Block.one Buys Domain Voice.com For a Staggering Price Of $30 Million for EOS Social Media Network

The company behind EOS network, Block.one has confirmed that they have purchased domain name Voice.com for their social media platform Voice. The website is already live now.

Enterprise analytics and mobility software provider MicroStrategy announced that GoDaddy had facilitated the transaction. MicroStrategy’s senior executive vice president said:

“Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.”

BitcoinExchangeGuide had reported about Block.one launching Voice at the beginning of the month. Voice will run on the EOS blockchain, which is also upgrading to a faster Version 2.0.

By using the public chain, everything posted to EOS will be public. The CEO of Block.one, Brendan Blumer had said:

“The truth is, current social media platforms are designed to use their users. Just look at the business model. Our content. Our data. Our attention. These are all incredibly valuable things. But right now, it’s the platform, not the user, that reaps the reward.”

Blumer promised that Voice will do a better job of keeping out bots and trolls than previous social networks, without really going into the mechanics of doing so.

To do so, the company implements a special authentication process to onboard users, which possibly involves checking people’s government IDs. This feature might hit home for many traditional social media firms, as they are plagued by the problem of fake accounts and bots.

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Sritanshu Sinha
Sritanshu Sinha
Sritanshu has a keen interest in emerging technologies, startups and economic anthropology. He holds the view that cryptocurrencies are the best bet humanity has got to push the world towards a borderless economy.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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