TikTok Creator Fund: What It Is and How to Apply

TikTok creator fund

Are you a passionate TikTok creator looking for ways to monetize your talent? Then, the TikTok creator fund could be your golden ticket to financial rewards while creating great content.

This guide will walk you through everything you need to know about the TikTok creator fund, from what it is and how it works to how to apply and start reaping the benefits.

What is the TikTok Creator Fund?

It is a monetary program that directly supports successful creators on the platform by sharing its income. Unlike YouTube’s AdSense or an arts grant, the creator fund is a unique initiative that aims to financially empower those who have succeeded on the platform.

It was launched in the spring of 2021 with an investment of $200 million, and the fund’s success has led TikTok to increase its investment to $1 billion over the next three years. The platform describes this as a way to reward users for their incredible TikTok videos and creativity.

TikTok Creator Fund

The Purpose and Goals of the Fund

The TikTok creator fund allows users to earn money based on the popularity of their content. By monetizing views and engagements, this fund supports the creator community of the platform and motivates top creators to work together to produce quality content regularly.

How Much Money is in the TikTok Creator Fund?

Now, you might be wondering how much the creator fund pay. The amount this funds depends on your content’s performance. Genuine views can earn you 2 to 4 cents for every 1,000 views, but fake views won’t count.

Although making $20 to $40 for every one million views may not seem like a lot, it can accumulate quickly for popular accounts. Therefore, create quality content to increase your chances of earning from the creator fund.

The Eligibility Criteria for Creators

Fulfilling the eligibility requirements for the TikTok creator fund holds significant importance. For those who reside in the U.S. and want to establish their eligibility, below are the requirements:

  • You have to be over 18 years old or 18 at least.
  • The content should be organic and unique and not copy-pasted.
  • Your content must follow the TOS of TikTok and community guidelines.
  • Before applying, your videos must have 100,00 views in 30 days. There are many proven strategies to gain TikTok followers efficiently..
  • You must have a pro-TikTok account.

However, the creator fund isn’t only limited to U.S. residents. You can also apply for it if you live in the U.K., Spain, France, Italy, and Germany. Moreover, TikTok has expanded its program to include more countries.

How Does the TikTok Creator Fund Work?

The TikTok creator fund compensates users based on their organic video views. The payment is calculated monthly and determined by the number of legitimate, unique views received.

Despite being available for some time, this program has not been widely embraced by TikTok creators and has faced significant criticism from users. The hostile reception is mainly due to the perceived insufficient compensation of creators.

The Earnings Algorithm and Factors Influencing Payout

Below are some factors that influence the earnings algorithms and payment of TikTok creator fund.

Factors affecting payout

 

1. Views

One of the most critical factors in determining the payout is the views. The higher views mean a higher payout.

2. Engagement

The engagement rate on your videos, such as the number of likes, shares, and followers, is also counted in the payout.

3. Content Quality

The quality of a creator’s content, including its originality, creativity, and relevance, can also impact its payout. Ensure to write the best TikTok captions that will attract attention.

4. Geographic Location

TikTok payout also depends on your location. Those creators who live in the U.S. and Canada typically earn more than others.

5. Ads

Those creators who opt for paid advertisements receive a higher payout than others, as the revenue generated from those ads is shared with the creator. Remember that the algorithm and factors keep occasionally changing to evolve and adapt to the needs of its creators and users.

Payments and Withdrawal Options

The question is how to withdraw money from the TikTok creator fund. To withdraw money, having a PayPal or Zelle account is necessary before proceeding.

Here are the instructions you need to follow.

  • Log in to your TikTok account using the app.
  • Click on the Profile icon, followed by the three vertical dots.
  • Scroll down and select Balance.
  • Choose the Income option.
  • Enter the 6-digit code sent to your email address and select the withdrawal method. You can also add a new withdrawal method if needed.
  • Review and accept the terms and conditions and connect your PayPal account.
  • Click on the Back button and select Withdraw.
  • Your payment will be released after 30 days. If you prefer to withdraw funds to your Zelle account, select Zelle instead of PayPal. Remember that a minimum balance of $100 is required for withdrawal from TikTok.

TikTok Creator Fund Earnings vs. Traditional Monetization Methods

Unlike traditional methods like sponsorship or advertising, the TikTok creator fund allows creators to earn money based on their views and engagements instead of followers. However, remember that money earned from TikTok isn’t as substantial as other monetization strategies. Also, the eligibility requirements and payment structure can change at any time.

Creator Fund Dashboard

How to Apply for the TikTok Creator Fund

To apply for the creator fund, fulfill all the eligibility criteria mentioned earlier. After installing TikTok Pro and having an account, you need to follow these steps:

1. Step-by-Step Guide to Submitting Your Application

  • Go to settings
  • Open privacy sections by tapping the three lines on the top-right corner of your I.D.
  • Navigate to Creator Tools
  • Choose the TikTok Creator Fund option.

2. Updating Your TikTok Profile

Here’s how to update your TikTok Profile for the creator fund.

  • Navigate to your TikTok app and tap on the “Me” icon on the bottom right corner of the screen.
  • For accessing your profile settings

Tap on the three dots at the top.

  • Scroll down to the “Creator Fund” section and click on it.
  • Click “Learn More” to review the Creator Fund terms and conditions.
  • Click “Apply Now” and fill out the application form after checking the eligibility requirements.

Updating your profile and following these steps can increase your chances of being approved for the creator fund and receiving payment.

3. Checking Your Eligibility

To be eligible for the TikTok Creators fund, you must meet the abovementioned eligibility requirements.

4. Submitting Your Application and Waiting for Approval

Don’t miss out on checking the requirements, terms, and conditions before submitting the applications. If you get rejected, you must wait 30 days before re-applying. In case of rejection, You can utilize those days to create engaging content and accumulate additional views.

Common Reasons for Rejection and How to Fix Them

Keep reading to know why your application gets rejected and how you can fix it.

1. Incomplete or Inaccurate Information

Not providing sufficient information will lead to rejection. Ensure you carefully read the application instructions and correctly fill out all the required fields.

2. Low-quality Content

TikTok creator fund only accepts users who create engaging and high-quality content. So if you’re not making quality content, do so to avoid rejection. You can read here for tips and strategies to blow up on TikTok.

3. Fewer Followers

While this isn’t the only criterion for getting approval, a low follower count may impact your chances of acceptance. You can gain followers by making engaging and quality content to avoid this.

4. Violation of TOS

Make sure to follow all the TOS of TikTok strictly. Also, make sure to follow community guidelines so you can avoid application rejection.

5. Not Meeting the Eligibility Criteria

Follow the instructions we’ve mentioned above for eligibility criteria. Not doing so will lead to your application rejection.

Maintaining Your Status in the Fund

Being a creator on the TikTok creator fund, you must maintain your status to receive payments constantly.

1. Post Daily

Post at least once a day to keep the audience engaged.

2. Use of Hashtags

Utilizing relevant hashtags is essential to attract more views and grow your audience.

3. Analyze Metrics

You must analyze your likes, shares, and views to determine which content performs best. Then you can create the type of content that resonates with your audience. You can read here about the most liked videos on TikTok to get inspiration and create the best-performing content.

4. Follow the Rules

Ensure to follow all the TOS of the TikTok creator fund and all of the guidelines and rules set forth by TikTok and the creator fund, such as not copy-pasting, making unique content, and adhering to community guidelines.

Tips for Maximizing Your Earnings from the TikTok Creator Fund

You can double up your earning using this monetary program by following the tips mentioned below:

1. Creating Engaging and Shareable Content

Your TikTok content engagement will tell you how much money you will make. The more the audience engages in your content, the more money you’ll earn. Create content that encourages sharing, comments, and likes, and connect with your audience by replying to comments.

2. Understanding the TikTok Algorithm

Ensure to utilize the algorithm of TikTok creator fund carefully. You can see the brief explanation mentioned above if you don’t know about it.

3. Collaborating with Other TikTok Creators

Collaborating with other creators can help you reach a wider audience and increase engagement. Look for creators relevant to your niche and reach out to them.

4. Building a Loyal Audience and Nurturing Your Community

One of the most important factors to maximize earnings is building a loyal audience and nurturing your community. It means creating content that resonates with your viewers, engaging with them regularly, and showing appreciation for their support.

Conclusion

With the ever-growing popularity of TikTok, the TikTok creator fund is a fantastic opportunity for talented individuals to earn revenue while producing content they love. By understanding the ins and outs of the fund, you can take full advantage of this lucrative platform.

So why wait? Begin your journey towards a full-time income from the creator fund. Your creativity and passion today pave the way for a successful and fulfilling TikTok career.

FAQs

1. How Long Does It Take to Get Approved?

The approval process varies, but you’ll usually get a confirmation notification 30 days after they review your application.

2. Can You Lose Your Eligibility?

The answer is yes. If you violate community guidelines and the TOS of the TikTok creator fund, you’ll lose your eligibility.

3. Are There Any Restrictions on Content?

Yes, there is a specific limit for posting content on TikTok Creator Fund. For example, you cannot post content that promotes hate, is sexually explicit, glorifies dangerous activities, and is misleading or fraudulent content.

4. Can I Make a Full-Time Income from the TikTok Creator Fund?

Well, the answer isn’t straightforward. The earning will depend on your content’s number of views. Some creators may be earning a substantial amount. However, it’s not enough to make a full-time income.

Awais Younas
Awais Younas
Co-founder of SocialBu. Entrepreneur, SEO, and Content strategist by profession

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