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TikTok says it is launching a new $200M creators fund to pay creators directly for their content

The first major monetization effort from the company  —  As TikTok continues to grow in popularity and its personalities become mainstream celebrities in their own right …

The Verge Julia Alexander

Context & Ripple Effects

TikTok has grown on the strength of personalities who became mainstream celebrities without any direct payment from the platform itself — this $200M fund is its first move to change that, paying creators out of a company-run pool rather than leaving income to brand deals.

The commitment scaled almost immediately: a week later TikTok said it would pay US creators $1B+ over three years and opened a $70M fund for some European countries, turning an announcement into a standing compensation program that would keep being revised for years.

First-order effects

  • US creators gain a direct revenue line from TikTok for the first time — money flows from the platform's own fund rather than from advertisers or brands brokering deals around the creator.

Second-order effects

Third-order effects

  • The fund's opacity problems set the template for its successors: by 2024 TikTok replaced the discretionary pool model with Creator Rewards, which ties payouts to explicit metrics like search value, originality, play duration, and engagement — and earlier reports had it planning per-video charges of $1+ and a 'Fund 2.0' for 100K+ follower accounts.

The trend: Short-video platforms are institutionalizing direct creator compensation, evolving from fixed promotional funds toward metric-formula payout systems that make creator income a core product feature.