OnlyFans Founder’s New Platform Zoop and Hbar Foundation Target Tiktok Bid

The Hbar Foundation has joined forces with Zoop, a platform created by OnlyFans founder Tim Stokely, to make a bid for TikTok’s U.S. business as pressure mounts on ByteDance to divest the app. The bid, submitted to the White House, arrives ahead of the April 5 deadline, when TikTok must either be sold or face a ban over national security concerns.

The Hbar Foundation manages the treasury of the Hedera cryptocurrency network. By partnering with Zoop, it plans to introduce a system where content creators earn cryptocurrency rewards based on the value they generate. If the deal moves forward, TikTok’s monetization model could shift toward blockchain-based payments using Hedera’s native token, HBAR.

Zoop has positioned itself as a mainstream, family-friendly content platform. Unlike OnlyFans, which is known for adult content, Zoop rewards creators for engaging audiences and returns most of its revenue back to users. The partnership with Hbar Foundation supports their shared aim to give creators more financial control and reward structures tied to digital asset technology.

The proposed TikTok buyout is attracting wide attention from major players. According to The New York Times, Amazon led by Jeff Bezos has submitted a competing offer. Reuters reports that other interested parties include Project Liberty, backed by businessman Frank McCourt, and Kevin O’Leary. Oracle, private equity firm Blackstone, and venture capital firm Andreessen Horowitz are also reported to be involved in discussions.

The potential transaction could involve ByteDance’s largest non-Chinese investors increasing their ownership stakes to take control of TikTok’s U.S. operations. The White House is said to be coordinating the process, with U.S. Vice President JD Vance expected to oversee the auction phase.

If Zoop and the Hbar Foundation succeed, the outcome could reshape how creators are paid on TikTok. Payments powered by HBAR tokens may allow faster, borderless transactions and reward systems that directly benefit both creators and their audiences.

The future of TikTok in the U.S. now depends on how these bids are handled and whether any offer satisfies both national security requirements and commercial expectations.