HBAR Foundation & OnlyFans Founder Propose TikTok Acquisition

The HBAR Foundation has joined forces with OnlyFans founder Tim Stokely in an ambitious move to acquire the social media platform TikTok. Their proposal was submitted to the White House via Zoop, a crowdfunding platform launched by Stokely designed for family-friendly ventures. RJ Phillips, co-founder of Zoop, clarified that this acquisition aims not only to change ownership but also to establish a new model empowering creators and their communities to directly reap rewards from their generated value. He further revealed that the partners have been working with a group of investors; however, specifics regarding the acquisition and investor details remain undisclosed. Previously, The New York Times reported Amazon’s late bid to acquire TikTok on Wednesday.