TikTok Creator Fund: All Things You Need To Know in 2021!
TikTok is going further on the path of improvement with the TikTok Creator Fund. It nurtures the community of TikTok users and provides ways that creators can turn a profit and make money on the platform.
TikTok Creator Fund: Paving the way for creativity
Officially launched on the 1st of September 2020, TikTok Creator Fund was not a grant revenue-sharing program. Instead, it can be seen as a big pile of money that starts with 200 million dollars and tries to gather over a billion dollars by the summer of 2021. To be specific, this group invests in the creators to get monetized on this platform. The amount of money they receive depends on many factors related to their videos.
The aim of the TikTok Creator Fund
TikTok Creator Fund is an incredible way to celebrate and financially support the platform’s very best and brightest talents. Therefore, this Fund is always open to all creative TikTokers who wish to become successful content creators.
Let’s compare the way TikTok works with the way YouTube operates. On YouTube, you upload a video with some ads in between, then you get paid. On the other hand, TikTok hasn’t promoted advertisements that much. TikTok advertising revenue is not big enough to pay out creators, so it gathers private money to pay creators in some types of AdSense monetization.
As a TikTok creator, you need to get qualified for the Fund and then work on making videos. That is when you can do TikTok as a full-time job and get paid for being creative.
Eligibility requirements to join the TikTok Creator Fund
To become a member of the Creator Fund, you must meet the following criteria:
- Have to be over 18 years old.
- Have over 10,000 followers on TikTok.
- Receive at least 100,000 video views over the last 30 days.
- Have a Pro Account.
TikTok Creator Fund questions
After making sure that TikTok pays creators, you might still have any questions about this issue. So, let’s dive deeper into making money on TikTok.
Which countries is the Creator Fund currently available in?
As of early 2021, the Creator Fund is available in the US, the UK, Germany, Italy, France, and Spain. Therefore, if you are located in any one of these countries, there should be no problem joining the Fund while granted you do meet the eligibility requirements.
As far as expanding territories go to other regions globally, the Fund should become readily available in Australia, Mexico, Canada, Greece, Russia, Netherlands, and six more undisclosed countries for the next several months.
How does TikTok pay?
How much does TikTok pay per 1000 views?
On TikTok, your job is quite similar to a YouTuber, but TikTok primarily focuses on the views. The money is counted by the views. So, the more views you have, the more payment you get.
Commonly, TikTok is paying 2-4 cents per thousand views. TikTokers get paid at the end of every month, and the specific amount may vary from person to person. It doesn’t sound very appealing, but it is going to build up. Imagine that if you have at least one viral video during a year, TikTok can pay you thousands.
Do TikTokers get paid differently?
Let’s assume that the numbers of engagement, views, a region in which the video is viewed, the participants in the Fund are the factors contributing to how much you are likely to make from a particular video.
But one clear thing among creators is how much you are likely to get paid from the Fund. That is when your niche and the subject matter of your video are heavily crucial in this issue. For example, TikTok pays more for educational content than eye-candy entertainment videos on the For You page.
Locations affect a lot to TikTok views
TikTok has stated that the fun not affecting your chances for virality. Of course, that is what every content creator always expects. But there is a lot of evidence to show that the Fund begins to prioritize viewers from your region in which your account was created.
To be more specific, if you have a large percentage of people who watch your content from other territories globally, many people who join the Fund tend to see a decrease in those territories. In addition, many examples on Reddit show that TikTok tends to limit the reach of your content to cap how much you can earn in the pursuit of achieving equal distribution.
That situation is not a blanket standard. It is not how the TikTok Creator Fund works for everyone. There are genuinely succeeding creators who typically have their audience from one or two countries.
Why can’t I join the TikTok Creator Fund even though I have met all the requirements?
TikTok has realized the demand for this creative incentive, so the Creator Fund is an essential step for creative TikTok users. However, many cases still have troubles with monetization even though they have met all the requirements. Therefore, you should check out the following circumstances to avoid getting caught in the future.
According to the insight from a TikTok analyst, the platform deals with many people who input the wrong age or are frankly lying about how old they are. That is one of the primary reasons for the fact that people do not get an invitation to the Creator Fund.
You can fix this problem by going to your profile settings on your account and creating a Support Ticket through the Report a Problem section or any listed topics. This step tends to be a little bit of a pain because it takes a while to reply. If you do not want to go through that step, you can verify your age through identification. This requirement also depends on specific countries, especially it is a must in the US.
However, regardless of how young you are right now, the opportunities on TikTok Creator Fund will not disappear but even get better in the future.
There is a recent change in the Creator Fund’s requirements. TikTok has specified that accounts which repeatedly have community violations are unlikely to receive an invitation to the Creator Fund. They must have no recent violations to assure they are in good status to be a part of this program.
One or two community violations really shouldn’t be that big of a deal. But if you are getting repeated videos flagged back to back, you may want to reconsider your ideas before thinking about joining the Creator Fund.
Being too hasty
Another main reason that creators don’t see an invitation to the Fund in their notifications is that they have not waited the necessary 30 days after meeting the eligibility requirements. According to the conditions, you must have at least 100,000 video views in the last 30 days. There is a consistent pattern that happens to most creators. They usually receive the invitation to join roughly four to six weeks after meeting all the requirements. If you have not been to that threshold before, you should give it some time.
Does joining TikTok Creator Fund decrease your video views?
If you are making high-quality videos that offer value to your viewers, being a member of the TikTok Creator Fund will help you flourish, not harm your channel.
Many video makers assumed that joining the Creator Fund would negatively impact their work. TikTok’s manager declared on March 25, 2021, that joining the Creator Fund has no influence on your video because it is unrelated to TikTok’s recommendation system.
The TikTok algorithm has undergone a significant transformation.
It is the quality of your content that determines whether or not your video will be promoted. TikTok encourages viral content because this platform also earns from such videos as well. And TikTokers have the same challenges as the current YouTuber community. Many content creators feel that starting a channel from scratch is impossible. Because there are so many videos released every day and so much material generated every week.
So, the key to grow on TikTok is to never stop creating content. Learn from other content, actively produce videos every day, and always ready to receive any type of feedback. Don’t let any fear lock up your creativity!
Can I monetize on TikTok if I am not living in the required countries?
After reading through the above information, you might think that you cannot monetize if you live in a region not mentioned in the TikTok Creator Fund. But the truth is you still can earn money from TikTok wherever you are located. Although not in the top allowed TikTok monetized countries, it is still possible to turn on the monetization function by buying another phone and changing IP to an authorized address (US, UK, etc.). Then, you can use that modified IP phone only when using or uploading videos on TikTok.
This method is quite common, but there are also a few certain risks. For example, if the TikTok algorithm finds out this trick, creators will not be paid.
In developed countries, it is not difficult to buy a monetized TikTok channel for long-term development. However, if you live in a country that is not on the TikTok approved list, the best advice is to continue growing your TikTok channel because this is the right time for you to improve all your skills make your videos also TikTok channel more professional.
Moreover, before TikTok expands its reach for Creator Fund to your region, there have been many ways to make money, such as affiliate and brand advertising.
If you are searching for the best way to monetize your TikTok channel, don’t hesitate to visit AudienceGain. We offer multiple types of trustworthy service, together with valuable advice from committed supporters. So sign up at our website to experience the best!
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