France, Germany, Spain or Italy. From there, tap "Creator tools" and then "TikTok Creator Fund." You can withdraw funds ($10 minimum) 30 days after the month ends in which they were accrued and transfer to your preferred payment method (PayPal or Zelle). Call us at (786) 837-6787, or contact us through the website to schedule a consultation. By Vanessa Pappas, General Manager, TikTok US. Open your account settings and click on Creator tools. It is possible that they do not accept your TikTok Creator Fund application even though you meet all the requirements. When VICE interviewed a couple of users who joined the TikTok Creator Fund at the beginning of 2021, their findings werent much different. Anyone's video can make it on the For You feed. To understand the fears surrounding the fund, you first need to understand how the Creator Fund compensates users and why its complicated. To avoid being censored, some veiled their criticism of the Creator Fund with fake makeup videos. Creator tools are advanced features that give you insight into your content, like information on how your content is connecting with others on TikTok, how to develop a content strategy, and how to engage the people watching your videos. To help others get a slice of the pie, TikTok introduced another avenue for creators to make money. . The Creator Fund is in its early stages, and we're continuously exploring new ways to improve the experience for our creator community and the way creators . The Creator Fund is in its early stages, and we're continuously exploring new ways to improve the experience for our creator community and the way creators are rewarded. So, dont dismiss TikTok altogether just because its Creator Fund isnt that profitable at this stage. Creator tools on TikTok Jump to a section About TikTok's creator tools How to access creator tools Features in creator tools About TikTok's creator tools. It's not income garnered from advertisements, rather a profit sharing program TikTok has implemented to spread the wealth among high performing users. For example, when Business Insider interviewed a couple of YouTube creators, they revealed that they made anything from $500 to five times that amount for a video with about 100,000 views. To work out your earning potential on TikTok, you can, for example, check out Influencer Marketing Hubs TikTok Money Calculator. The cookies is used to store the user consent for the cookies in the category "Necessary". Safwan AhmedMia, who goes by SuperSaf on TikTok, shared Green's video along with a screenshot of his TikTok earnings: 112.04 (about $151). Creators who meet the following criteria are eligible to apply to the Creator Fund: How do creators apply for the TikTok Creator Fund? My first couple of days I only made $2, which was confusing because all my videos were over 1,000 views, Kathy, a TikTok creator, said. If you want to withdraw your money, all you have to do is the following, and three days later you will see the money in your account: What do you think? In this case, you can try to apply again after 30 days. In these posts, the audio instructs the user to comment on the video as though it were a completely normal makeup tutorial. The voiceover then describes how the fund decreases viewership and advises creators to leave it. Whether you are a creator with questions, or simply want to know more about what we have on offer to help our community turn their creativity into a career, here is everything you need to know about our new Creator Fund: The Creator Fund is not a grant or ad revenue sharing programme. This is a huge growth in less than a year (only 19 accounts were chosen by TikTok as the first recipients from the fund). Introducing the $200M TikTok Creator Fund. Once you've completed the process, you're ready to apply for TikTok Creator Fund : Here's how to do it: First, tap the hamburger icon in the top right corner of your profile and head to "Creator tools." Next, tap "Creator Fund." Then, confirm that you are over the age of 18, and be sure to read and accept the TikTok Creator Fund Agreement. For example, when Business Insider interviewed a couple of YouTube creators, they revealed that they made anything from $500 to five times that amount for a video with about 100,000 views. The initial reaction didnt bode well. The Creator Fund is in its early stages, and we're continuously exploring new ways to . Creators receive funds based on a variety of factors from their videos, and creators will know that performance on TikTok is dynamic - it changes naturally - so your funds will ebb and flow in the same way. Who is eligible for the TikTok Creator Fund? Creators who meet the eligibility requirements can apply within the TikTok app through their pro/creator account. Is there a limit to the size of the Creator Fund? The TikTok Creator Fund is a relatively new monetary program that the platform started to help reward the top TikTok influencers financially. TikTok content creators can apply for funding through the Creator Fund and thus generate income from their posts. This isnt the first time creators have suspected TikTok of intentional content suppression; the app has faced accusations in the past of shadow banning certain content, particularly footage of Black Lives Matter protests. Enter the information requested, confirm it and then hit Report to request a replacement card. How many creators in Europe are you expecting to take part? Dancers. They help us to know which pages are the most or least popular, and to see how many people visit the site. I am a bot, and this action was performed automatically. You can, for example, take a look at our. The long and short of it is that with the TikTok Creator Fund, participants get paid for publishing quality content. Report a problem. Then, go into "Manage account." Under "Account Control," tap "Switch to Pro Account." You can then select a Business Pro or a Creator account. Creators receive funds based on a variety of factors from their videos, and creators will know that performance on TikTok is dynamic - it changes naturally - so your funds will ebb and flow in the same way. Like most websites, we use own and third party cookies for analytical purposes and to show you personalised advertising or based on your browsing habits. The TikTok Creator Fund is a monetary fund for creators on the platform. There's no limit on the number of creators who can join. The TikTok Creator Fund is still relatively new and, at this stage, not a lot of information is available. It's however neither an ad revenue-sharing program like YouTube's AdSense nor is it an arts grant. The Creator Fund total varies daily and is dependent on the amount of videos published by our community that day - so this will fluctuate based on the amount of content being published. I dont think they actually want to pay [creators], Cee, a creator who is currently considering leaving the fund, said. Tiktok is trying to make me fill out tax form for creator fund??!! Hi Dorothy, you can try, I dont know if the app will allow you to continue with the process or not because we have never tried it. Creators must also: Have at least 100,000 authentic video views in the last 30 days, Have an account that fits with TikToks Community Guidelines and terms of service, Have at least one valid linked digital payment account (such as PayPal) which can beused as a payment method. [UPDATE - March 25, 2021]:Beginning March 25, 2021, creators will need at least 100K authentic video views in the last 30 days to be eligible to join the Creator Fund. The content itself should also adhere to TikToks Terms of Service and Community Guidelines. Read the fine print. While there arent any glaring risks, there have been complaints about how the fund lacks transparency. Since its launch in 2020, TikToks Creator Fund has become one of the largest sources of TikTok income for content creators. I Have Activated TikTok Creator Fund: Now What? MLS # 202225240. #asktiktok #error #help #helpme #tiktok #tiktokcreator #creatorfund #creator #fyp #fyp #techtok #technology original sound 60 adventures_of_mom TheRedJenni 2380 views 60 Likes, 32 Comments. In short, if you qualify, the amount that youll earn will depend on how much engagement your content gets. Autolists It might be 2021, but the old proverb about not placing all your eggs in one basket (or in this case one platform) still rings true. I meet all the criteria to become a creator and have grown so frustrated that I'm considering leaving the app altogether. These cookies track visitors across websites and collect information to provide customized ads. How does the Creator Fund calculate funds due to creators? Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Should you join too? Birdboi1231 2 yr. ago It did not show up as an option to verify my age, I read a bit more about it and it said if my application is not excepted in 30 days they will give me a new aplication kmaet11 2 yr. ago If you do see that the number of views youve received dropped after youve joined the platform, its because of in-app fluctuations which youll know by now are normal. Para acceder a este beneficio se deben de registrar en el sistema de Creator Fund. The fund pays per view (TikTok hasnt specified how much), which frustrated some users since TikTok views are often more sporadic and inconsistent than they are on other platforms. The TikTok Creator Fund is a program that provides financial support to TikTok creators. Copyright 2022 EPGD ATTORNEYS AT LAW, P.A. You can check your case status by calling the USCIS Contact Center at 1-800-375-5283. TikTok now incentivizes people to create content on their platform so that their users always have new videos to view. Contacting us through our website does not establish an attorney-client relationship.*. Though, TikTok shares on its website that joining the fund wont impact your followers or views negatively. On its website, TikTok mentions factors like the number of views, authenticity of those views, and the level of engagement. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The answer to your question is limited to the basic facts presented. Miami, FL 33135. - Videos of your daily life If the requirements are met, TikTok users may join the Creator Fund by navigating to the Settings menu and selecting the TikTok Creator Fund option. Under "account control," you'll see the option to switch to a Pro account. A representative will be able to assist you with the missing card. Step 1: Get a TikTok Pro Account Upgrade your account to a TikTok Pro account. EPGD Business Law is located in beautiful Coral Gables, West Palm Beach and historic Washington D.C. For example, if youre active on YouTube as well you can take advantage of the video-sharing platforms established advertising system. The cookie is used to store the user consent for the cookies in the category "Analytics". It is not an advertising revenue-sharing platform like YouTube's AdSense or an arts grant. In particular, TikTok focuses on three elements: video views, video engagement, and adherence to the Community Guidelines and Terms of Service. You can have a measly 100 followers and still wake up to millions of views. All information these cookies collect is aggregated and therefore anonymous. As a result, the more engaging the video, the more views it will receive, and the more revenue the creator will be allocated. Its still too soon to tell whether its just a ploy to prevent influencers from leaving TikTok and focusing all their attention on platforms like Instagram instead or an earnest attempt to reward the best-performing creators fairly. Shadow banning refers to when a users content is blocked or partially blocked from an online platform so that it is not obvious to the user that they are banned. The creativity and engagement on TikTok sparked joy and collaborat, Celebrating our global community and the popular trends that sparked joy and real-world impact In 2022, we lived, we laughed, we learned on TikTok. My understanding is I won't be able to withdraw any money from creator fund until I've filled out my tax info in creator marketplace dashboard (for some reason it's different), to which I would state that I am not taxable and I would also change my currency from USD to GBP. How to Hide Instagram Likes and Why Its Important, What Is Instagram Notes Feature & How Can You Use It, Build a Winning DeFi Social Media Marketing Strategy. Plus, according to its agreement, creators must keep details like the reporting metrics and other non-public information strictly confidential. In an interview with VICE, she shared that a video with more than six million views and over a million likes generated only about $70. Absolutely not. The Creator Fund is in its early stages, and we're continuously exploring new ways to improve the experience for our creator . Getting involved couldn't be easier, simply download the app for free via the Apple App Store or Google Play. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Our team of highly trained attorneys have over 100 years of combined higher education, are fluent in 8 languages, and use cutting edge technology to beat the competition. We want as many eligible creators as possible to make money doing what they love on TikTok. - Share your TikTok videos on other social media platforms Theyre very wishy-washy on how many views actually gets you a good amount of money.. You are here: Launch TikTok and click "Me" to go to your profile. Additional details may heavily alter our assessment and change the answer provided. To be specific, this group invests in the creators to get monetized on this platform. Next, select Manage account and below Account control, youll see the option switch to a Pro account. - Videos using trending hashtags Instead, the fund may have backfired and increased the overall distrust of the app. The Creator Fund paychecks are, for the most part, negligible compared to what influencers can get from sponsored posts or brand deals. Earlier, I sent my ID picture in. After all, weve seen that many young influencers are making a pretty decent living by means of their activities on the platform. You also have the option to opt-out of these cookies. Is there a max or a minimum earning per creator? Now for the most difficult step of the process - wait for approval. But we will continue to keep a close eye on this and are always listening to the feedback we receive from our creator community. Click on the three dots at the top right. Four creators who left the fund all cited declining views as their reason for leaving. Click the button to confirm your age and agree to the fund's termsno. They do not store personal information directly, but are based on the unique identification of your browser and internet access device. Influencer Marketing Hub Influencer Marketing How to Join the TikTok Creator Fund: Your Questions Answered. As for receiving funds, a creators allocated funds should appear on their Creator Fund Dashboard approximately three days after the video views accrued. On its website, TikTok mentions factors like the number of views, authenticity of those views, and the level of engagement. So, while you can for sure make money by posting on TikTok, youll need to use other monetization opportunities like brand deals too. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Analyze, manage and grow your digital presence, Social Media Holidays 2023 Closed macoov - May 28, 2021 at 06:23 PM pompeplop - Sep 28, 2021 at 10:08 PM I'm currently trying to fill in my tax information in order to withdraw from the creator fund. In July 2020, TikTok launched its Creator Fund as a way to show its appreciation for its community of creators and empower them to earn money for doing what they enjoy. All in all, the easiest way to generate revenue is by working out a direct arrangement with a brand. These businesses may use them to create a profile of your interests and show you relevant advertisements on other sites. The logistics, the good, and the bad. What is TikTok Creator Fund? Your first step is to make sure that you have a Pro account. No matter what you're interested in creating, there's a diverse community for every interest and identity. - Dialogue re-enactments The content itself should also adhere to TikToks. Were looking forward to sharing more information soon! Musicians. All rights reserved. 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