The creator of OnlyFans Tim Stokely entered a new digital content sector by establishing Zoop with unique features. The mainstream website builds an audience-friendly content creation model that changes how creators work in this field. Through its link with HBAR Foundation Zoop submitted its final offer to ByteDance for buying TikTok.
HBAR Foundation and Zoop Create a Unique Creator-Centric Model for Digital Content Platforms
Zoop proves itself as different than OnlyFans by creating an environment that lets creators collect payment based on user interaction. The platform wants to reward creators more than other social networks since they bring their audience which produces money. The platform intends to create a partnership structure that works for both creators and platform owners.
According to RJ Phillips our plan for TikTok goes beyond changing ownership to establish a model that both creators and their followers can profit equally from their work. People take notice because Zoop wants to transform digital content platform operations in a fresh way.
Although Zoop declines to reveal details about the project it stays in touch with Phillips who confirms that startup partners with investors who support Zoop’s mission for fair content creation terms.
TikTok’s Future at Risk as Zoop and Amazon Compete for Acquisition
Zoop launched its offer to buy TikTok just when concerns about its US operations intensified. The U.S. government considers banning TikTok if ByteDance fails to reach an important deadline to sell its American operations. The Forbes article states Amazon and Zoop entered the race for TikTok acquisition at the same time forcing competition to accelerate.
ByteDance must make a selling decision about TikTok within a limited time frame of April 5 before possible government restrictions apply. ByteDance needs to sell TikTok by April 5 or the app will lose its presence in the United States per a U.S. law that became effective January 19.
Through its HBAR Foundation alliance Zoop enters a fierce competition to win TikTok before Amazon as a deadline on April 5th looms for ByteDance. Zoop enters the race to buy TikTok at a time that will define who creates online content for years to come.