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Late breaking bid: only fans founder and hbar aim to acquire tik tok

Late-Breaking Bid | OnlyFans Founder and HBAR Aim to Acquire TikTok

By

Carlos Rivera

Apr 3, 2025, 03:30 AM

Edited By

Ethan Walker

Updated

Apr 3, 2025, 03:00 PM

Conceptual illustration of OnlyFans founder and HBAR partnership bidding for TikTok, depicting digital currency and social media icons

In a stunning turn of events, the OnlyFans creator has teamed up with the HBAR Foundation to make a bold late-stage bid for TikTok. This move not only shakes up the social media scene but also fosters a crucial conversation about how creators can better monetize their content. The news has sparked lively discourse among users, raising questions about the legitimacy and motivation behind the bid.

Why This Bid Matters

The partnership between OnlyFans and HBAR marks a pivotal moment in the creator economy. Some commentators have pointed out that this could significantly enhance user compensation models within mainstream social media. As one astute user noted, "What if TikTok could run on a DLT?" This comment hints at the innovative direction this bid may take. However, skepticism is also prevalent, with several voices suggesting the initiative is a publicity stunt rather than a serious acquisition attempt. In a bold statement, RJ Phillips, co-founder of Zoop and an ally of HBAR, emphasized their mission: "Our aim isn’t merely about changing ownership; it’s about flipping the script for creators and their communities." This speaks directly to the ongoing struggles creators face in finding fair compensation.

Community Reactions are Hot and Cold

The online community's feedback reveals a blend of enthusiasm and skepticism regarding the acquisition attempt. Many users envision a landscape where more competition could lead to healthier platforms for creators.

"This could drive network usage and adoption," suggested a hopeful commentator, who sees potential in a platform powered by HBAR.

Yet, a shadow looms over this bid as it faces stiff competition. Tech giant Amazon has made its own aggressive offer for TikTok, complicating the bidding landscape.

The Stakes Are High

As the bidding war intensifies, opinions run the gamut from hopeful to skeptical. While some observers are optimistic about a transformative tide for creators, others doubt whether this venture can withstand the might of established players. Engagement levels are high as users voice everything from excitement to frustration; one passionate supporter chimed in, "Some users argue this is blowing my mind right now."

In this dynamic scenario, the intersection of cryptocurrency and social media is positioned for an unprecedented evolution as the deadline approaches.

Notable Insights

As updates roll in, the spotlight remains fixed on this groundbreaking bid, which promises to create a significant impact in the realm of digital engagement.