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 be suspending new user registrations and ceasing trading activities entirely. 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 marketplace’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 be leaving the sector entirely, adding: “We will see you out there [web3] in the months and years to come.” In announcing the marketplace’s closure, Voice noted that an email was sent to users explaining the firm’s decision. Additionally, Voice took the opportunity to express its gratitude to the NFT community and artists.
Launched in 2019 by EOS founder Dan LARIMER, better known as BM, Voice had a bright future. In 2020, Block.one, the publisher of EOS, invested approximately $150 mln in Voice with the goal 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 out 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 sector has experienced this year.
Image: Forbes
