Block.one invests $ 150 million in blockchain social application Voice to support its independent operations

EOS development company Block.one said in a statement that it would invest $ 150 million in blockchain social application Voice to support its independent operations. A Block.one spokesperson said the $ 150 million investment included “$ 100 million in cash and $ 50 million in intellectual property assets.” At the same time, every user of Voice needs to pass KYC verification to prevent regulatory accountability for users who post content. Block.one announced the launch of the blockchain social application Voice in June 2019. This product will use the EOS blockchain to allow the publishing, sharing and promotion of content. Users can use the token incentive system to share advertising revenue generated by content creation , The Voice application is expected to launch in the first quarter of this year. Chain Wen previously reported that the social networking application Voice will run on the dedicated EOSIO blockchain and will not initially run on the EOS mainnet.