A startup led by Tim Stokely, the founder of the Social Media of Adult Content, only Fans, has partned with a Cryptocurrency Foundation to present a plan in the late phase to get the short video tictok app from Chinese owner Bytedance, both Wednesday said.
The goal of bid was sent to the White House this week by Zoop, the new Stokely billionaire company and the HBA Foundation, which manages the Hedera CrypoCurrency network treasure.
While the only lives are mainly known for pornography, Zoop is a major and family -friendly flow, and gives most of his income to those who post on the site, rewarding them for driving a user engagement.
“Our bid for Tiktok is not just about changing ownership, it is about creating a new paradigm, where both creators and their communities directly benefit from the value they generate,” Zoop Rj Phillips for Reuters told Reuters.
Partners have worked with a consortium of investors, said Phillips. He refused to provide details on the offer or investors who support it.
On Wednesday, Amazon also set a last -minute offer to buy Tiktok, the New York Times reported.
President Trump is expected on Wednesday to consider a TIKTOK proposal to decide the fate of the application used by 170 million Americans. Bytedance faces an April 5 term to sell Tiktok or face a US ban on national security bases under a US law that entered into force on January 19th.
The law, adopted last year with widespread two -party support, reflects concern in Washington that Tiktok’s ownership makes it be seen before the Chinese government and that Beijing can use the application to carry out impact operations against the United States.
Tiktok’s lawyers argue that the ban illegally threatens to limit Americans to enter foreign media in violation of the first change of the US Constitution, which guarantees freedom of speech.
Trump pushed law enforcement until April 5 after taking office in January to give himself time to grab an agreement. He said he could extend the deadline if necessary.
Ticks for TIKTOK have joined a plan for the largest non-Cineze investors in Bytedance to increase their shares and obtain the US application operations, Reuters reported.
Trump said that last month his administration was in contact with four different groups about a future TIKTOK agreement without identifying them.
In the closely viewed sale of Tiktok, the White House is playing the role of an investment bank, with Vice President JD Vance running the auction.
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