TikTok Looks to Clear Up Questions About Its $1B Creator Fund

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TikTok mentioned Friday that the pockets for its $1 billion TikTok Creator Fund might be obtainable quickly, and it sought to clear up two recurring questions on how the fund operates.

The video-creation platform mentioned the pockets will allow creators to switch funds to their linked fee technique and withdraw what they’ve earned on the finish of every month.

TikTok addressed questions on whether or not being a part of the Creator Fund impacted its suggestion engine, saying that the fund will not be factored in in any respect, and the advice engine doesn’t obtain data on whether or not or not creators are a part of it.

The corporate additionally defined how payouts are calculated, writing in a weblog publish, “Funds are calculated primarily based upon numerous elements. These elements embrace video views, video engagement, authenticity of a view, area during which your video is seen, whole members in this system and adherence to the group pointers and phrases of service. What’s uniquely TikTok concerning the Creator Fund is {that a} video has the chance to succeed in international audiences. Like video views, funds are subsequently dynamic.”

TikTok concluded, “The Creator Fund is in its early phases, and we respect your endurance and concepts as we proceed to enhance the expertise for these in this system, higher clarify the way it works and evolve issues to fulfill the expectations and desires of our group. We’re dedicated to our creators and are right here to help you. We’re at all times open to suggestions and options. You probably have additional questions or theories you need defined, we sit up for listening to from you.”

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