Block.one CTO Dan Larimer throughout the announcement of Voice in June2019 Source: a video screenshot.
With existing social media platforms progressively coming under fire for declared censorship, decentralization supporters might now be one step closer to another blockchain-based option that says it will “take social back from big tech.”
Block.one, the business behind EOS, is now targeting a preliminary launch of their new social media platform Voice on July 4, the Self-reliance Day in the United States. Users will still need to go through registration in order to engage and release with content, and this will remain by demand just up until August 15, Voice CEO Salah Zalatimo tweeted this weekend.
The new launch date marks a modification from a formerly prepared launch at some point this fall, and– according to the business’s CEO– occurs since they “simply can’t wait any longer” offered the big tech business’ increasing control over user information and content on their platforms.
Most Likely playing it safe as they are strolling unchartered waters. If 10s of thousands join at the exact same time, do not want the whole system to crash.
— Franco Mocke (@FrancoMocke) June 6,2020
The decentralized social media platform, which released its beta version back in February, intends to be an option to existing social media networks by putting a focus on having just real human users on its platform, therefore intending to avoid spam, phony users, and deceptivecontent Even more, the platform will feature its own energy token that can be earned as rewards for creating posts, or be invested to boost the exposure of posts.
Block.one has actually invested greatly in the new socialnetwork As reported, the business last year paid USD 30 million for theVoice com domain. Previously this year, the business also announced an extra financial investment of USD 150 million in capital to startVoice
The new platform was initially designed to run on the EOS public blockchain, however later on changed this to the function-made EOSIO blockchain.
At pixel time (07: 20 UTC), EOS, ranked 9th by market capitalization, trades at USD 2.8 and is down by 0.6% in a day, cutting its weekly gains to 3.4%. The is price is practically unchanted in a month and down by 56% in a year.
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