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PANews reported on September 14 that NFT market Voice announced on the X platform that it will gradually close its business in the next few months. Voice said: “It is now clear to us that the ongoing uncertainty in the cryptocurrency and NFT markets will last longer than we imagined. Therefore, we believe that using remaining resources to optimize the platform end process for users is in line with Voice and its community. best interests.”
Voice said that in the next few weeks it will launch a service to migrate NFTs from Voice to self-hosted wallets on the public chain: EOS, Polygon or Ethereum.
It is reported that Block.one launched Voice in 2019, originally intended to be a centralized social platform. Block.one invested US$150 million in Voice in 2020 and allowed it to operate independently. As of March 2020, Block.one has Invest $300 million into it. In 2021, Block.one decided to upgrade Voice to an NFT platform.