by Only a few weeks ago, we published our Guide to the TikTok Creator Fund. However, TikTok decided to suddenly end the Creator Fund. Don’t worry, though; TikTok is developing a replacement, and we’ll let you know.
The goal of the new Creativity Program is to address the shortcomings of the Creator Fund and give more chances for creators to get paid.
TikTok hopes to provide creators more competitive pay and create creative ways for them to make money off of their work by ending the Creator Fund.
What Is TikTok Creativity Program?
In February 2023, the TikTok Creativity Program Beta was released, offering a novel approach of compensating artists for the excellent content they generate on the platform.
For creators from countries including the United States, the United Kingdom, France, and Germany, the Creator Fund will be replaced by the Creativity Program.
This program aims to address concerns raised by a few creators over the amount of money they get through TikTok’s Creator Fund.
The corporation makes bold promises that TikTok creators may possibly earn 20% more money with its Creativity Program than they did with the previous fund.
Though it’s too early to say for sure, many content producers are definitely drawn to the prospect of a significant pay increase. It is a beneficial option for those who want to turn their side project into their full-time employment.
Who is Eligible for TikTok Creativity Program Beta?
TikTok will provide a few prerequisites for people who want to participate in the program before opening it up to all content creators in the upcoming months.
Entities that create material are only eligible to participate if they:
- Are 18 years of age or older
- Obtain the required number of followers and videos.
- Sustain the integrity of their accounts
The minimum number of followers and video criteria on TikTok may be higher than those of the Creator Fund, even if the platform hasn’t made them clear. A minimum of 10,000 followers and 100,000 real video views during the previous 30 days are requirements set by The Creator Fund for content providers.
The Information said that TikTok officials contemplated raising the minimum follower barrier to 100,000, which is far more than the standards of the Creator Fund. It’s likely that the barrier will be lower, although TikTok has not yet verified this criterion.
Compared to the Creativity Program, TikTok’s Creator Fund
Both the new Creativity Program and the already-existing Creator Fund have the same prerequisites for enrollment. Users who have previously registered for the previous program on TikTok are able to switch to the new one. As of right now, it’s unclear if TikTok will completely take the position of the Creator Fund when the Creativity Program leaves beta. However, a new requirement for payment has been added during the Creativity Program’s testing phase: videos must be longer than one minute in order to be eligible for monetization.
It’s noteworthy that, according to TechCrunch, people who are now registered in the Creator Fund and move to the Creativity Program are unable to go back to the Creator Fund. Users should thus act cautiously. Though it’s still early to find out exactly what this means, TikTok offers this new method as an opportunity to earn more money and unlock intriguing real-world opportunities. A new dashboard that shows video data and income forecasts is now available to video makers.
TikTok provides creators with other ways to make money from the creator funds, such as gifts, tips, and the new Series feature that lets artists hide part or all of their material behind a paywall that is only accessible to subscribers. TikTok is always looking for new strategies to draw in and keep content producers as competition from other platforms grows. It is anticipated that in the near future, the Creativity Program will spread to further areas.
How can I Apply to TikTok Creativity Program Beta?
TikTok has just told us that applications would be open “within the coming months,” without providing any further information on how to submit an application for the program. The Creativity Program will be available to people who are presently enrolled in the TikTok Creator Fund, and those who are not yet registered in the Creator Fund may apply for it when it launches.
When the Creativity Program is fully operational, TikTok has not stated if the Creator Fund would be replaced by it. But it’s still a chance. To boost engagement, you should keep growing your fan base and making excellent content. Join
This article will be updated if fresh details on the program become available. Join
