- Brendan Blumer and Block.one are currently working on the voice social media network
- Influencers could receive between $50 and $100 million
Brendan Blumer, the CEO of Block.one, the parent company of EOS, suggested that influencers could be making between $50 and $100 million in revenue fro the social media network Voice. This is according to a recent message that spread on the internet.
— eosioAlabama (@eosioalabama) June 10, 2019
Influencers Could Generate Between $50 And $100 Million
A few weeks ago, EOS decided to launch the social platform Voice, a decentralized and crypto-friendly social media platform. In general, many of the traditional centralized platforms monetize their users and their data, which is something that has affected the credibility of these networks after being involved in different scandals.
Block.one explained in a press release that Voice is a more transparent social media platform for the world. They explain that the value of good content gets circulated back into the community. All the content that is posted on the network is going to be publicly recorded on the blockchain. However, users will have to provide a government ID that proves their identity. The VOICE tokens are going to be distributed among users, they cannot be purchased or mined.
Although it is not possible to know if the VOICE tokens will result in the fairest distribution ever, Block.one wants to attract creators that believe the platform could help them get an important source of income. The company has yet to explain how the firm will be profiting from the platform.
Block.one CTO, Dan Larimer, created the Steemit social media platform as well. But the top accounts on this network have just a few thousands of followers, which is not promising considering there are centralized social networks that users have millions of followers. At the moment, Steemit has almost 1 million users and they have laid off 70 percent of the workforce in 2018.
During a conversation with CryptoSlate, Mahbod Moghadam the co-founder of Everipedia, another social network that was built on top of EOS, said that EOS has a social network called Everipedia and that Voice should be based on the IQ token.
At the moment, Block.one is working in order to make the blockchain social media network attractive to users and influencers that want to earn money through it. Time will tell whether the initiative has prospered or not.
EOS is the sixth largest cryptocurrency in the market with a price of $6.52 and a market capitalization of $5.99 billion.