Famous for its contribution in the field of cryptocurrency and blockchain technology, Alexis Ohanian, the co-founder of Reddit, has now taken a new and adventurous step. Ohanian has officially expressed interest in buying Tiktok and it Blockchain era Has expressed the intention to connect with Their aim is to convert Tiktok into a decentralized platform, providing more control to creators and users.
Plan to convert tiktok into blockchain platform
Currently, Alexis Ohanian, strategic advisor to the Venture Independence of Frank McCourt, has clarified that he wants to make Tiktok a platform that is based on Internet 3.0 Era. The co-founder of Reddit believes that a decentralized system will provide more autonomy to creators and users, so that they will be able to control their content and data. Their goal is that Tiktok became an on-chain platform, where the creators can be directly paid as a cryptocurrency.
Alexis Ohanian said in his statement, “I am now one of those who are trying to buy Tiktok US and plans to bring it on-chain.” This change can completely change the social media’s ownership structure and give a new direction to the online community. According to Ohanian, Tiktok’s blockchain based on blockchain will bring a new freedom and opportunity for creators, which will provide them with better financial rewards for their creativity.
Integration of NFTs and Internet 3.0 Technology
As part of the transformation in the blockchain of Tiktok, Alexis Ohanian has also planned integration of non-fingered tokens (NFTs). Inspired by the success of digital collectables on Reddit, the co-founder of Reddit has suggested that NFTs on Tiktok can also be introduced as a new type of digital assets among creators and users. With the help of NFTs, creators can present their content as a digital assets and sell it in the market, which can open new sources of their income.
However, technical and regulatory challenges are present for Ohainian’s move. currently, Cryptocurrency And strict regulatory action is being taken in many countries on blockchain technology. Ohinian has accepted these challenges, but has expressed confidence that his plan has the ability to change the future of social media in the coming times.
Conclusion
Reddit’s co-founder’s idea of converting Tiktok into a blockchain based platform can be a major change not only for the creative industry, but for the entire social media world. If this step is successful, it can completely change social media ownership, content creation and economic model. However, regulatory and technical challenges may obstruct the path of this projects, but Alexis Ohanian’s confidence and their vision, it is likely that it is likely to see a big change on social media platforms in the future.
