Cryptocurrencies & Platforms

EOS Developer Block.One Might Build Crypto Twitter

EOS (EOS) blockchain developer Block.One is launching a new blockchain-based social media platform called Voice. The firm announced the platform during the B1June KeyNote on June 1, and it was the highly anticipated announcement hyped up by Dan Larimer.

Will Voice Replace Twitter?

During the KeyNote, CEO of Block.One Brendan Blumer explained that the social media platform will be built upon the EOS public blockchain in the interest of providing transparency on how it operates and decentralizing how social content is shared and promoted.

He said the platform will not have shady algorithms or content-pushing mechanisms that are hidden from the user, adding:

“The truth is, current social media platforms are designed to use their users. Just look at the business model. 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.”

Voice is poised to revolutionize the social media business model by giving power back to the users with an innovative economic model that uses Voice tokens, the platform’s native cryptocurrency issued on the EOS blockchain.

Upon visiting the platform’s website and reviewing teaser images of Voice, it appears that the social media platform will resemble that of Twitter or Instagram.

Therefore, once Voice officially launches it could potentially lure users away from the traditional Twitter and become the new, less polarized place to share thoughts and ideas.

Do you think Block.One’s Voice platform could replace Twitter? Let us know what you think in the comment section below.

Jeremy Wall

Jeremy is a financial writer and aspiring investor. He is also a cryptocurrency enthusiast that’s fascinated with blockchain technology and the financial markets. When he’s not researching and learning about cryptocurrency, he’s traveling the world with his dog and girlfriend.

Share
Published by
Jeremy Wall

Recent Posts

Is A Silicon City Tech Giant Behind BlockDAG Network As Its $11.4M Presale Outcasts Floki Inu Price Surge Amid BOME Fluctuation

With Floki Inu's next bull run approaching, investors are closely monitoring its innovative token burn…

9 months ago

BlockDAG Becomes Top Crypto Investment Choice with $9.9M Presale, Beating Fantom & Apecoin

BlockDAG (BDAG) has continued to stand out with its innovative presale strategy, offering early investors…

9 months ago

Render and Dogecoin Price Predictions Defy Expectations As BlockDAG Emerges as the Highest ROI Crypto for 2024

As we venture into 2024, the crypto market is brimming with potential for unprecedented growth.…

9 months ago

Solana’s 20% Trading Spike Sparks BlockDAG Presale Interest While Memeinator Presale Reaches Edge

This analysis contrasts the flourishing momentum of BlockDAG coin's presale against the backdrop of the…

9 months ago

CryptoGames Review: Bitcoin and Altcoin Casino

Ever wondered what it is like to experience the extravagant casino vibes in the comfort…

3 years ago