TikTok announces $200million fund for content creators

TikTok has announced a new US $200million fund to pay content creators for their videos.
Dubbed the TikTok Creator Fund, the fund is meant to help support “ambitious creators who are seeking opportunities to foster a livelihood through their innovative content”, as according to a recent blog post on TikTok’s website.
While the post claims the fund will be distributed over the coming year, it did not state how often payments will be made, or if there was a limited number of cont