Reddit founder, Alexis Ohanian, plans to acquire TikTok's US operations and bring the platform's operations "on-chain".
Ohanian envisions a TikTok where users own their data and creators control their audience, promoting transparency and accountability.
The move aligns with Ohanian's commitment to empowering creators and users in digital communities, reflected in his career with Reddit and Seven Seven Six.
There is a debate around Reddit's complex relationship with blockchain and why Ohanian isn't focusing on bringing blockchain to Reddit instead.