Voice, BM’s NFT platform, will gradually cease operations. Its predecessor raised US$150 million

Odaily News NFT platform Voice announced that it will cease operations in a few months as uncertainty in the cryptocurrency and NFT markets is high and lasting. Voice said that new user registration has been suspended and the trading market has been closed. Existing user assets are safe. Users can migrate NFT assets to self-hosted wallets on EOS, Polygon and Ethereum chains in a few weeks. The assets will be retained on the Voice platform until December 31, 2024. Voice was first launched as a social platform by BM, the founder of EOS, in June 2019. At that time, BM evaluated it as an application that changed the industry landscape. Block.one, the parent company of EOS, invested US$150 million in Voice. The selling points of Voice are the token rewards for platform interaction and the guarantee of real users on the entire platform. However, after the product was launched, the user experience was not good, and the response from the community was mediocre. It was shut down shortly after its launch and then transformed into an NFT creation and trading platform. Now it has announced its suspension again.