The social network Voice from Block.one announced the closure
Date: 2023-09-14 Author: Karina Ziganova Categories: BUSINESS
“We believe it is in the best interests of Voice and its community to use our remaining resources to streamline the winding down process,” the project added.
The project leading the EOS blockchain, Block.one, invested $150 million in the creation of Voice and gave the domain name voiceicom $30 million.
Since 2020, a platform built separately from the EOS protocol has been launched. She uses biometric authentication to protect herself and other platform users from bots or fake accounts.
Essentially, Voice was a “content marketplace” where users could control how their posts progressed. The function was implemented using native tokens received for activities.
At its core, the social network was popular among artists and NFT developers who fit the concept of tokenized marketing.
“What a shame that Voice turned into an art platform / NFT instead of becoming a social network,” another user expressed his opinion.
Over the course of several months before the final closure, the Voice team will establish a service for migrating fungible tokens to other networks.
The EOS coin did not react to the news. According to CoinGecko quotes, the asset costs $0.5578 over the last 24 hours and adds 0..6%.
In August 2023, NFT platform Recur announced it would cease operations due to “unforeseen difficulties and changes in the business landscape.”
