…half a million is reserved to push support Pinterest influencers.
Pinterest once rolled out “creator profiles” and “story pin” towards the end of 2020 — this feature bolsters a user’s profile with the utmost contents to show off their contents to a broader user base. The users with the highest content are also enabled to build their thread of followers directly.
In contrast with other social media such as Instagram, YouTube, Spotify, etc. that scheme on making the platform influencing other creative users — Pinterest is also adapting to this culture. Pinterest, the photography-based social media has now taken that bold step to assigned small grouped influencers onto the platform to benefit from its newly “Creator Fund.”
Pinterest rolls this feature with a sole motive that places the influencers creating new content for its platform on a payroll. They made the least half a million dollars ($500,000) accessible — the raw cash is meant to last till the year runs out.
Although, the photography-based social media already initiated the program with a selected few — these creators are lower classed individuals who need finance to bolster their standard of living. Still, Pinterest notes there is room for more creators to benefit from the program. The timeline of the program is scheduled to last for a year, 2021.
Pinterest has joined the long list of tech companies that uses finance to support influencers directly, other social media includes TikTok, YouTube, Snapchat, Instagram, and many more others. In the wake of the pandemic, TikTok assigned $200 million to support the most creative user while other social media has been responsive with payment to millions of users who have created viral content.
In contrast with these other companies, Pinterest devised a modest means to make funds available for its users for the culture. They also noted that their means of spreading these funds will be remarkable and different from the methods used by other social media.
Accordingly, Pinterest also rolled out a new list of policies to safeguard spreading funds appropriately — these guidelines dubbed the “Creator Code” differs from their initial policy protecting its services. This new code is dedicated to Pinterest users who are linked with its Story Pins. The creator code applies to the entire Pinterest’s user-base — including those who benefit as an influencer and otherwise.
However, you have to agree to its Creator Code that deals with ascertaining facts about the user while creates a sample of contents to be aired on Pinterest. For instance, Creators Code does not deviate from Pinterest’s original policies that tags hate speech and misinformation (which could either be health or election base) as prohibited content.
According to Pinterest’s head of Policy, Sarah Bromma highlighted the need to venture into influencer culture while the Creator Code is “intended to encourage Creators to understand and bring to life the spirit – as well as the intent – of our content policies. They won’t have their own set of policies but will be held to the same standards as all of our users on issues such as content safety, intellectual property, and spam.”
Pinterest autonomously released features to bolster its services — the funds for the influencer, creator code, and the last but not the least — the comment box. The comments moderation features as a means to encourage users to leave positive remarks about other users’ contents.
Meanwhile, this feature is closely related to other social media that tweak its comments to feature proactively — warning users about sharing comments that violate its policies. Instagram, Twitter, Facebook, and TikTok still utilize these tools.