In just a short space of time, TikTok has become one of the most used social media sites in the world. The content has achieved so much, to the point that TikTok has realized that content creators are the soul of the platform. Because of this, they have opened what they call the TikTok Creator Fund.
What Is TikTok Creator Fund?
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. As TikTok themselves have announced, this can transform their creativity and hobbies into a professional career.
TikTok now incentivizes people to create content on their platform so that their users always have new videos to view.
The TikTok Creator Fund is still in its early stages. They have created one for the United States and another for Europe.
TikTok Creator Fund Requirements
TikTok content creators can apply for funding through the Creator Fund and thus generate income from their posts. But for this, they must meet a few initial requirements.
- Must be at least 18 years old
- Must have over 10,000 followers
- Must have over 100,000 views in the last 30 days
- Must post original content regularly
- Must follow the rules of the TikTok Community
How to Join TikTok Creator Fund, Step-by-step
Once you have been verified to access TikTok financing, it is really simple to join:
- Log in to your profile
- Click on the three dots at the top right
- Make sure you have your account set to PRO
- Choose the “Author” option, and then click on the “Creator Fund”
Once you have accessed this section, confirm that you are over 18, then read and accept the Terms and Conditions. After that, you should then fill in the following information:
- Full name
- If your income is active or passive
- Social security number
And that’s it. All that is left is for you to apply for funding through the TikTok Creator Fund.
⚠️ CAUTION ⚠️
It is possible that they do not accept your TikTok Creator Fund application even though you meet all the requirements. In this case, you can try to apply again after 30 days.
How are TikTok funds calculated?
There is no exact formula to know the amount of money you will receive for a video. According to TikTok, this calculation is made based on the video’s views, video engagement, and if it complies with the community guidelines and terms of service.
I Have Activated TikTok Creator Fund: Now What?
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.
You can withdraw the money you make, but beware! The minimum you can withdraw is $10.
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:
- Sign in to your account and click on the three dots
- Go into “Author” section
- Click on “Creator Fund”
- There you go!
What do you think? Start today and earn money with your own content on TikTok.