Recently, Alexis Ohanian (co-founder of Reddit) confirmed participation in Project Liberty by billionaire Frank McCourt to acquire TikTok US. Their plan is to move TikTok to the blockchain through the Frequency protocol, a parachain in the Polkadot (DOT) ecosystem. If successful, this could be a major turning point for both TikTok and the blockchain ecosystem. However, is Polkadot really an investment opportunity worth considering?
1. Why does TikTok want to go on the Blockchain?
TikTok is facing pressure from the US government regarding data privacy issues. Decentralizing the platform could help:
✅ Users control their personal data, reducing the risk of being tracked and data exploitation.
✅ Content creators own their audience instead of relying on the algorithm of a centralized platform.
✅ TikTok avoids bans by becoming a decentralized protocol rather than a company holding user data.
2. Is Polkadot (DOT) the right choice for TikTok?
Polkadot was chosen through the Frequency protocol because:
✔ High scalability allows TikTok to handle billions of interactions without congestion.
✔ The parachain model allows TikTok to operate on a separate blockchain while still connecting to other platforms.
✔ Supports decentralized data storage, allowing content creators to control their digital assets.
However, there are still many challenges:
⚠ Moving all of TikTok to the blockchain is a complex technical issue.
⚠ ByteDance has not confirmed the sale of TikTok US, which could make this plan unfeasible.
⚠ Other blockchains like Solana, Ethereum L2, Avalanche are also potential options.
3. If TikTok operates on Polkadot, how much could DOT price reach?
Currently, DOT is priced at 4.35 USD with a market cap of 6.77 billion USD. If TikTok is actually implemented on Polkadot, DOT's market cap could reach 50 to 100 billion USD.
This means DOT could increase from 7 to 15 times if the project is successful.
4. Is investing in DOT a reasonable decision?
🔹 Opportunity: If TikTok is truly built on Polkadot, DOT could become the leading blockchain for Web3 social networks.
🔹 Risks: There is no guarantee that ByteDance will sell TikTok, or that TikTok will choose Polkadot over other blockchains.
Reasonable investment strategy:
✅ Do not put the entire portfolio into DOT; instead, allocate funds to ETH, SOL, AVAX, FIL to comprehensively capture the Web3 trend.
✅ Keep a close eye on the news; if TikTok makes an official move, this could be an opportunity to reassess the investment decision in DOT.
5. Besides TikTok, which social networks could move to Blockchain?
Among these, X (Twitter) by Elon Musk is the platform most likely to integrate blockchain in the near future.
6. Conclusion: Is Polkadot a worthwhile investment opportunity?
Polkadot could greatly benefit from the trend of decentralizing social media, especially if TikTok truly moves to the blockchain. However, this is still an uncertain scenario. Investors need to have a diversified portfolio strategy to optimize profits and minimize risks.
What do you think about this trend? Could Polkadot become the leading blockchain platform for decentralized social networks? Please share your thoughts!
