As the deadline for the sale of TikTok’s US unit approaches, OnlyFans founder Tim Stockley, who left the project in 2021, has also filed to buy the social network. The application came from his new company, Zoop, according to Reuters.
Zoop is a new startup that, unlike OnlyFans, is focused on creating a social network that rewards both content creators and members of their communities for active participation. The platform is positioned as more “family-friendly.” The offer to acquire TikTok was made with the support of the Hbar Foundation, which manages the treasury of the Hedera blockchain network.
“Our bid for TikTok isn’t just about changing ownership, it’s about creating a new paradigm where both creators and their communities benefit directly from the value they generate,” said Zoop co-founder R.J. Phillips.
In addition, Phillips also noted that the partners are working with a consortium of investors, but declined to provide details of the proposal or disclose the investors supporting it.
Amazon also made a surprise bid to acquire TikTok the day before, but despite the company’s size, negotiators did not take the offer seriously. One negotiator said the offer was “not considered realistic” due to the complexity of the situation.
We remind you that the deadline for the sale of the American division of TikTok will be April 5, 2025. Donald Trump previously stated that the deal would be completed by this date.
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