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TikTok is still social network which everyone strives to replicate in order to succeed, and the platform that most attracts casual or experienced content creators. Thanks to the high level virality in the content of the application bytedance Followers, views and revenues are constantly growing, although the new feature may change something: TikTok is preparing paid access system.
According to the information, TikTok will add several features to the system to increase usage and reach a different audience, with the idea of counteracting a noticeable slowdown in the growth of users over 18 in the United States.
Part of this new wave of features will allow content creators to charge for watching videos on a site as a variable for subscription systems on other services. The minimum price will be set at one dollar, but the content creator will determine the final cost that subscribers will bear.
Additional fund for creators
In addition to this revenue system, TikTok has been working on a fund for creators in the US, after running it in Brazil and France. The fund covers up to $1 billion and serves to cover video revenue for three years, but the company is considering including 100,000 new high-end TikTokers in the allowance.
According to Zachary Kizer, TikTok spokesperson: “Everyone can be a creator and everyone can enjoy entertainment from our inspiring creators, and our goal is to continue to innovate these experiences so people can express themselves, find their community, and be rewarded for their creativity.” . .” In an email published by The Verge, the spokesperson mentions that TikTok is “committed to exploring new ways to create valuable and rewarding experiences for the creator community.”
Source: RPP
I am Ben Stock, a passionate and experienced digital journalist working in the news industry. At the Buna Times, I write articles covering technology developments and related topics. I strive to provide reliable information that my readers can trust. My research skills are top-notch, as well as my ability to craft engaging stories on timely topics with clarity and accuracy.