Reddit Co-Founder Wants to Buy TikTok and Move It Onchain
The crypto investor has plans to bring user data onchain if his bid is successful.
Reddit co-founder Alexis Ohanian has joined a bid to acquire TikTok. Upon successful acquisition, he plans to leverage blockchain technology to enable user control over data. This move aligns with Ohanian’s vision of decentralized social media platforms.
What’s the Scoop?
- Ohanian's Acquisition Bid: Alexis Ohanian joins the bid to acquire TikTok, aiming to integrate blockchain for user data control.
- Decentralized Vision: Ohanian’s long-standing goal includes building a decentralized social platform, previously demonstrated with blockchain initiatives on Reddit.
- Frequency’s Role: Project Liberty’s blockchain platform, Frequency, is proposed as TikTok’s underlying tech, prioritizing privacy and user empowerment.
I’ve spent my career betting on the future—starting with @reddit, then with @sevensevensix, and now, this.
— Alexis Ohanian 🗽 (@alexisohanian) March 4, 2025
We're setting a new standard for what’s possible in digital communities. A TikTok for the people, by the people. Let's see if we can pull this off.
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