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TikTok is shutting down its $1 billion Creator Fund

November 6, 2023

Via: BGR

TikTok is shutting down the original way creators could make money on the social media platform.

In 2020, TikTok announced the Creator Fund. The company said that it would pay creators out from a pool of $1 billion for those who created popular content. While people flooded to the platform to make their millions, most people found that their earnings from the fund were quite small, equating to mere dollars for millions of views sometimes.

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