TikTok will launch a $200 Million Dollar fund to pay creators for their videos.
The scheme is to help people whom wish to make a living from creating social content, Previously creators could monetise their live streams, this new program will pay people directly for creation. We would assume this is a program for top influencers as Tiktok has not confirmed how many or how much each contributor could earn
This news also relates to the other post regarding Facebook Reels which is also paying influencers to solely create content for their platform.
Seems we will have a battle for the best video content app coming very soon.