Har Foundation has joined forces with the founder of the Internet Subscription Site Only Fans, Tim Stokely, in an attempt to acquire Chinese social media -app Tiktok, according to a new Reuters report.

Stokely and Har Foundation made a bid last week to the White House through the former new family-friendly crowdfunding company, Zoop, Reuters said.

“Our bid for Tiktok is not just about changing ownership, it’s about creating a new paradigm where both creators and their communities benefit from the value they generate,” Zoop co-founder RJ Phillips told Reuters.

Har Foundation is the unit behind Hedera (HBAR), a proof-of-stake Smart Contract platform launched in 2018. With a market value of $ 7.2 billion, HBAR is the 22nd largest cryptocurrency in the existence of press time. The coin only responded to the news and has risen 1.5% over the past 24 hours.

The duo’s bid for Tiktok is not the only one in the market. The online retail giant Amazon (Amzn) is also looking to acquire the platform, according to the New York Times.