TikTok announce $2 billion Creator Fund expansion: How to qualify & apply - Dexerto
Entertainment

TikTok announce $2 billion Creator Fund expansion: How to qualify & apply

Published: 30/Jul/2020 22:20 Updated: 30/Jul/2020 22:30

by Virginia Glaze

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It’s no secret that TikTok is taking over the internet, already boasting a slew of high-profile creators and viral trends — and to celebrate it’s burgeoning community, the site is supporting its up-and-coming talent with a huge new initiative.

With names like Charli D’Amelio, Addison Rae, Loren Gray, and others making massive careers on TikTok, it stands to reason that a number of other hopeful users are looking to make their own voices heard on the app.

With this in mind, the platform has launched a new program specifically for these hardworking content creators, dubbed the TikTok Creator Fund, which originally put forward a whopping $200 million for those who “dream of using their voices and creativity to spark inspirational careers.”

On July 30, it was revealed that the amount was expected to be expanded to “over $1 billion” in the next three years in the US alone, and “more than double that” worldwide.

But how does one qualify for the program, exactly? Not to fear; we’ve gathered up all the deets you need to know to make your own mark on the world with TikTok’s help!

How to qualify for the TikTok Creator Fund

To be eligible for the Creator Fund, TikTokers must:

  • Be 18 years or older
  • Meet a baseline for followers (as yet unrevealed)
  • Consistently post original content in line with the app’s Community Guidelines

Thus far, the amount of followers TikTokers should have to qualify for the Fund’s baseline has yet to be revealed, although more information will likely be made available as the deadline for the program approaches in August.

TikTok on smartphone
Pixabay
TikTok is launching a $2 billion initiative for up-and-coming creators in the United States, in spite of fears the app could be shut down due to security concerns.

Although a specific starting date for the Fund also has yet to be divulged, users can expect the application process to kick off at the beginning of August — just over a week away for hopefuls seeking to become the next Charli D’Amelio.

TikTok’s Creator Fund will exist alongside the app’s already ongoing initiatives, such as its $50 million Creative Learning Fund for teachers, it’s live streams and the Creator Marketplace, which allows brands to connect with the platform’s creators to build partnerships.

Considering the app’s already huge user base and massive success, we can’t wait to see what new faces will come out of this massive project. Who knows — it could even be you!

Entertainment

TikTok dominates Forbes 30 under 30 list: Addison Rae, D’Amelio’s, more

Published: 1/Dec/2020 15:56

by Connor Bennett

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A handful of TikTok stars including Charli and Dixie D’Amelio, as well as Addison Rae and Loren Gray have been named in Forbes’ 2021 edition of the social media 30 under 30.

With TikTok blowing up similarly to Vine, plenty of creators have become stars – taking their TikTok following and doing something else, be it starting a YouTube channel or launching a music career. 

However, some have become household names, creating their own brands and linking up with hugely successful companies for collaborations – see Charli D’Amelio dominating in the advertising space and creating their own products with Sabra and Dunkin’ Donuts respectively. 

Each year, success like this is recognized by Forbes and their 30 Under 30 list, which highlights rising stars in a long line of spaces – and it should come as no surprise that a number of TikTok stars have made the cut this year. 

dixie and charli damelio on Instagram
Instagram: dixiedamelio
Charli and Dixie have seen unrivalled success on TikTok.

TikTokers on Forbes’ 2021 30 Under 30 list

The American business magazine released their 2021 list for the 30 Under 30 on December 1, with the D’Amelio sisters – Charli and Dixie – making up one of the seven spots claimed by TikTokers. 

Both Addison Rae and Loren Gray also made the cut, which should come as no surprise saying as they’re both still inside the top five most-followed TikTok accounts. 

Additionally, Avanni Greg, Spencer Polanco, Michael Le & Michael Uy, and Jalaiah Harmon – the originator of the Renegade dance – also make the cut. Though, the latter is named as a ‘dancer’ despite her following on the app.

Forbes 30 under 30 social media list for 2021
Screenshot via Forbes
TikTokers made up nearly a quarter of this years list.

David Dobrik is also listed as a TikToker – which might cause a few fans to scratch their heads and question it – seeing as he had plenty of prior success on YouTuber. 

Either way, though, with nearly a quarter of the list being taken over by TikTok stars, it shows how far the app has come, and just how far some creators can go if they manage to build up a big enough following. 

It’ll be interesting to see if anyone else can replicate their success next year, or if these TikTokers are the main trendsetters.