Just Like YouTube, TikTok Announces New Programme For Content Creators To Become Millionaires

Just Like YouTube, TikTok Announces New Programme For Content Creators To Become Millionaires

  • TikTok has released a new programme for content creators to make more money in the network
  • The company said the new model would allow creators to make more and monetize more revenue
  • There have been reports of complains from content creators that they are not earning enough

PAY ATTENTION: See you at Legit.ng Media Literacy Webinar! Register for free now!

TikTok, the popular short video social media platform, has unveiled its latest monetization tool to support content creators to earn more revenue.

The program, dubbed the 'Creativity Program,' is still in beta testing hopes of fostering creativity, generate higher revenue potential, and unlock more exciting opportunities for eligible creators.

TikTok has revealed that the program will initially be available to creators by invite-only before opening up to all eligible creators in the coming months.

Tiktok creators making money
Tiktok wants creators to make more money Photo credit: @tiktok
Source: Getty Images

How to apply

To qualify for the Creativity Program, users must be at least 18, meet the minimum follower and video view requirements, and have an account in good standing.

Read also

Meta subscriber plan risks digital divide, say critics

PAY ATTENTION: Subscribe to Digital Talk newsletter to receive must-know business stories and succeed BIG!

The new program is part of TikTok's suite of monetization solutions, including LIVE Subscription and TikTok Pulse.

The program is currently available in the US, France, and Brazil, with plans to expand to more regions soon.

Creators already enrolled in the TikTok Creator Fund can switch to the Creativity Program, while those not enrolled can apply once it becomes available.

Requirments to apply

To earn revenue from the program, creators must create and publish high-quality, original content longer than one minute.

The updated dashboard will provide video eligibility, estimated revenue, and video performance metrics and analytics.

TikTok also urged creators to ensure that all videos abide by the Community Guidelines for safety reasons.

Top Nigerian content creators on YouTube

Meanwhile in another report Legit.ng revealed that YouTube, the video streaming platform, has released a list of top content creators from Nigeria who got the highest subscribers in 2022.

Read also

Musk’s bold move to charge Twitter users for verification grabs Zuckerberg's attention, others may follow

The platform's end-of-year list also identifies trending videos, music videos and shorts created by Nigerians.

The list includes Real OGB Recent (Cultist), real name Michael Charles who emerged as the best content creator in Nigeria for 2022 and Oga Sabinus, whose real name is Emmanuel Chukwuemeka.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.