TikTok introduces $200 million Creator Fund to pay individuals to publish

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Angela Lang/CNET

If your dream task is to crank out TikTok clips for a living, then you may be in luck. On Thursday, the popular and questionable app revealed the TikTok Creator Fund, a swimming pool of $200 million for users in the United States “to help support ambitious creators who are seeking opportunities to foster a livelihood through their innovative content.”

The application procedure will open to users in the United States in August, TikTok stated. You’ll require to be a minimum of 18 years of ages to use, and you’ll require to have an account that regularly posts initial material in line with TikTok’s Community Guidelines. You’ll likewise require to have “a baseline of followers,” though TikTok hasn’t yet defined what that standard is.

“In a relatively short time, TikTok has grown to become a source of income and opportunity for creators and their families — and we couldn’t be more encouraged by their success,” TikTok United States General Manager Vanessa Pappas stated in an article. “As our community continues to flourish, we’re committed to fostering even more ways for our creators to earn livelihoods by inspiring joy and creativity.”

The fund introduces as TikTok, which is owned by the Beijing-based tech business ByteDance, deals with fresh examination from the United States federal government. Earlier this month, the Federal Trade Commission and the Justice Department introduced a joint probe into accusations that TikTok stopped working to secure the personal privacy of kids on the platform. Last week, the Trump project prompted advocates on Facebook to support a TikTok restriction in the United States.

TikTok stated that the Creator Fund is anticipated to grow throughout the coming year.

“We’ll later look to expand the Fund globally as we support the emerging careers of creators around the world,” a TikTok agent informs CNET.