TikTook pronounces first recipients of its $1bn Creator Fund

San Francisco, August 11

Amid an unsure future on account of measures taken by the Donald Trump administration, TikTook has named the primary 19 recipients of its $1 billion TikTook Creator Fund within the US.

First introduced final month, this fund will attain lots of of 1000’s of creators, beginning with $200 million and rising to $1 billion within the US over the following three years, and greater than double that globally, TikTook mentioned.

The 19 creators named by TikTook on Monday embody David Dobrik, Brittany Tomlinson, Cheyenne Jaz Wise, Justice Alexander, Michael Le, Marissa Ren, and Ross Smith.

The different chosen accounts embody these of Matt Broussard, Alex Stemplewski, Avani Gregg, Jess Andrade, Darryl Jones, Yumna Jawad, Chance Moore and Kate Hudson, Fayez, Matt Gresia, Isabella Avila, Spencer Polanco Knight and Anthony Youn.

“Each of these creators has shown what it means to be your authentic self, bring joy and inspiration to people, and creatively connect with an audience,” Vanessa Pappas, General Manager, TikTook US, wrote in a weblog publish.

TikTook mentioned it launched the Creator Fund to additional assist creators of all sizes and backgrounds by earnings that reward the fervour and dedication they put into “inspiring, uplifting, and entertaining the TikTok community”.

“There are so many more creators that make TikTok the platform that it is today and we encourage all of our eligible creators to apply to the Creator Fund when the application process opens in-app mid-August,” Pappas mentioned.

To be eligible, customers should meet the minimal eligibility necessities, together with being 18 years or older, meet a baseline of 10,000 followers, have accrued a minimum of 10,000 video views within the final 30 days, and publish authentic content material consistent with its Community Guidelines.

TikTook is going through an unsure future within the US as President Trump earlier this month issued an government order that prohibits transaction with the corporate’s Chinese proprietor, ByteDance, by any entity within the US inside 45.

The order got here after Microsoft revealed the intention to shut a deal to buy TikTook’s US enterprise by round September 15– a deadline set by Trump.

TikTook has threatened authorized motion difficult Trump’s government order.

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