Block.one announces the launch date for its blockchain-based social media platform Voice.com, a domain name bought one year ago for $30 million
A year ago, we wrote about Block.one after the Peter Thiel-backed crypto startup paid $30 million for Voice.com for its new blockchain-based social media platform Voice. The domain name, which was sold by a Virginia-based mobility software and services company MicroStrategy, became the largest reported domain name only sale of all time. Block.one is a tech startup behind EOS.IO, a blockchain powered by the cryptocurrency EOS.
Over the past 12 months, the team at Block.one has been working behind the scenes to bring the platform to life. The platform, which went into private beta in February, according to a December 2019 blog post. Then on June 5, Block.one finally reveals the launch date for its public beta. According to a twitter announcement by Voice CEO, Salah Zalatimo, Voice.com will be open to readers as from the 4th of July. However, the public beta is not all that public because only registered user and those invited can access the public beta.
“We pivoted, and decided to open up our platform for readers on July 4. Only registered user will be able publish or engage. Registration will remain by request until August 15, when users can begin to invite heir friends.”
We pivoted, and decided to open up our platform for readers on July 4. Only registered user will be able publish or engage. Registration will remain by request until August 15, when users can begin to invite heir friends.
— Salah Zalatimo (@Salafel) June 5, 2020
So, what’s so special about Voice? Voice is a transparent, rewards-based social network for creating, distributing, and discovering content. It aims to foster a new and trusted experience through identity authentication and transparent database infrastructure.
The decentralized social network wants to compete with the likes of Facebook and Twitter based on its competitive edge, open-source. Basically, the platform uses the Voice Token, a utility token, to incentivize which act as incentives for creatives posting content on Voice.
Most value is returned back to its community through Voice Tokens, a utility token that can be earned and consumed to acquire the attention of other users on the network. Voice Tokens are consumable utility tokens that capture the attention of other users; you can spend them on specific content to increase visibility on the platform.
Because everyone has the right to be heard, users earn the same amount of Voice Tokens each day. You can earn additional tokens by creating content that other people consume and appreciate. Initially, you can use tokens to purchase space below published content and highlight a “Top Comment”, but Voice Tokens are conceived as the gateway to all forms of promotion and advertising on the platform.