{"id":59288,"date":"2023-09-14T17:30:35","date_gmt":"2023-09-14T21:30:35","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=59288"},"modified":"2023-09-14T17:33:57","modified_gmt":"2023-09-14T21:33:57","slug":"voice-nft-platform-to-shutdown","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/voice-nft-platform-to-shutdown\/","title":{"rendered":"Voice NFT Platform to Shutdown"},"content":{"rendered":"\n

Voice has opted to close its doors just two years after switching from a social network to an NFT platform<\/a>.<\/p>\n\n\n\n

\"Voice
Voice NFT Platform to Shutdown<\/figcaption><\/figure>\n\n\n\n

Voice was originally intended to be a decentralized social media network, but it was eventually “upgraded” into a platform for creators using non-fungible tokens (NFT). It is currently reducing its services despite regulatory obstacles.<\/p>\n\n\n\n

\n

Today, we are sad to announce that we will be winding down operations at Voice over the coming months.<\/p>— Voice (@VoiceHQ) September 13, 2023\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/blockquote>

The NFT platform said in a thread on X (previously Twitter) that it will be “winding down operations” in the next months due to the persistent unpredictability of the cryptocurrency and NFT markets. <\/p>\n\n\n\n

The startup made no further comments on its choice. Nevertheless, it clings on to its belief in the “tremendous potential web3 holds to empower creators.”<\/p>\n\n\n\n

\n

“At this point, we feel that it is in the best interest of Voice and its community to use our resources to optimize our wind-down process for you.”<\/p>\n<\/blockquote>\n\n\n\n

In the next weeks, voice will introduce a tool to connect NFTs from its platform to self-custody wallets with support for open networks like Ethereum, Polygon<\/a>, or EOS.<\/p>\n\n\n\n

The first hint regarding Voice came in 2019 when Block.one, the organization behind EOS, paid MicroStrategy a stunning $30 million in cash to acquire the domain name Voice.com. <\/p>\n\n\n\n

Along with that contribution, Block.one also contributed an additional $150 million to the project's expenses. Voice was initially intended to be a decentralized social networking site that used blockchain technology to completely transform the social media environment. <\/p>\n\n\n\n

Dan Larimer, a co-founder of Block.one, left the company in January 2021 in order to concentrate more on developing “free market, voluntary solutions for securing life, liberty, property, and justice for all.”<\/p>\n\n\n\n

The company would “upgrade” to a social platform “where users can create digital arts across all formats,” including NFTs, in 2022, according to a now-deleted blog post by Voice CEO Salah Zalatimo<\/use><\/svg><\/span><\/a>. But since then, the platform has yet to succeed in challenging other NFT marketplaces like OpenSea or Rarible.<\/p>\n","protected":false},"excerpt":{"rendered":"

Voice has opted to close its doors just two years after switching from a social network to an NFT platform. Voice was originally intended to be a decentralized social media network, but it was eventually “upgraded” into a platform for creators using non-fungible tokens (NFT). It is currently reducing its services despite regulatory obstacles. The […]<\/p>\n","protected":false},"author":43,"featured_media":59290,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62],"tags":[147,16423],"class_list":["post-59288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft-news","tag-nft","tag-voice"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/croc_1694714851945.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/59288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=59288"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/59288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/59290"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=59288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=59288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=59288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}