TikTookay pronounces first recipients of its $1bn Creator Fund

San Francisco, August 11

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

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

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

The different chosen accounts embrace 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, TikTookay US, wrote in a weblog publish.

TikTookay mentioned it launched the Creator Fund to additional help creators of all sizes and backgrounds via 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 at the least 10,000 video views within the final 30 days, and publish unique content material in keeping with its Community Guidelines.

TikTookay is going through an unsure future within the US as President Trump earlier this month issued an govt 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 TikTookay’s US enterprise by round September 15– a deadline set by Trump.

TikTookay has threatened authorized motion difficult Trump’s govt order.

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