What is the TikTok Creator Fund? (How to Make Money on TikTok) | Summary and Q&A

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November 19, 2020
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What is the TikTok Creator Fund? (How to Make Money on TikTok)

TL;DR

The TikTok Creator Fund is a pool of money set aside for creators to monetize their videos on the platform, and users can make money based on their followers and video views.

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Questions & Answers

Q: How does the TikTok Creator Fund work?

The TikTok Creator Fund is a pool of money that creators can access to make money on TikTok. It is similar to YouTube's AdSense program, but instead of advertisers, private money is dispersed to qualified creators based on their followers and views.

Q: What are the requirements to qualify for the TikTok Creator Fund?

To qualify for the fund, creators need to have over 10,000 followers, at least 10,000 views on their videos in the last 30 days, be over 18 years old, and have a pro account.

Q: How is the TikTok Creator Fund paid out to creators?

The funds earned through the TikTok Creator Fund can be seen in the creator's account balance. After a certain period, the balance can be withdrawn and transferred to the creator's bank account. Payments are made approximately 30 days after the end of each month.

Q: Where does the money for the TikTok Creator Fund come from?

The TikTok Creator Fund is funded by Bite Dance, TikTok's parent company based in Beijing, China. It is the largest privately held company in the world, and the funds are likely sourced from Chinese investors.

Summary & Key Takeaways

  • The TikTok Creator Fund is a pool of money, currently amounting to $200 million but expected to reach over a billion dollars, that is available for creators to make money on the platform.

  • Unlike YouTube, where creators earn money through advertising revenue, TikTok pays creators from private money gathered for the Creator Fund.

  • To qualify for the TikTok Creator Fund, creators need to have over 10,000 followers, at least 10,000 views on videos in the last 30 days, and be over 18 years old with a pro account.

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