Reddit co-founder Alexis Ohanian is looking to acquire TikTok to bring the controversial social media app “onchain,” according to a message on Tuesday.

The app plans to integrate the Frequency blockchain, a “decentralized social media protocol” designed to give users control over their online.

“Exciting news for the digital world. I'm officially now one of the people trying to buy TikTok U.S. - and bring it on-chain,” Ohanian posted to X. “TikTok has been a game-changer for creators, and its future should be built by them. Users should own their data. Creators should own their audience. Period.”

Ohanian is joining Frank McCourt’s previously announced “Project Liberty” bid to acquire TikTok's U.S. operations.

The United States government is forcing TikTok's parent company, ByteDance, to either sell its U.S. assets or shut the app down in the country due to alleged concerns about national security and data privacy.

TikTok shut down in the U.S. briefly before President Donald Trump took office, who revived the app in one of his first official acts. Trump then granted a 75-day delay in enforcing the app’s ban.

McCourt, an American business tycoon, said Ohanian will promote the Project Liberty offer, which he calls "The People's Bid" because of plans to let users control their data using blockchain technology.

“Shark Tank” investor and crypto advocate Kevin O’Leary is also part of the Project Liberty offering.

Frequency, the blockchain TikTok would integrate if the deal goes through, uses a “unique pricing model” to facilitate high-volume social interactions on the blockchain and a consensus mechanism to make different social applications built on the platform interoperable.

Frequency is a decentralized, blockchain-based platform created by Project Liberty, designed to enhance transparency, accountability and data ownership.

It empowers creators to own their relationships with their audiences while enabling businesses to build deeper connections with their customers.

If it serves as the underlying technology for the redesigned TikTok, Frequency could prioritize privacy, security and digital independence as core principles rather than optional features.

“We're setting a new standard for what’s possible in digital communities. A TikTok for the people, by the people. Let's see if we can pull this off.”