Voice, a prominent NFT marketplace, has announced its decision to cease operations in the coming months, amid continued uncertainty in the NFT space. In a recent series of tweets, Voice announced that the marketplace would soon suspend registration of new users and cease trading operations completely. Voice has assured its users that existing assets will remain secure until December 2024 before they can be moved to EOS, Polygon or Ethereum.
The market’s tweets reflect optimism about the potential of the Web3 sector, despite the current downturn in the NFT market. Voice said in a tweet that its team would not leave the sector completely, adding: “We’ll see you out there [web3] in the coming months and years.” In announcing the marketplace’s closure, Voice noted that an email had been sent to users explaining the company’s decision. In addition, Voice took the opportunity to express its gratitude to the NFT community and artists.
Launched in 2019 by EOS founder Then LARIMER, better known as BM, Voice had a bright future. In 2020, Block.one, the publisher of EOS, invested approximately $150 million in Voice with the aim of ensuring Voice’s operational independence from Block.one. In February 2022, Voice released the world’s first voice NFT, Voiceverse Origins. While Voice started as a social media platform, it eventually evolved into an NFT marketplace, riding the NFT wave from the dizzying highs to the stunning lows the industry has experienced this year.
Image: Forbes
