Tim Stokely's new startup, Zoop, is partnering with the Hbar Foundation to submit an acquisition proposal for TikTok to the White House. Their goal is not only to change TikTok's ownership but to establish a system that directly rewards content creators and their communities. This comes alongside growing concerns about TikTok's Chinese ownership, which is seen as a national security risk. The impending April 5 deadline for ByteDance to sell TikTok adds urgency to this bid, especially with competitors like Amazon also expressing interest.
Our bid for TikTok isn't just about changing ownership, it's about creating a new paradigm where both creators and their communities benefit directly from the value they generate.
Zoop is mainstream and family-friendly, and gives back the majority of its revenue to those who post on the site, rewarding them for driving up user engagement.
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