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The Founder of OnlyFans Wants to Buy TikTok
OnlyFans founder Tim Stokely partnered with a crypto company to bid for TikTok as the social media company faces a deadline to either sell or be banned in the US. Amazon also placed a last-minute bid.
Tim Stokely, founder of the adult content platform OnlyFans, has submitted an eleventh-hour proposal to buy TikTok’s US operations from its Chinese owner, ByteDance. The “intent to bid” was made by Zoop —a social media startup Stokely cofounded with RJ Phillips, who serves as CEO and has a background in influencer marketing strategy—and cryptocurrency company The Hbar Foundation. For Zoop, the bid “represents a David vs. Goliath moment against traditional social media giants by endorsing a creator-first revolution,” according to a statement the company shared with WIRED.
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