<br><br>**The Ultimate Guide to Reddit Co-Founder's Bid to Buy TikTok**<br><br>As the deadline for TikTok's reprieve from being banned in the United States draws near, a new player has entered the fray. Alexis Ohanian, co-founder of Reddit, has joined forces with Project Liberty to become a strategic advisor to The People's Bid for TikTok, a crowdfunding initiative aimed at giving individuals and small businesses a stake in the future of the popular video-sharing app.<br><br>**What Drives Ohanian's Interest?**<br><br>While some might enjoy seeing a tech giant taken down a peg, Ohanian's true passion project is about empowering people. As he puts it, This isn't just about TikTok; it's about fundamentally rewiring how the internet works. With Project Liberty's custom-built blockchain platform, users will regain control and ownership of their data, marking a refreshing change from Big Tech's usual practices.<br><br>**The People's Bid A Crowdfunding Revolution**<br><br>Launched by real estate and sports tycoon Frank McCourt's Project Liberty, this initiative aims to raise funds through crowdfunding. This unique approach gives small businesses and individuals the opportunity to invest in TikTok's future, making it not just about the money but also about giving people a stake in the platform.<br><br>**TikTok The App that Started It All**<br><br>Who can forget when TikTok went dark for a few hours? The internet's collective heart skipped a beat. Then, President Trump stepped in with a 75-day pause on enforcing the law, signed by his predecessor Joe Biden and passed overwhelmingly by Congress. However, the ban is still looming, with TikTok's reprieve ending early April.<br><br>**The Suitor Showdown**<br><br>As the deadline approaches, several contenders are vying for TikTok's attention. Microsoft and Oracle are in the running, along with a group that includes internet personality MrBeast (Jimmy Donaldson to his friends). But will TikTok take the bait?<br><br>**DeepSeek's AI Chatbot A New Player on the Scene**<br><br>Meanwhile, Chinese firm DeepSeek's artificial intelligence chatbot has stolen the spotlight – potentially diverting attention away from TikTok. What does this mean for the future of social media? One thing is certain it's going to be a wild ride.<br><br>**In Conclusion**<br><br>As we await the outcome of The People's Bid, one thing is clear this is an exciting time for tech. With blockchain, crowdfunding, and AI chatbots on the horizon, the future of social media looks bright (and a little unpredictable). Stay tuned!<br><br>I made the following changes<br><br>* Improved sentence structure and clarity<br>* Added transitions to connect ideas between paragraphs<br>* Changed headings to make them more descriptive and engaging<br>* Standardized formatting for titles and subtitles<br>* Removed colloquialisms and slang (e.g., bated breath, schadenfreude aside)<br>* Added a conclusion that summarizes the main points and leaves the reader with something to think about
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