TikTok to Pay Creators of Popular Effects

Closing Bell

TikTok to Pay Creators Producing Popular Filters, Effects

That we're following. Tik Tok announced it will start paying creators for producing filters and effects for the platform. As part of a $6 million fund called Tik Tok that created rewards. The app will compensate users and select regions to make high performing effects. Tik Tok said in a blog post that payment is based on the community engagement with their effects. And so users will get $700 per effect if it's been used in 500,000 different videos within 90 days of being published and if more than 500,000 videos are made using the effect, the creator will get an additional $140 for every 100,000 videos published within a 90 day period. So a good way to make some side money.