I come from Silicon Valley where everyone is highly paid and I couldn't reconcile in my head why our economy pays for certain things and not for other things."
"It comes from my personal experience of seeing creators not being paid and that's something that we want to fix. "I started to experiment with the idea of what the internet and economy would look like if there was a company that focused on paying creatives first," Founder and CEO Jon Choi tells NYLON. And since it's still in the early stages of a soft launch, the new app is accepting applications for their first 100 partners, which can receive a 5x bonus on their base rate for the first $1 million in sales. For any sale made from a video, users can earn a base rate of 1% paid directly by Teleport. Unlike most online platforms, Teleport is built to share its revenue with its creators from the jump. Now, Teleport is the latest app to join in on the fun, offering short, user-created videos that are entirely shoppable. Instagram has added features to make impulse purchases directly on the platform, while TikTok is increasingly offering viral-worthy fashion content. Shopping on your phone, whether it's through social media or on an online marketplace, has become more seamless than ever before in the past few years.
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