TikTok utilizes a virtual currency system where users can purchase coins to send virtual gifts to creators during livestreams. One hundred thousand coins on the platform represents a significant investment that can be exchanged for diamonds, which creators can then redeem for real-world currency. The specific monetary value of this quantity of coins fluctuates based on the platform’s exchange rates and any applicable processing fees.
The value proposition of accumulating such a substantial number of coins lies in its potential to support creators and foster engagement. This practice has become increasingly prevalent as live content gains popularity. The ability to convert earned diamonds into tangible income provides a direct incentive for content creators to produce compelling and engaging material.