TikTok is under fire for allegedly profiting from refugee live streams.
that its commission from digital gifts was significantly less than 70%. However, the company declined to confirm the exact amount.ran a further experiment to track where the money goes.
A reporter in Syria contacted one of the TikTok-affiliated agencies saying he was living in the camps. He obtained an account and went live, whileAt the end of the live stream, the balance of the Syrian test account was $33. TikTok had taken 69 percent of the value of the gifts. Users can send live gifts on TikTok by use of virtual coins. These gifts, according to the company’s policy on virtual items, can be used to “rate or show your appreciation for an item of User Content that is uploaded or streamed by another user.” The gifts are then converted to “diamonds” in the recipient’s account, which can be swapped out for money.
“Diamonds are based on the Gifts a Content Provider receives, at a rate of conversion to be determined by us from time to time in its absolute and sole discretion,” TikTok writes on its website. It is unclear how much TikTok receives as commission upon withdrawal.
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