Feature to Earn Money Without Uploading Videos from TikTok

TikTok has announced its new program that will allow you to make money by creating effects. The effects will have to be used on 500 thousand videos within 90 days in order to make money from the program, which has a fund of 6 million dollars and is currently released in certain countries.

TikTok continues to offer different ways for its users to earn money. The popular social media platform, now also “Effect Creator RewardsIt introduced a new feature called ”. This feature will allow content producers to earn money.

The new move will allow users to earn money by creating effects. These effects are the platform’s “Effect House”, a tool that helps make augmented reality effects. Let’s add that Effect Creator Rewards is currently available in the US, France, Germany, Italy, Spain, and the UK, according to TechCrunch.

Users will be able to earn $700 after their effects are used on 500k videos

TikTok says it has set aside $6 million in funding to pay content creators in its new program. After publication 500k videos in 90 days to a user for an effect used 700 dollars fee will be paid.

In the same period, for every 100 thousand videos that exceed this amount, content producers additional $140 payable. In other words, if the effect created by the user is included in 1 million videos within 90 days, he will be paid 1400 dollars.

TikTok did not share any information about how to proceed when $ 6 million is finished. Also, the effect use once a day by a single person will need. In other words, if a person uses that effect more than once in the same day, it will still be counted as a single video. There is no information on when the feature will come to other countries.

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This move of the platform came after users who produced effects complained that they could not make money directly from the platform. These effects of users were trending in a short time and could be used by millions of people. In addition, it is possible to say that $ 6 million is a little low compared to other similar moves. The company had set $1 billion in funding in its other monetization program.

Source :
https://newsroom.tiktok.com/en-us/introducing-more-ways-for-creators-to-monetize-their-content-authentically


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