What You NEED To Know About TikTok's NEW Creator Fund (Creativity Program Beta)

TikTok has recently launched a new fund called the Creativity Program Beta, which allows creators to get paid for videos that are over one minute long. This article provides an overview of the new TikTok fund and explains how you can apply to take advantage of this opportunity to earn more money from your videos.

The traditional TikTok Creator Fund pays very little, especially when compared to the huge accounts like Zach King, who gets over 20 million views per week but only makes about $20 to$30 per day. However, with the new one billion dollar fund that TikTok has promised to pay out over the next three years, creators are now being paid more for their videos. Some creators are earning up to $1,700 for almost 2 million views, with others earning$400 for a little over 2 million views. There are even creators who have made over $10,000 from just one video that received 15 million views. This is a significant improvement compared to YouTube, where creators earn much less for their videos, even with millions of views.

To be eligible for the Creativity Program Beta, you must meet certain requirements. You need to be 18 years old and be a creator in the US, Britain, France, or Brazil. Additionally, you must have at least 10,000 followers and a hundred thousand authentic video views in the last 30 days. Your videos also need to be longer than one minute to earn from the program. Once you meet these requirements, you can apply by accessing the Creativity Program Beta through your TikTok account's Creator tools section. Fill in the required information, and TikTok will review and approve your application.

It's important to note that if you are already enrolled in the Creator Fund, you cannot switch back once you join the Creativity Program Beta. However, this is not a significant concern since the Creator Fund pays very little in comparison.

Pros and Cons of the TikTok Creator Fund

There are several pros and cons to consider with the new Creativity Program Beta:

Pros:

• Increased earnings: Creators can earn significantly more money from their videos with the new program compared to the traditional Creator Fund.
• Opportunity for growth: The program encourages creators to make longer videos and challenge themselves to create more engaging content, which can lead to greater success on TikTok.
• Reinvestment potential: Creators can use the additional income to reinvest in their teams and equipment, ultimately improving the quality of their videos.

Cons:

• Platform saturation: TikTok is already a highly saturated platform, and the introduction of the Creativity Program Beta may increase competition among creators.
• Increased difficulty: Creating longer-form videos that captivate audiences can be more challenging than creating short videos. Newer creators may need to focus on storytelling, educational, or informative content to succeed.
• Lower RPMs: Despite the increased earnings, creators are only earning about one dollar RPMs with the new program. In comparison, YouTube's RPMs can range from $3 to$100, depending on the niche.

Overall, the introduction of TikTok's Creativity Program Beta is positive news for creators, offering the potential to earn more money from their videos. By focusing on longer-form content and engaging storytelling, creators can take advantage of this opportunity and potentially build a sustainable income on the platform.

Keywords:

• TikTok
• Creator Fund
• Creativity Program Beta
• Videos over one minute long
• Earning potential

FAQ:

1. How can I apply for TikTok's Creativity Program Beta?
   • To apply, you must be 18 years old and a creator in the US, Britain, France, or Brazil. You need to have at least 10,000 followers and a hundred thousand authentic video views in the last 30 days. Your videos must also be longer than one minute. You can access the application through your TikTok account's Creator tools section.
2. Can I switch back to the Creator Fund after joining the Creativity Program Beta?
   • No, once you join the Creativity Program Beta, you cannot switch back to the Creator Fund. However, the Creator Fund pays very little, so it is not a significant disadvantage.
3. How much can I earn through TikTok's Creativity Program Beta?
   • The earning potential varies, but some creators have earned up to $1,700 for almost 2 million views and$400 for a little over 2 million views. There are even creators who have made over $10,000 from just one video that received 15 million views.