Reddit Co-Founder Alexis Ohanian Joins Bid to Put TikTok on the Blockchain

Ohanian’s involvement became public on March 3, when Reuters reported that he had joined as a strategic adviser specializing in social media.

He confirmed in a post on X, stating, “I’m officially now one of the people trying to buy TikTok US — and bring it on-chain”. He emphasized that digital platforms should prioritize user control, writing, “Users should own their data. Creators should own their audience. Period”.

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The effort is led by Frank McCourt’s Project Liberty, an initiative focused on giving internet users more control over their personal data.

The plan to acquire TikTok’s US division includes integrating "Frequency", a decentralized social network protocol built on Polkadot DOT $4.54 .

Ohanian supports this direction, emphasizing that TikTok’s success has been driven by its creators, stating on X:

TikTok has been a game-changer for creators, and its future should be built by them.

He also believes Frequency can turn this idea into reality, stating, “Frequency will empower these principles to become reality. And with transparency and accountability at the core, this new TikTok won’t just be fairer — it’ll be GREATER”.

Meanwhile, Elon Musk's attempt to acquire OpenAI with a $97.4 billion offer was rejected by CEO Sam Altman. What did Altman say? Read the full story.