Frank McCourt, who leads Project Liberty and the blockchain network Frequency, sees TikTok as a perfect fit for a decentralized internet model. He wants to merge TikTok with to give users, not corporations, control over data, algorithms, and privacy.
McCourt believes this will bring the best of blockchain technology to TikTok’s large user base, adding more value for both creators and users.
TikTok, the popular social media platform with over 1.5 billion monthly active users, has been labeled by the U.S. government as a potential Chinese spy tool. This has led to calls for its parent company, ByteDance, to divest its U.S. operations.
With around 150 million U.S.-based users, McCourt has made an unexpected bid to acquire TikTok to merge it with Polkadot.
According to Alpha Airdrop, McCourt’s interest in TikTok aligns with his broader strategy of leveraging blockchain technology to decentralize internet…
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