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In August 2020, TikTok launched the Creator Fund; a $200 million initiative that it estimates will grow to $1 billion over the next three years. According to TikTok(opens in a new tab), the fund's purpose is to "support ambitious creators who are seeking opportunities to foster a livelihood through their innovative content." In other words, TikTok will give you money for the videos you create. Mashable Image To participate in the Creator Fund, you need to already have some traction. You must have at least 10,000 followers and at least 100,000 video views in the last 30 days to be eligible to apply. And you also need to be 18 years or older and be based in the U.S., UK, Germany, Italy, France, and Spain, where the fund is currently available. TikTok is vague as to how the funds are actually calculated, citing a "number of factors," including page views and engagement. It's worth noting that some creators say they're making a fraction of what they expected to earn according to reports from VICE(opens in a new tab) and Wired(opens in a new tab). TikTok's Creator Marketplace is a platform that introduces brands to creators for paid campaigns or sponsorship opportunities. Brands can search for creators within the marketplace by country, age, topic, etc. and reach out directly for paid collaborations. Tap 'Balance' to access gifts and diamonds you've earned. Credit: mashable / tiktok Tap 'LIVE Gifts' to exchange diamonds into dollars. Credit: TikTok Selling your own merch: You'll need a lot of followers to make real money doing this, but since TikTok's announced that creators can soon sell products within the app via Teespring, ecommerce is expected to play a big role on the app. While the Teespring integration isn't yet available to all users, it's already pretty easy to sell merchandise by adding a link in your profile to whatever third party selling app you use, such as Shopify or Magento. camera bag cyber monday
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