The TikTok creator fund is about to end. The creator fund appealed to content creators who reached a high number of followers on TikTok. Content producers have the opportunity to earn money on TikTok this way. The newly launched TikTok Creativity Fund will replace this program.
Creativity Fund replaces creator fund in making money on TikTok
Content creators are particularly complaining about the TikTok creator fund. TikTok, on the other hand, took all the criticism into account and took action for the Creativity Fund. However, like the creator fund, the Creativity Fund will only be valid in certain countries.
As you know, the creator fund that offers the opportunity to make money through TikTok is only open to US users. Likewise, the TikTok Creator Fund will be open to members with US residence. The content creators fund was particularly criticized for offering a standard payment.
Even if your content has a high number of views, TikTok content producers generally charge based on the number of followers and total views. Platforms such as YouTube and Instagram began offering better payment terms for content creators, paving the way for the TikTok Creator Fund.
In this sense, TikTok claims that it will offer content creators the opportunity to earn much higher income with the Creativity Fund. It is currently unclear what kind of format will come with this new format.
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Predictions are that content creators will be paid more for the now popular TikTok videos. Again, like YouTube, it is also possible to give more shares to content producers through advertising.
TikTok announced the deadline for the creator fund as December 16, 2023. After this date, the TikTok Creativity Fund will come into play. Those who are already in the creator fund will have the opportunity to switch to the Creativity Fund. New members must have 10 thousand followers and more than 100 thousand views in the last 30 days.
It is a matter of curiosity whether this new Creativity Fund program, introduced for TikTok monetization, will be expanded to other countries. Do you think this TikTok feature should be opened in Turkey? We are waiting your comments.