In an announcement, Voice disclosed that it will halt operations within the coming months, suspending new consumer registrations and shutting its buying and selling market. Current consumer belongings, nevertheless, stay safe and may have the choice emigrate to EOS, Polygon, or Ethereum in a couple of weeks. These belongings will stay accessible on the platform till December 31, 2024.
Initially envisioned as a social platform, the corporate was launched by EOS founder BM in June 2019, incomes accolades as an industry-transforming utility. Block.one invested $150 million in Voice in 2020, granting it operational independence. By March 2020, Block.one’s complete funding within the platform had reached $300 million. However, after its launch, the platform encountered poor consumer experiences, prompting a pivot in direction of turning into an NFT creation and buying and selling platform.
Of their official assertion, it expressed their dedication to the potential of Web3 and its creators, saying:
“We nonetheless consider within the large potential Web3 holds to empower creators. We are going to see you on the market within the months and years to come back. Thanks to our artists for working so carefully with us to assist form the way forward for artwork.”
Voice, acknowledged for its carbon-neutral standing, ease of use, and multi-chain compatibility, was a pioneering platform providing accessible entry into the NFT ecosystem, serving because the preliminary step for creators venturing into the house.
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