TikTok’s position in social media as the number one platform is unquestionable. The platform’s visual appeal, hook potential, trends, and combination of video, music, and text dwarfed Twitter, Facebook, Instagram, and Snapchat, and even these platforms are now seeking to emulate some of TikTok’s features. One of TikTok’s features is Live, where creators engage directly with their audience, and their audience can reward them with gifts.
One of these gifts is the galaxy, which displays a galactic background on them for a short period. There’s the usual rose, the baseball cap, and the coins. These gifts are exchangeable for money on the creator’s behalf, which is a great incentive for TikTok creators to engage in the platform as it’s paying them for their content. So, let’s find out how much a galaxy is worth on TikTok.
TikTok Lives
As stated earlier, TikTok will pay creators for their content in Lives. If you are doing a TikTok live and receive gifts, these are exchangeable for money. These donations that you will receive from your followers have a price range. It’s important to consider the price range of gifts when you’re showing your appreciation for a content creator on TikTok because you wouldn’t want to drain your bank account.
To gift something in TikTok, you must pay for coins. One diamond accounts for two coins. A galaxy is one of the most expensive gifts out there, and that represents an investment that you must factor into your budget because you simply can’t hand out galaxies left and right because it will make you go broke.
Commissions & Fees
Regardless of how generous you might be towards a creator, TikTok will charge a 50% fee to every creator for every gift they receive. So, suppose you send a $10 gift, that means the creator gets $5, and TikTok will receive $5 as a commission fee. Creators can withdraw their funds after they reach a minimum of US$ 100 and are also limited to weekly withdrawals of US$ 1000. That translates to US$ 4,000 a month. So, if you plan to live on TikTok, you’re only getting that per month.
The TikTok Creator Fund
Joining the TikToker creator fund is another well-liked way for TikTokers to make money. No matter how many gifts one may receive, whether they are diamonds or galaxies, the creator fund is in no way affected. Users are simply paid by the creator fund based on how many views each video receives. Several creator fund participants have reported making about $4 for every 1,000 views. TikTokers can also make money on the platform by approving brand deals with various businesses or musical artists.
How Much Is A Galaxy Worth On TikTok?
So, how much is a galaxy worth on TikTok? A galaxy is worth 1,000 coins, and that’s US$ 10.
Also Read: How To Create A TikTok Playlist In 2022?
