Tim Stokely, the founder of OnlyFans, has made waves again with his new venture, 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,” said Zoop co-founder RJ Phillips in a statement to Reuters. This bold move has caught the attention of many as Zoop looks to reshape the way digital content platforms operate.
While details about the bid and the investors backing it remain under wraps, Phillips confirmed that they are working with a consortium of investors who share the vision of a more creator-centric future.
The timing of Zoop’s bid comes as TikTok’s future in the U.S. hangs in the balance. On Wednesday, Amazon entered the fray with its last-minute offer to buy TikTok, according to Forbes. This intensifies the competition as U.S. President Donald Trump is expected to make a crucial decision on TikTok’s fate.
ByteDance, the parent company of TikTok, faces a rapidly approaching April 5 deadline to either sell the app or face a ban in the U.S. due to national security concerns. The U.S. law, which took effect on January 19, is forcing ByteDance to act quickly or risk losing access to its 170 million American users.
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Battle For TikTok: Amazon, AppLovin Join Oracle And These Others Vying To Buy It go.forbes.com/c/s6Nx
