Alexis Ohanian, co-founder of Reddit, has confirmed joining Frank McCourt's bid to acquire TikTok's U.S. business. If successful, the goal is to integrate blockchain technology.
Ohanian's Involvement in Project Liberty
Ohanian joined Frank McCourt's initiative under Project Liberty, acting as a strategic advisor. This follows Reuters' report on Ohanian's participation in acquiring TikTok U.S.
Significance of the TikTok Acquisition
McCourt welcomed Ohanian, noting his importance in the process of acquiring TikTok assets. Ohanian, with his extensive experience in social media, can significantly contribute to the platform's new strategy.
Project Development and Blockchain Role
Project Liberty aims to integrate blockchain technology into TikTok to enhance user control over their data. McCourt noted that Ohanian will assist in validating and promoting the new approach. TikTok is owned by Chinese company ByteDance and has been at the center of discussions regarding possible bans.
Ohanian's involvement in the bid to acquire TikTok U.S. could redefine the platform's future by strengthening its position through blockchain integration.
