Naver Webtoon said on the 2nd that it held a short-form animation creators' roundtable, "Cuts Creators Day," and unveiled new programs.
Naver Webtoon said on the 2nd that on the 1st it held a roundtable at the Naver Green Factory in Seongnam, inviting 100 creators from the first cohort of "Cuts Creators." The event was organized to share service operations and support systems and to facilitate exchanges among creators.
"Cuts" is a short-form animation production and sharing service that Naver Webtoon launched in September. Users can create and watch videos of up to two minutes through the Naver Webtoon app and web. Within a month of launch, the number of new creators surpassed 1,000, and some content reportedly recorded 1 million views.
Naver Webtoon plans to provide creation grants, incentives, and education programs to the first cohort of creators through the end of this year.
The event also introduced new programs to expand the creative ecosystem. "Cuts Challenge" is a bimonthly event in which creators produce short-form animations based on given keywords, awarding Naver Pay points to up to 300 participants.
Also, "Cuts Fund Share" is a system that pays tiered rewards totaling 1 billion won per month to creators with top view counts. It will be piloted for three months from Nov. to Jan. next year.