Voice, the social media based on the EOS blockchain, officially announced that it has received $150 million to continue the development of the platform.
The newborn social network, in beta since last February 14th, aims to make the use of this type of platform more transparent and secure, both in terms of what is published, which is recorded on the blockchain, and in terms of security for those who post content, since a KYC (Know Your Customer) procedure is required to access the social network, thereby making sure that a real person is behind an account.
The CEO of Block.one, Brendan Blumer, also spoke about live journalism, rather than a static platform, referring to the fact that it can be used to spread news:
“We are creating living journalism instead of static news platforms. With Voice setting out to fundamentally change how media platforms are working, it was the right time for Block.one to hand the reins to (Voice CEO) Salah Zalatimo and allow Voice to grow under his leadership to create a truly unique experience for content creators everywhere”.
It is worth mentioning that the social media Voice is led by Salah Zalatimo, former CDO of Forbes, and these new funds will provide the necessary resources to expand the team and continue the development of the platform.
For the time being, the beta is only available in the US, but in the coming months it should launch in Europe and restore the user’s confidence in social networks, as reiterated by the CEO of Voice, Salah Zalatimo:
“Today’s media and social media landscapes are rapidly converging. And the resulting digital forums for engagement are broken. We’ve witnessed a profound loss of trust on social media sites given their opaque use of personal data and capricious content regulation rules: If you need to hire armies of people to remove disturbing content, then there’s something fundamentally wrong with the platform. Voice wants to bridge divisions and rebuild trust in our media platforms by promoting authenticity, transparency and humanity in our community”.
Therefore, with $150 million now available, Voice, which many describe as a fusion between Twitter and Medium, will begin a real war with other social platforms.