{"id":84486,"date":"2023-09-14T11:17:41","date_gmt":"2023-09-14T08:17:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84486"},"modified":"2025-09-12T17:40:01","modified_gmt":"2025-09-12T14:40:01","slug":"voice-block-one-backed-social-network-to-wind-down-operations","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/voice-block-one-backed-social-network-to-wind-down-operations\/","title":{"rendered":"Voice, Block.one-backed social network, to wind down operations"},"content":{"rendered":"<p>In the coming months <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a>-social network Voice, backed by Block.one, will wind down its operations due to &#8216;uncertainty in the crypto markets and <a href=\"https:\/\/forklog.com\/en\/news\/what-are-nfts\">NFT<\/a>&#8216;.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today, we are sad to announce that we will be winding down operations at Voice over the coming months.<\/p>\n<p>\u2014 Voice (@VoiceHQ) <a href=\"https:\/\/twitter.com\/VoiceHQ\/status\/1702041041220534764?ref_src=twsrc%5Etfw\">September 13, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;At present we believe that, in the interests of Voice and its community, we should use the remaining resources we have to optimise the wind-down process,&#8221; said representatives of the project.<\/p>\n<\/blockquote>\n<p>The EOS blockchain company Block.one invested $150 million in Voice&#8217;s development, and spent a further $30 million on the voice.com domain.<\/p>\n<p>Launched in 2020, the platform is built on a separate implementation of the EOS protocol and uses biometric authentication to guard against bots and fake accounts.<\/p>\n<p>Voice was positioned as a &#8220;content marketplace&#8221; where users could control the promotion of posts. This feature was implemented using native tokens earned for activity.<\/p>\n<p>The network was mainly popular among artists and NFT creators, who aligned with the concept of tokenised marketing.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">Too bad Voice turned into an art\/NFT platform instead of sticking to becoming a social platform.<\/p>\n<p>\u2014 Michael (@1MichaelWheeler) <a href=\"https:\/\/twitter.com\/1MichaelWheeler\/status\/1702098617543102668?ref_src=twsrc%5Etfw\">September 13, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;It&#8217;s a pity that Voice has turned into an art\/NFT platform rather than becoming a social network,&#8221; one user lamented.<\/p>\n<\/blockquote>\n<p>Ahead of the final closure, the Voice team will set up a service to migrate non-fungible tokens to other networks.<\/p>\n<p>The EOS token hardly moved on the news. On CoinGecko, the asset was trading at $0.5578, up 0.6% on the day.<\/p>\n<p>Earlier in August 2023, the NFT platform Recur <a href=\"https:\/\/forklog.com\/en\/news\/recur-project-to-close-two-years-after-raising-50m\">announced the discontinuation of operations<\/a> due to &#8216;unforeseen problems and changes in the business landscape&#8217;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the coming months, Web3 social network Voice, backed by Block.one, will wind down its operations due to \u201cuncertainty in the crypto markets and NFT.\u201d<\/p>\n","protected":false},"author":1,"featured_media":84487,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[83,817,1110],"class_list":["post-84486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-business","tag-eos","tag-web-3-0"],"aioseo_notices":[],"amp_enabled":true,"views":"46","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=84486"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84486\/revisions"}],"predecessor-version":[{"id":84488,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84486\/revisions\/84488"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/84487"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=84486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=84486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=84486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}