70% cut is surprising, I thought it's 50% like Twitch. Indeed, Googling "tiktok streaming gift cut" still tells me TikTok takes 50% commission on multiple sites. I wonder if there are withheld taxes or something.
it's not the best comparison imo. For twitch's own gifting system(Bits), streamers get 100% of the bits when streamers cash out(100bit = $1 but when purchasing it, 100bit costs ~$1.3). the 50/50 split for the subscriptions(when a viewer subscribe to a streamer - 3 tiers, the cheapest being $4.99, and streamers would get half of that)
Ugh, how long until those tip screens start offering “gamification” like this?
App stores are taking 30% off the top. The article doesn't talk about that, so I wonder if they are taking the total and working from there.
$1000 in donations means $300 to the app store, which would leave $400 for TikTok and $300 for the streamer. While that still doesn't look as good, 40% is significantly less than 70%.
Edit: In the test they performed, it's clear they are ignoring the app store fee. Simply put, this is a really misinformed article at best.
Some % of the 70% is profit, therefore the evil CCP is profiting off begging refugees.
The default ratio is $1.40 for 100 bits.
And the 50/50 split for subs is only on the web. In the app, it's not a 50/50 split as the subs cost more.
Yes, the streamer gets 100% of the bits, but it's not equal to the $$ amount.