Blockchain-Powered Social Media Platform Voice Announces Beta Launch

Blockchain-Powered EOS based social media platform Voice announced that it will launch the beta launch of the platform on Feb. 14 in 2020.

On Dec. 5 a blog post was published stating the launch date as well as sharing its progress as the development goes on. Apparently, thousands have signed up to take part in its beta testing. Although the firm admits that the initiative is still plagued by regulatory uncertainty and working with regulators in ensuring compliance.

Features Of Voice

The platform plans to “cycle value” back to the users in the form of its own tokens. Voice presents itself as a social platform aiming to solve the problems afflicting its already active counterparts- such as data auctioneering and hidden algorithms.

features of voice

Voice claims that the initiative will attempt to solve the interest misalignment afflicting current platforms:

“We believe Voice is social as it should be — where what’s good for the platform is also good for you.”

Voice Aims To Solve The Current Problems Of Social Media

block.one

Daniel Larimer – CTO of Block.one

The blog post explains the motivation behind the project’s development citing an explanation that was issued about half a year ago to an audience in Washington D.C. by EOS creator Block.One chief technical officer Dan Larimer.

Summarized as:

“Social media is broken. Designed to use us, our data and attention is harvested into trillion dollar profits, while we struggle to protect ourselves against the consequences of having our attention auctioned to anonymous parties, and our personal information traded on the open market.”

Larimer explained that such a misalignment of interest between the platforms and its users increasingly exposes the public to data profiling, identity theft, cyberbullying, and persuasive misinformation. He says that manufactured propaganda aims to manipulate public opinion flourishes on social media platforms making it harder than ever to know what is real.

Source: Cointelegraph Image: Coinspeaker | EOSWriter

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