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The Radical Egalitarianism of TikTok's Creator Fund Matters
In a world where people are starting to pay more and more money to content platforms, and those platforms share that money with creators it’s about time we gave users the ability to decide what kind of content they want to reward.
Hank Green • Letting Users Decide Who Gets Paid
To make $1000 per month, a creator needs about 100K Instagram followers, 2M views monthly on YouTube or 25M on TikTok (New Creator Manifesto, 2021). Contrast this with platforms that provide a more competitive mechanism for creator monetization. Just over 200 subscribers on Substack, OnlyFans, Twitch or Patreon at $5 per month will yield the same $... See more
Troy Young • Web3 and Media
TikTok’s feed is not based on any social or follower graph. Instead, videos pop up based on an algorithm that prioritizes engagement, irrespective of who users follow. This dilutes the identity of creators, resulting in very weak network effects. However, it has remained viable because of its high CTC ratio — about 34% of daily active users in the ... See more