With the TikTok ban deadline looming in the U.S., I can’t help but feel a wave of excitement as I follow the developments surrounding this beloved app. The parent company has been actively seeking deals to relinquish its controlling ownership, and the list of potential buyers is growing daily. The latest contender to join the fray is Amazon, but now it seems that OnlyFans founder Tim Stokely is also getting in on the action, teaming up with a group of eager investors. I can hardly wait to see who emerges victorious in this high-stakes game!
In 2021, Stokely departed from OnlyFans and established a new social media venture called Zoop. According to Reuters, this platform acknowledges and compensates both content creators and their active participants based on their engagement. In partnership with the Hbar Foundation, which collaborates with Stokely on Zoop and oversees the Hedera cryptocurrency system, they have collectively submitted a bid for TikTok. This joint offer is among several others, such as Oracle’s proposal and a deal involving the private-equity firm Blackrock. Furthermore, former Los Angeles Dodgers owner Frank McCourt has also placed a bid for TikTok.
Zoop co-founder RJ Phillips shared with Reuters that their bid for TikTok isn’t merely a change of ownership, but rather an opportunity to establish a fresh framework where creators and their communities reap direct rewards from the value they produce. Meanwhile, President Trump is set to confer with his advisors to determine the next move regarding TikTok after the April 5 deadline has passed.
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2025-04-03 11:26