? Tik Tok DISCONTINUES Creator Fund EXPLAINED
Tik Tok, the popular video-sharing platform, has announced that it will be discontinuing its $1 billion Creator fund. In its place, a new program will be launched in 2021, promising higher earnings for creators. The decision to replace the original fund came after facing criticism for low payouts, with some influencers, such as Hank Green, revealing earnings as low as 2.5 cents per 1,000 views.
The Creator fund, which is being phased out, has been the subject of scrutiny due to its inadequate compensation for content creators. In response to these concerns, Tik Tok has introduced the Creativity Program, currently in beta testing. This new program aims to offer creators up to 20 times more earnings compared to the previous fund.
To be eligible for the Creativity Program, users must have a minimum of 10,000 followers and 100,000 recent video views. Additionally, the program emphasizes longer videos, as users spend 50% of their time on Tik Tok watching videos that are over a minute in duration.
- Tik Tok
- Creator fund
- Higher earnings
- Hank Green
- Low payouts
- Creativity Program
- Beta testing
- Eligibility criteria
- Longer videos
- What is Tik Tok's Creator fund?
- Why did Tik Tok receive criticism for the Creator fund?
- What is the new Creativity Program?
- How can users qualify for the Creativity Program?
- Why does the Creativity Program emphasize longer videos?