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Home»ALTCOIN NEWS»Reddit to buy tiktok us? The co -founder bids to bring the chain
ALTCOIN NEWS

Reddit to buy tiktok us? The co -founder bids to bring the chain

By Crypto FlexsMarch 5, 20253 Mins Read
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Reddit to buy tiktok us? The co -founder bids to bring the chain
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Alexis Ohanian, co -founder of Reddit, stunned a wide range of IT sections through bidding for Crypto Sphere and Tiktok US, and promised to bring a chain on a huge social media platform. In a series of tweets in X, entrepreneurs explain, “Users must own data.”

As it is perfectly consistent with the principles of blockchain technology, Ohanian, a co -founder of Reddit, teams up with the business executive Frank McCourt, a polkadot (DOT) non -profit organization Project Liberty and LEGENDARY FRENCH SOCCER CLUB The owner of Olympique de Marseil.

Tiktok: Making Freedom Edition

Originally, Tiktok’s parent Bytedance had to be banned on January 19, 2025, at the order of President Joe Biden. But President Donald Trump extended this period in one of the administrative orders signed on the first night at the elliptical office in April 2025.

The co -founder of Reddit celebrates the bid for the Tiktok version of the US version of the POLKADOT (DOT) chain, which will supply power to Tiktok’s Web3 Edition. Social media specific parachute parachutes allow Web3 users to take ownership of data and solve the US government data collection problem.

Users must own data.

The creator must own the audience.

period.

The frequency can make these principles become reality. And due to the core transparency and responsibility, this new tiktok will not be more fair.

-Alexis ohanian oh (@alexisohanian) March 4, 2025

Overall, the consortium of MCCourt made a $ 20 billion proposal to Tiktok US, and one of the investors was a Canadian TV star, Kevin O’ley. It is excellent in ABC’s shark tank. On the other hand, large companies are also chasing the founders of Giant Tiktok, AI Startup Purple Likes and Roblox video games.

on the other way

  • In addition to Reddit’s $ 20 billion “bid for tiktok,” other bidding for Tiktok can exceed this because analysts think that Tiktok is more valuable because of greedy algorithms.
  • In social media, the tongue is YouTube Star Mr. Jesse Tinsley, the founder of Beast and EMPLOYER.COM, sent Wagging that it provided more than $ 55 billion in strength with Roblox.

Why this is important

If the transaction is successful, Tiktok us will evolve into the first major social platform that lives entirely in the blockchain. Reddit’s acquisition of TIKTOK allows 170 million users to participate in the Web3 and own personal data without concerns about data collection or violation.

Keep your loop with Dailycoin’s best crypto news.

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