TikTok is killing its Creator Fund after months of criticism from influencers
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(NBC NEWS) - TikTok is shutting down its $2 billion Creator Fund, a 2020 initiative designed to help pay eligible users making content on the app, a spokesperson for the
TikTok has announced that it's shutting down its original $1 billion Creator Fund and shifting the focus to its newer Creativity Program. Starting December 16, the Creator Fund will be discontinued in the United States, United Kingdom, France and Germany. Creators who are currently enrolled in the Creator Fund can switch to the Creativity Program.
TikTok has announced that it's shutting down its original $1 billion Creator Fund in favor of its newer Creativity Program.
TikTok's Creator Fund, an original monetisation scheme on TikTok where it would promise to pay out $1 billion over three years to creators, is shutting down on December 16th according to reports.