HBAR Foundation & OnlyFans Founder Join Forces for a TikTok Takeover – Here’s What You Need to Know!
Big news is shaking up the social media world: The HBAR Foundation and OnlyFans founder Tim Stokely are making a bold move to acquire TikTok! 
According to Reuters, this unexpected partnership has officially submitted a bid to the White House—putting them in direct competition with Amazon, which is also eyeing the platform.
So, what does this mean for TikTok, creators, and the future of social media? Let’s break it down.
Why Is the HBAR Foundation Bidding for TikTok?
The HBAR Foundation is the driving force behind Hedera (HBAR), a proof-of-stake smart contract platform with a market cap of $7.2 billion. It’s known for speed, security, and decentralization—but why jump into social media?
Here’s the game plan:
Empower creators – Right now, big tech platforms keep up to 90% of ad revenue, leaving creators with scraps. This bid aims to flip the script and put more money in creators’ pockets. Decentralize social media – Instead of TikTok being controlled by a single corporation, this move could integrate blockchain-based ownership—giving users and creators more control. Expand Hedera’s reach – Acquiring TikTok could be a massive adoption boost for HBAR, pushing its technology into mainstream social media.
“Our bid for TikTok isn’t just about ownership—it’s about creating a new system where creators and their communities benefit directly,” said Zoop co-founder RJ Phillips.
This could be a game-changer in how social media platforms operate.
The Competition: Amazon vs. HBAR Foundation – Who Will Win?
HBAR and Stokely aren’t the only ones eyeing TikTok. According to The New York Times, Amazon (AMZN) is also considering a takeover.
What’s at stake?
TikTok is one of the most powerful social media platforms today, with over 1 billion active users.
A takeover means controlling one of the biggest advertising engines—something both tech giants and blockchain disruptors want a piece of.
Regulatory pressure is rising – With US lawmakers pushing for a TikTok ban, new ownership could be the key to keeping the app running stateside.
This sets the stage for a high-stakes showdown between traditional big tech (Amazon) and blockchain-backed disruptors (HBAR Foundation & Zoop).
What’s Next? Can HBAR Shake Up the Social Media Industry?
With the bid officially confirmed by the HBAR Foundation, here’s what to watch next:
Will regulators approve the sale? The US government is heavily scrutinizing TikTok, and the final decision will come down to national security concerns. How will Amazon respond? If Amazon pushes forward with its bid, we could see a bidding war between the two camps. Could this trigger an HBAR rally? So far, the market reaction has been mild—HBAR is only up 1.5% in the last 24 hours—but a successful acquisition could push it higher.
Final Thoughts: A Social Media Revolution in the Making?
This isn’t just another tech acquisition—it’s a potential paradigm shift in how social media platforms operate.
If HBAR & Zoop win the bid, TikTok could become a decentralized, creator-first platform—changing the game for influencers, brands, and blockchain adoption. If Amazon takes over, expect a more traditional corporate play—likely focused on ad revenue, AI, and retail integration.
Either way, the future of TikTok is up for grabs—and what happens next could redefine social media as we know it.
