Markets, TikTok, Hbar foundation, OnlyFans HBAR is up 1.5% inside the last 24 hours.
The HBAR Foundation has teamed up with the founding father of net subscription web site OnlyFans, Tim Stokely, in a bid to amass Chinese social media app TikTok.
Stokely and the HBAR Foundation submitted a bid last week to the White House by the use of the earlier’s new family-friendly crowdfunding agency, Zoop.
“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 co-founder RJ Phillips told Reuters.
The HBAR Foundation is the entity behind Hedera (HBAR), a proof-of-stake good contract platform that launched in 2018. With a market capitalization of $7.2 billion, HBAR is the Twenty second-largest cryptocurrency in existence as of press time. The coin solely reacted mildly to the knowledge and is up 1.5% inside the last 24 hours.
The duo’s bid for TikTok isn’t the one one within the market. Online retailing huge Amazon (AMZN) is also looking to amass the platform, in response to The New York Times.
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