Rewards Archives - Gizmochina

TikTok’s Revamped Rewards Program looks towards Helping Emerging Creators

Anubhav — Thu, 12 Oct 2023 14:55:30 +0000

TikTok has updated its Effect Creator Rewards program, with a blog post detailing a more accessible entry threshold and a rejigged payment system. Initially rolled out in May with a $6 million fund, the program financially compensated creators for designing filters, effects, and mini-games.

Creators previously had to be featured in at least half a million videos before becoming eligible

Before, to become eligible for the program, creators needed to have their filters featured in at least 500,000 videos. Now, the requirement has been significantly relaxed. TikTok asks creators to have a mere five filters uploaded, with at least three of them being used in 1,000 videos. This is a game-changer for smaller creators who are integral to TikTok’s popularity but often go unrewarded.

The rewards program is also opening its doors to more countries, adding Brazil, Australia, Canada, Finland, Indonesia, Ireland, Japan, Korea, Malaysia, Netherlands, Philippines, Poland, UAE, and Vietnam to the list. A full global rollout remains uncertain.

The compensation model is changing too, moving from a flat fee to a variable pay rate. According to TikTok, payment will depend on several factors, with geographic location as a primary consideration. Although TikTok hasn’t revealed all the specifics, this potentially means creators in developed countries might receive a larger slice of the $6 million pie compared to their counterparts in developing nations.

While these changes seem promising on the surface, they raise concerns over equitable compensation. Is TikTok’s new variable pay rate fair, or does it perpetuate regional income disparity? Reached for comment, a TikTok spokesperson mentioned that the $6 million fund “may increase as we run the program and gather feedback from creators.”

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BYD announces up to 5 million yuan ($685k) reward for reporting corrupt practices

Soumyakanti — Wed, 16 Aug 2023 10:27:16 +0000

BYD, a prominent name in the electric vehicle industry, has taken a significant step towards maintaining integrity within its operations. Through their “Integrity BYD” WeChat official account, the company’s Audit and Supervision Department has announced a new initiative encouraging employees, partners, and others with knowledge to report instances of corrupt practices. This move aligns with regulations safeguarding whistleblowers and promises substantial rewards along with strict confidentiality.

Simple Reporting Channels for Whistleblowers

In its pursuit of a corruption-free environment, BYD is offering noteworthy incentives for individuals who come forward with credible information. The rewards range from 5,000 ($685) to an impressive 5 million yuan ($685k), reflecting the importance BYD places on the value of the leads provided. Notably, this initiative prioritizes anonymity, allowing whistleblowers to report through unlinked email accounts and communicate securely with BYD without revealing their identity. Furthermore, the reporting process ensures simplicity by allowing rewards to be transferred to any bank account, even if not registered in the whistleblower’s name.

For those who wish to contribute to this integrity-focused endeavor, BYD has established easily accessible reporting channels through designated email addresses and phone numbers. This transparent approach highlights the company’s commitment to fostering an ethical work culture and maintaining its strong reputation.

This announcement comes on the heels of a recent milestone for BYD: the production of their 5 millionth electric vehicle, the Denza N7. During the celebratory event, Wang Chuanfu, BYD’s Chairman, emphasized the significance of this achievement for both the company and the broader Chinese brand landscape. Wang Chuanfu’s optimistic projection of China’s new energy vehicle penetration rate exceeding 60% by 2025 underscores the nation’s commitment to sustainable transportation.

As the automotive industry transforms, Chinese brands like BYD are poised for global recognition. With a vision of fostering revered brands on a global scale, BYD and similar companies are well-positioned to cater to the aspirations of 1.4 billion Chinese individuals, contributing to the rise of esteemed domestic automobile brands.

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OnePlus launches Red Cable Club membership program in Europe

Jeet — Tue, 07 Dec 2021 06:04:03 +0000

About two years ago, the China-based smartphone maker OnePlus had launched a membership program named OnePlus Red Cable Club which is now finally being launched in Europe. It offers some exclusive benefits including free cloud storage, an extended warranty, and much more.

In Europe, the company is offering several benefits to the Red Cable Club members which are not yet available in India. It is offering a 2 percent discount on Android phones, 10 percent on the OnePlus Watch and OnePlus Buds Pro, and 20 percent on accessories.

Further, there’s also free shipping to Red Cable Club Europe members. The company has also confirmed that an upcoming audio product will have early access in December. But details about this product remain unknown.

The company has not revealed any timeline for the availability of this new audio product in the global market but it is hinted that the device could get launched in Europe later this month, i.e. in December. Additionally, members will also have the chance to buy a OnePlus Watch Cobalt Limited Edition smartwatch.

Based on the information available so far, the company could be talking about the OnePlus Buds Z2, a successor of the OnePlus Buds Z. It was first launched in China a couple of months ago, with support for ANC, Dolby Atmos, and 38-hour battery life.

WhatsApp Pay could soon start offering cashback rewards in India

Jeet — Tue, 28 Sep 2021 08:06:00 +0000

WhatsApp is one of the world’s largest instant messaging platforms but the Facebook-owned platform doesn’t have a good monetization model, despite having billions of monthly active users globally.

However, the company has been bringing several new features that have the potential to become a revenue stream for the application. One of them is WhatsApp Pay which was officially launched in India last year after being stuck for a couple of years because of regulatory issues with the Indian government.

Despite WhatsApp being the most used mobile application in India, the payment service built into the app didn’t take off. Now, to encourage more people to use its payment service, the company is reportedly considering offering cashback rewards.

As per the report, the company could be offering a one-time cashback reward of ₹10 (~$0.14) which will be crediting into the account with 48 hours. Also, it could be available only to those who are transacting through WhatsApp Pay for the first time.

The reward suggested for using the payment service is quite low when compared to what other players in the Indian market offered during their initial launch. But there’s a possibility that the reward amount could get increased.

In India, the WhatsApp Pay feature is based on the Unified Payments Interface (UPI) standard — the same system that is used by other payment apps such as Walmart’s PhonePe, Google’s Google Pay, and PayTM, among others.

Do note that the feature is currently under work so whenever the company decides to release it for the users, it could get changed to something else. It’s just speculation from our side, but we expect the feature to get released in the coming weeks or months.