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Alexis Ohanian plans to acquire TikTok and introduce blockchain

Reddit co-founder Alexis Ohanian plans to acquire TikTok and bring it to blockchain, joining Frank McCourt’s Project Liberty bid to promote decentralization of user data ownership. If the deal is concluded, TikTok will integrate Frequency, a blockchain protocol developed by Project Liberty to improve transparency, data control and privacy protection. Ohanian has promoted Reddit community points, NFT and crypto asset investments in the past, and has invested in multiple crypto projects through its venture capital firm Seven Seven Six.(The Block)

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