According to news on September 14, the social platform Voice announced that it would cease operations in a few months. Officials stated that the reason for the operation was the high uncertainty in the cryptocurrency and NFT markets. Voice said that new user registration has been suspended and the trading market has been closed. The assets of old users are safe. Users can migrate NFT assets to EOS, Polygon and Ethereum in a few weeks, and the assets will be retained on the Voice platform until December 31, 2024.
Voice was first launched as a social platform by BM, the founder of EOS, in June 2019. At that time, it was evaluated by BM as an application that changed the industry structure. It had received US$150 million in financing from Block.one, the parent company of EOS. The selling points are the token rewards for platform interaction and the guarantee of real users on the entire platform. However, after the product was launched, the user experience was not good, and the response from the community was mediocre. It was shut down shortly after its launch and then transformed into an NFT creation and trading platform. Now it has announced its suspension again.
