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TikTok is introducing new ways for pages to monetize their presence on the platform via digital “gifts” and tips.

Notably, these tools are exclusive to individual creators or entrepreneurs through the Creator Next monetization suite, which is not available to brands on the platform.

In a way, this makes sense as the new monetization features are designed to be direct ways for other users to reward creators for sharing great content. Let’s talk about exactly what these new features are.

TikTok Tips

TikTok now allows users to send money directly to creators as a “tip”.

The feature is managed through Swipe and requires an account with that service to be eligible to receive tips. 

Although creators will receive 100% of the value of the initial tip, TikTok will apply a service fee to generate revenue from this feature.

Signed-up profiles will include a new icon on their profile, which will allow users to send $5, $10, $15, or custom tips up to $100.

By default, others will be able to see when you send or receive a tip, unless you specifically choose to make your tip anonymous.

To prevent misuse, TikTok limits users to $500 total or up to 100 transactions per day.

TikTok Video Gifts

TikTok’s new Video Gifts blur the line between Reddit awards and its tipping system. It allows users to pay to reward content they love with specific gifts, which are shown to other viewers.

The big difference between this and something like “Reddit Gold” is that recipients can then exchange their rewards for actual money via a virtual currency called “diamonds”.

Interestingly, gifts come with some very unique benefits, including a boost in the platform’s algorithm:

As the announcement says:

“… a key metric that TikTok uses to assess the popularity of a video is the number of Gifts sent to a creator’s content.”

Are You Eligible?

Users interested in utilizing these monetization features must:

  • Be 18+ years old
  • Have at least 1,000 video views in the past 30 days
  • Have at least 3 posts in the past 30 days
  • Be in good standing regarding TikTok’s community guidelines
  • Reside in the US, UK, Germany, France, Italy, or Spain

If your account meets these requirements, you will be able to opt-in to the Creator Next suite.

For more, read the announcement here.

*UPDATE* – The roller coaster continues. Late Saturday, President Trump told reporters he approved of a deal which would see TikTok’s US operations taken over by Oracle and Walmart.

“I have given the deal my blessing,” said Trump as he left Washington for a North Carolina rally. “I approve the deal in concept.”

Following the news, the US Department of Commerce said it is delaying the upcoming removal of TikTok from American app stores in “light of recent developments.”

Now, the department says TikTok will remain available on US iOS and Android stores until September 27th, unless a deal is finalized and approved.

*Original Article*
It is official. TikTok will be formally banned from Android and iOS within the United States starting Sunday, September 20, 2020.

This means that people within the US will be unable to download the app from trusted app stores.

Those who have the app already downloaded can continue to use the app, however, they will be unable to download any updates released in the future.

Following this, an effective ban of the platform will go into effect starting November 12, at which time the app will be completely unreachable in the US.

The announcement from the US Department of Commerce also stated that any workarounds to access TikTok will also be banned.

The announcement came as somewhat of a shock, as TikTok had made visible efforts to sell its US operations which would satisfy the conditions issued by the Department of Commerce.

As the department said in the announcement of the effective ban:

“The President has provided until November 12 for the national security concerns posed by TikTok to be resolved. If they are, the prohibitions in this order may be lifted.”

According to President Trump, who signed the ban into effect via Executive Order on August 6, 2020, TikTok and WeChat – owned by the same company – pose a threat to national security.

The Department of Commerce elaborated on this:

“Today’s announced prohibitions, when combined, protect users in the U.S. by eliminating access to these applications and significantly reducing their functionality…

Each collects vast swaths of data from users, including network activity, location data, and browsing and search histories…

This combination results in the use of WeChat and TikTok creating unacceptable risks to our national security.”

TikTok spokesperson responded to the news in a statement which called the move “unprecedented”:

“In our proposal to the U.S. Administration, we’ve already committed to unprecedented levels of additional transparency and accountability well beyond what other apps are willing to do, including third-party audits, verification of code security, and US government oversight of US data security.”

It should be noted that the United States is not the only country to express concerns about TikTok or even to ban it from their country. India banned the app starting in July of this year, while others including Japan have openly considered banning the service.

As part of an ongoing legal battle with the United States government, TikTok has revealed its total number of active users for the first time ever. 

The hugely popular social app has been dominating the top charts of app stores for months, though it was never clear exactly how many people were using the app regularly. 

In a new court filing as part of the company’s lawsuit against the US government, however, TikTok shared data about its daily active and monthly users.

Active US Users

TikTok receives as many as 100 million active users in the United States every month, with 50 million users returning to the site every day. 

According to the company’s filing, that number represents an 800% increase since January of 2018.

Here are some major milestones in TikTok’s growth over the past few years:

  • 11 million monthly US users in 2018
  • 27 million monthly US users in 2019
  • 91 million monthly US users in June 2020

Since June, the app says it has increased to finally reach 100 million active monthly users from the US.

Active Global Users

In addition to revealing the company’s active US users, TikTok disclosed its total number of downloads and active users around the world. 

In total, TikTok’s app has been downloaded more than 2 billion times. 

As of July 2020, the company is seeing 700 million active users around the world each month. 

These highlights help show the overall growth of the app around the world:

  • 54 million monthly active users in January 2018
  • 271 million monthly active users in December 2018
  • 507 million monthly active users in December 2019

While these numbers are certainly impressive compared to most social networks, TikTok still lags far behind Facebook’s 2.7 billion global active users each month. 

Why TikTok Is Revealing This Now

While TikTok has steadily become one of the biggest online platforms around – especially when it comes to younger internet users – the app is in danger of being banned from the United States next month. 

The Trump Administration has filed an executive order which would ban TikTok’s parent company, ByteDance,  from operating in the United States. This came following concerns the Chinese-owned app was being used to collect personal data on Americans. 

TikTok has denied these claims and is fighting the executive order in court saying the company has been denied due process. 

If the company loses in court, it is also possible TikTok’s US operations could be sold to an American company like Microsoft.