Breaking down the TikTok Creator Fund application for beginners
We have seen lots of rising-up questions about the TikTok creator fund application when creators are eligible for this program, so here is the technical part of how to do it and a bit of other information of the way this platform pays the TikTokers.
To be more detailed, on July 23, 2020, TikTok, a short-video social network owned by ByteDance, announced a $200 million US fund called “TikTok Creator Fund” to support the income of content creator, while TikTok received great suspicion from the US operator regarding the way this social network manages data.
Tiktok created this fund in order to keep users participating in Tiktok and wanted to accelerate the number of videos available on their platform.
Currently, Tiktok has no limit on the number of creators that can participate in the fund. They want as many creators to join as possible.
Now we are going to walk you through the whole process of application in this article.
TikTok Creator Fund eligible requirements
TikTok users are in participating countries: USA, UK, France, Germany, Spain or Italy can join the TikTok creator fund. There are also the requirements as follows:
- At least 18 years old
- Have at least 10,000 followers
- Have at least 10,000 video views in the last 30 days
- Have an account in accordance with the TikTok Community Guidelines and terms of service.
Creators who meet the eligibility conditions can register in the TikTok app through their professional or creator account.
Currently, the Creator Fund is just available in the U.S, UK, France, Germany, Spain and Italy. However, TikTok also made a clear statement on its Twitter that this new program is going to roll out or has planned to do so for other creators in other nations beyond this list.
Well, so in case you don’t see your country on this list, don’t worry, just stay tuned because the Fund is going to come to you in the near future.
TikTok creator fund application
There are fundamentally two ways that you can submit your application when you meet the above conditions:
- Once you’re eligible, TikTok is going to reach out to you automatically via the Notification (in the Notification stream) and invite you to take part in the TikTok Creator Fund program.
- Go to your Account Settings -> Pro Account Section then join the program there when you’re able to do so.
The detailed process
In your Notification stream, click on All activity then go to From TikTok to select Previous updates.
Scroll down to where it says “Turn your creativity into opportunity! Subscribe to the TikTok Creator Fund”.
This takes you to a page where you can re-check whether you’re eligible or not. If all the check marks turn green then here you go, click on Apply.
There will be a small box popping up to ask you if you really are 18+ or below this age. Hit Confirm to go to the next stage.
And keep in mind that don’t misrepresent your age because if TikTok found out that you’re not 18, you would be removed from the program and not be able to transfer funds from your account.
Now, TikTok is going to ask you about your local currency based on the country that you’ve registered when creating the account. It’s also going to ask you about a link of a valid payment method for the paychecks.
On this stage, if needed (but highly recommended), you should take a look at Feedback & help to see more valuable information about the TikTok Creator Fund program. There are lots of question here like “What is the Creator Fund?” or some instructions for Payment and Withdrawal so you can find the answers if encountering any problems.
Then click on Next to confirm currency type. After that, there’s a kind of acceptance message showing up then you can select View dashboard to see the current performance.
In the Creator Fund Dashboard you’re going to see the amount of money you’ve made. Here’s the thing. This dashboard actually takes three days to update the money according to the views your videos are receiving. As a result, don’t be so panic because you’re still turning profits from the views and TikTok is also constantly updating to shorten that amount of time.
Furthermore TikTok has made it very clear in the TikTok Creator Fund agreement that you’re going to receive the generated revenue usually in 30 days. For further information about the payment, we encourage you to check TikTok’s terms of service and scroll down to section number 4 for details.
On the other hand, there’s another way for you to apply to this program. Go to your Profile, click on the three dots on the upper right corner then select Pro Account. Here you can see an option to join the Creator Fund program and you can repeat the process as mentioned below.
A TMI of TikTok Creator Fund
A month after this program was launched, TikTok had received a lot of reviews and feedback in both positive and negative perspectives. Even this platform had invited many well-known creators such as Charli D ‘Amelio, Michael Le or Loren Gray to directly join the fund to increase the social credibility in the eyes of users.
However, not everyone is happy and excited about this new money-making program. According to an article of WIRED released on October 9, 2020, some influencers on TikTok said they were disappointed with the way the Creator Fund works. Creators have complained on social media that they only make a few dollars a day, even if their videos have tens of thousands or even hundreds of thousands of views. TikTok hasn’t explained exactly how payments are calculated.
This lack of transparency has led to a lot of speculation about how TikTok helps creators monetize their videos, as to whether TikTok is deliberately limiting the reach of creators to test their creativity through the revenue that their videos earn.
As for TikTok, they are still working to improve the program based on the comments and feedback they receive from the community. To reassure users, the spokesperson for this rising platform, Lukiman, has also made a reasonable statement that the creator fund has its own standards for the originality of content.
This standard will be completely different from the standard of monetizing from advertising or affiliate marketing. Once creators are eligible to participate, they must follow this standard to moderate content.
But, it seems that because the program is so spanking-new, TikTok is still very secretive about this monetization program and does not disclose what those standards are. A lot of creators after joining the Fund said that their videos were removed, even though their content completely complies with TikTok’s community policy and the platform has yet to give any explanation for this unreasonable action.
Want to know more about the TikTok Creator Fund application?
So to say, this article is all about an overview of how to apply to the TikTok creator fund and some of its particulars from the reviews of honest users that you may refer to.
If you enjoy this information and are struggling with the application for this program, let us know by signing up for AudienceGain and leave a comment right below.
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