this post was submitted on 28 Dec 2023
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She spent her inheritance sending money to TikTok Livestreamers. What started as a game turned into addiction. (www.businessinsider.com)
submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world
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She spent her inheritance sending money to TikTok Livestreamers. What started as a game turned into addiction.::Cindi White spent more than $25,000 on TikTok Influencers. TikTok's Live Matches have a dark side.

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[โ€“] psychothumbs@lemmy.world 22 points 11 months ago (1 children)

Hard to have sympathy for this woman, but these TikTok battles where they basically have influencers competing to see who can get their followers to donate more money to TikTok do seem pretty fucked up.

[โ€“] Corkyskog@sh.itjust.works 10 points 11 months ago

Tiktok must make a killing. I did the math and the coin packages they offer vs what streamers return rates are means they are pocketing 40 to 60% of the money.