It feels good when someone sends us a gift, right? We feel appreciated and it is some kind of validation.
TikTok has utilized this intention and has included a feature of virtual gifts through which anyone can send a gift to their favorite creator.
There are numerous types of gifts including the TikTok galaxy. Every gift has value and is purchased with real money.
How Much Is A TikTok Galaxy Worth?
It costs 1000 TikTok coins to buy a galaxy on Tiktok.
Users can give their favorite creators virtual gifts which are in the form of different emojis and one of them is TikTok Galaxy.
You need TikTok’s in-house currency coins to buy any gift. These coins need to be purchased with real money.
So, if a user is spending 1000 TikTok coins to buy a galaxy, it is approximately worth $13.50. .
Please check out the table below to understand how much pack on coins costs in dollars:
| Coins | Price |
| 5 | $0.07 |
| 70 | $0.99 |
| 350 | $4.99 |
| 700 | $9.99 |
| 1,400 | $19.99 |
| 3,500 | $49.99 |
| 7,000 | $99.99 |
| 17,500 | $249.99 |
Once a creator receives any gift, it gets converted into diamonds and they can only encash the diamonds when they are worth $100 dollars.
The creator receives half of what was spent by the user/fan because, for every gift a creator receives, TikTok takes a commission of 50%.
Also Read:Is TikTok Bad For Your Brain?
What Is The Value Of TikTok Gifts?
TikTok gifts are actually valuable, it is one of the ways through which any creator can monetize their content.
Every gift is worth certain coins and as we know, people buy money with real money. Therefore, every TikTok gift has value in terms of dollars.
On TikTok, there are a variety of gift options, ranging from a small rose worth 1 coin to a TikTok Universe worth 34999 coins.
We have listed down all possible TikTok Gifts with their value below:
Most Expensive Gifts on TikTok:
| Name of the Gift | Value in Coins |
| Drama Queen | 5000 |
| Unicorn Fantasy | 5000 |
| Castle Fantasy | 20000 |
| Golden Car | 29999 |
| Lion | 29999 |
| TikTok Universe | 34999 |
New Gifts Added in 2022-23:
| Name of the Gift | Value in Coins |
| Love Chat | 400 |
| Sunset Speed | 10000 |
| Makeup Box | 1999 |
| Rabbit | 1999 |
| Washing Bottle | 1 |
| Corgi | 299 |
| Cat | 3999 |
Other Gifts:
| Name of the Gift | Value in Coins |
| Ferris Wheel | 300 |
| Love Balloon | 699 |
| Mini Fridge | 1788 |
| TreeHouse | 1799 |
| Ice Machine | 538 |
| Goggles | 199 |
| Garland | 1500 |
| Coral | 499 |
| Cookie | 1 |
Also Read: How Much Is 1000 Coins On TikTok
How To Earn Money Via TikTok Gifts?
Earning money through TikTok gifts is not as easy as it sounds. You need to be consistent with your content and build a good social media presence on the app so that other users are interested in sending you gifts.
There is a certain eligibility criterion as well to send and receive gifts. Let’s take a look at that:
- You should be 18 and above
- You should at least have 10000 followers
- You should have an account that is at least 30 days old
- Your content must be adhering to all TikTok policies
To read it in detail, we would suggest you read it from their website.
So, if you manage to clear all the eligibility criteria, start doing live streams. The point here is not only to earn TikTok gifts but also to build a real connection with your followers.
You need to please and do your best to keep your followers happy and then only they will start giving you gifts.
If someone sends you a gift, it gets converted into diamonds and later you can encash it in your PayPal account.
Please note that TikTok takes a commission of 50% on each gift you receive.
You can only encash money when you have collected at least $100 in your account.
More Ways To Monetize From TikTok
TikTok Creator Fund
You can earn money through this fund that is created by TikTok to encourage creators to produce creative content.
The amount you receive is not fixed but it is approximately $0.30 to $0.50 for every 1000 views you receive on your videos. So, you will roughly make around $30-$40 for every million views.
There are certain eligibility criteria for this fund:
- You need to have at least 10000 followers
- 100000+ views in the last 30 days
- The age should be 18 and above
- Community guidelines must be followed
- A TikTok Pro Account is needed
- You need to be located in US, UK, Italy, Germany and France
Also Read:How Many Followers On TikTok To Make Money?
Brand Deals & Partnerships
One of the most lucrative ways to earn money through TikTok is by doing brand deals and partnerships.
Here even if you have fewer followers, you can find brand deals and earn money. In fact, a lot of brands want to work with micro-influencers with a good engagement rate to advertise their product.
You should write cold emails to brands and companies that align with your target audience and values. Sometimes, brands themselves discover you if you have built a solid social media presence on TikTok and various other platforms.
All the big TikTok creators have partnered and have done sponsored content with big brands. The sponsored content pays creators good money.
Also Read: What Does Yellow Heart Mean On Snapchat?
Affiliate Marketing
Affiliate marketing has been around for a long time, even before TikTok existed. Now, if you have a huge TikTok presence, doing it is a profitable way to get some extra cash.
All you need to do is place the affiliate link in your bio or a caption. Along with affiliate links, brands can also give you unique coupon codes through which your followers might get a special discount.
Every time a user clicks on that link and buys the product or services of the brand, they will get a commission out of it.
Selling Your Own Merchandise
Once you’ve successfully built a community on TikTok, you can start selling your own merchandise to them.
This not only helps in earning money but also establishes and creates a more solid personal brand.
You can sell personalized T-shirts, mugs, stationery, accessories, etc. Many big creators have done that and have seen successful results. You need to sell something that is valuable and has a personal touch to your followers.
You can find these products on BPS.com.Besides, there are other exquisite products include Custom Pens, Coins, Medals, Lanyards, Lapel pins, Keychains, belt buckles, stickers, and more.
Conclusion:
Virtual gifts are the way through which fans and followers show their favorite creators their appreciation.
If you want to earn gifts, you need to build a good following on TikTok and be connected with them.
Also, remember, virtual gifts are not the only way to make money on TikTok. There are other ways like sponsored content, affiliate marketing, etc that can help you make money.