The NFT platform Voice announced that it will cease operations, having received $150 million in investment from Block.one

2023-09-14 10:23:31
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ChainCatcher news, the NFT platform Voice announced that it will cease operations in a few months. The official statement cited high uncertainty in the cryptocurrency and NFT markets as the reason for this decision. Voice stated that new user registrations have been suspended, and the trading market has been closed. Existing users' assets are safe, and users will be able to migrate their NFT assets to EOS, Polygon, and Ethereum in a few weeks. Assets will remain on the Voice platform until December 31, 2024.

Voice was originally launched as a social platform by EOS founder BM in June 2019, and was described by BM as an application that "changes the industry landscape." It received $150 million in funding from Block.one, the parent company of EOS. Its selling points included token rewards for platform interaction and a guarantee of real users across the platform. However, after the product launch, the user experience was poor, community feedback was lukewarm, and shortly after its launch, it was shut down and transformed into an NFT creation and trading platform, which has now announced its closure again.

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