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Showing posts with the label Tim Stokely

OnlyFans founder, crypto foundation submit late-stage bid to buy TikTok

Partnership with Crypto Foundation The startup, called Symbiosis Network, has joined forces with the Crypto Foundation, a non-profit organization focused on promoting the use of blockchain technology and cryptocurrency. The two have submitted a proposal to acquire TikTok in its entirety, including its vast user base and valuable algorithm. This partnership between a social media and adult content mogul and a crypto foundation has raised eyebrows in both industries. Stokely, who has built a successful platform with OnlyFans, sees an opportunity to expand his reach and diversify his business portfolio. Meanwhile, the Crypto Foundation sees TikTok as a potential platform to showcase the benefits and potential of blockchain technology and cryptocurrency to a massive audience. Opportunities for Growth and Innovation Both parties believe that the acquisition of TikTok would bring about significant opportunities for growth and innovation. W...