Why musically change to tiktok.How tiktoker earn from tiktok.How tiktok earn.who owns itrevenue in 2020.History of musically and tiktok

Jan.31.2020 

7:32 AM 

P#5... 

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Universe of Science and medicals post#5...

Well, I was thinking that I am changing the "Universe of Science and Medicine" from the "Science and Medical" of this blog channel.

Well Our today's topic is on musically,Tiktok and Bytedance

We will discuss on thieir "history"  "Earning" revenue in 2020 "owner and their net worth" "success story" and lot of things related to it.  and most important

 why musically change their name and how tiktok earning????🤔    🤔    🤔

So,lets start......

History of musically...

Who and why create musically????

Musical.ly Inc. was founded by longtime friends Alex Zhu and Luyu Yang in Shanghai, China. Before launching Musical.ly, Zhu and Yang teamed up to build an education social network app, through which users could both teach and learn different subjects through short-form videos (3–5 minutes long).
Mean how a topic covered in 3-5 min if a short to short topic take atleast 8-10 min without any doubts......
And preparing a video for any their need of too much thing good backgrounds, editing tool,good quality camera,interaction way, and a lot of time,and every teacher can't afford it...
Zhu has thought that he make educational social networking app that their name is "education futurist".
Investor likes their idea and gives the fund of 2.5lakh dollar (1,57,97,250 rs.) to their venture (musically)....

Who is Alex zhu and  luyu Yang????

Alex Zhu is the founder and CEO of Musical.ly. Like many young entrepreneurs in the tech field, Alex Zhu, the founder and CEO of Musical.ly, was looking for that one big idea that could change the world. He settled on an education app—it was a popular idea; he secured investors, built a team and launched a product.

Net worth 800million$

Luyu yang is co-founder of musically
And former politician.

Net worth 1billion$

Then why musically became a fun social networking venture????

 it took them about 6 months to build the product. However, once launched, this online self-learning platform and launch in april 2014.But did not get enough traction and the content produced was not engaging enough. With some money left from the original investment for this failed venture

How they make musically to fun app???

Zhu and Yang started to look for new ideas.one day zhu saw during his travel in train some youngster was taking selfie,making videos and listening music.His mind suddenly strike a idea.why the whole thing is bring on a single platform..they decided to shift their focus to the entertainment industry. The main idea was to create a platform that incorporates music and video in a social network. The team's judgment at the time was that the short music video was not very widely popular before, and the fundamental reason was that although people are willing to watch short videos, the supply was small, as there were too few people who were willing to shoot and share. Therefore, Musical.ly's entry point is to introduce a large amount of music, so that everyone can easily integrate music into the video, and a less fun video will become fun at once.But their investor refuse the idea.But after the one month of hard work. They launch  first version of Musical.ly was officially launched in August 2014.
the official version was launched in August of that year.Through the app, users could create 15-second to 1-minute lip-syncing music videos and choose sound tracks to accompany them, use different speed options (time-lapse, fast, normal, slow motion, and epic) and add pre-set filters and effects. The app also allowed users to browse popular "musers", content, trending songs, sounds and hashtags, and uniquely interact with their fans.

Growth and marketing...

At the beginning, the team launched the app in both the Chinese and American markets. However, compared to the domestic market's tepid reaction, their app was particularly popular in the American teenager market. As their team size was small, they decided to mainly focus on the U.S. market. The product quickly accumulated a group of loyal users, and although the total number of the users continued to be not very large, the activity level of the users was very high.
What idea behind this musically???
one day zhu saw during their travel in train some youngster was taking selfie,making videos and listening music.His mind suddenly strike a idea.why the whole thing is bring on a single platform.he use snapchats filters,facebook user friendly interface and social activeness,dubsmash lip sync battle's lip syncing.they wanted to made 15sec to 60 sec short video using these features they have their old experience and new nmotivation,and made it within 30 days.

Features

Musical.ly users could record 15-second to 1-minute videos in one or multiple shots, lip-syncing to sounds or comedy. The platform also enabled editing, through 14 pre-set filters and effects that allow to change the speed or reverse the motion of the recording. Additionally, Musical.ly also had a feature to create shorter videos, named "live moments", which were essentially GIFs with music.

Trends

Musical.ly "Trends"
Musical.ly's structure allowed the viral dissemination of trends throughout the platform. The hashtags that were popular on this social network usually make reference to bits of pop culture and trends among the internet world. Because of its massive usage, a lot of events launched within the app could become viral global events, especially among teenagers. One of the most notable campaigns launched by Musical.ly was the "Don't Judge Challenge", which became widespread on the platform, as millions of teenagers around the world participated.

Condition in 2015...

In 2015 it trending on no.1 in apple app store.
In July 2015, the app began to attract millions of users, allowing musers (Musical.ly users) to lip-sync to milhigh.
 of songs. Musical.ly climbed up to the number 1 position in the iOS App Store, becoming the most-downloaded free app in over 30 countries, including the US, Canada, UK, Germany, Brazil, the Philippines, and Japan.
In May 2016, Musical.ly reached 70 million downloads, with over 10 million new videos posted every high.

Condition in 2016

In June 2016, Coca-Cola launched its #ShareACoke campaign on Musical.ly, which introduced Musical.ly's "User-Generated Ads" model.On July 24, 2016, during VidCon, Musical.ly officially launched live.ly, its new live video streaming platform.
They made 90 millions downloads and 150millions revenue of musically.
Most of the users are under 21age. Then under 30ages.
And hence musically history got completed and Sorry guys blogging goes too much long

Another part we will complete in next time.

But we have remaining too much question

What happen in 2017 2018 and 2019 with musically..

Why musically  change thand become tiktok and what is the history of tiktok

How tiktok earn.

Does creators got some money if yes then how...

Everything will covers in next part....
And a lots more...

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