$1 billion for creators, announced Facebook

The founder of Facebook, Mark Zuckerberg said at his last conference meeting that it will be a great opportunity for the content creators because Facebook will pour more than $1 Billion to the content creators on social media networks. This will be done through the year 2022.

This is announced to take all the attention of the whole community on social media and it will increase the value of the company too. This is a huge program made by Facebook as the reach of this app is too high as we can see in today’s situation. Content creators get a cash bonus for running ads on their videos or for reaching a certain milestone in their own live streams.

The reason behind the announcement by Mark Zuckerberg is to attract new content creators to this platform and also compete with other rival platforms like Tik Tok, clubhouse and Google-owned YouTube. Mark Zuckerberg shared a post where he wrote “We want to build the best platforms for millions of creators to make a living.” More new updates are coming soon from Facebook so will have to look forward to that note.

But this program will be going to help every single content creator to make fame on the platform and also a huge opportunity to make money by creating good and unique stuff. Facebook and other social media platforms make new artists and give them a stage for making livelihoods from followings.

The tech companies also tie-up with the social media networks to show their products on every platform and also make revenue from the ads or e-commerce. Facebook also indicated that they will expend more availability for the new creators in the field later in the years. Another post comes up today from Mark Zuckerberg that “the money will be disbursed by the end of 2022”.