Block.one Announces The Release Of A Blockchain Based Social Media Platform

Eos (EOS) parent company Block.one announced in a press release on the 1st of June, a blockchain – based social media platform called Voice. The stated that Voice would be making use of the Eos blockchain to provide transparency on how it operates and there would be no hidden algorithms or content pushing mechanisms unknown to the user.

Brendan Blumer, CEO of Block.one, compared voice with traditional social media platforms in a press release, saying:

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.

Block.one has reportedly joined the Coinbase Earn program, an educational program offered by significant crypto platform Coinbase. The Coinbase Earn program allows users to study courses on crypto of their choosing for a small payment in the coin they are learning about.

Eos also recently partnered with Tether to put Tether’s stable coin on the Eos blockchain. The proof – of – stake design for tether EOS reportedly makes it a good fit for peer – to – peer microtransactions.

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