Multi-Billion Dollar Crypto Firm to Launch A New Social Media Platform on EOS Platform

Block.one the multi-billion dollar start-up is going to launch a new social media network called Voice. It has been announced that the platform will be built on the public blockchain EOS with the aim of stripping away corporate controls.

In their mission statement, Voice said :

We think social networking is due for a major rework. From the bot mobs, to the data tracking, to the shady algorithms behind our feeds, social media has not been a good friend to us.

Once launched, the social media platform will include content creation that will be fully transparent and will avoid the types of pitfalls that have made users wary of traditional mainstream outlets such as Facebook.

The business model aims to treat people as people and not commodities and move the benefits to the users rather than the corporates involved.

CEO Brendan Blumer said ‘Our content. Our data. Our attention. These are all incredibly valuable things. But right now, it’s the platform, not the user, that reaps the reward. By design, they run by auctioning our information to advertisers, pocketing the profit, and flooding our feeds with hidden agendas dictated by the highest bidder. Voice changes that

Blumer highlighted how current platforms use their user’s data and how Voice will flip this model…. ‘These are all incredibly valuable things. But right now, it’s the platform, not the user, that reaps the reward. By design, they run by auctioning our information to advertisers, pocketing the profit, and flooding our feeds with hidden agendas dictated by the highest bidder. Voice changes that.’

Beta access is currently open as the firm look for real users to test out the new social media environment. A special authentication process has been put in place to ensure no bots are used.

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