Block One buys Voice for $30 million! Block.One, anxious to get into the social networking business, bought Voice.com for a cool $30 million.
Block.One paid MicroStrategy for its “ultra-premium domain name” service to give their new social network a leg up in adoption.
Voice.com is now home to Block.One’s Voice social media service – a blockchain based system that aims, in its words, to destroy “bot mobs, … data tracking, [and] the shady algorithms behind our feeds.” Block.One has already spent $150 million on the project.
MicroStrategy is a business intelligence and analytics firm that holds a number of high-profile domain names from the days when companies hoarded domains like gold. MicroStrategy was founded in 1989, and the company has gone through many changes, including building Alarm.com in 2000. Other domain names that they’ve cultivated include Strategy.com, Speaker.com, and oddly enough, Mike.com.
Is Voice.com a good choice? Well, considering most of us use Twitter.com and Facebook.com, not TheTwitter and TheFacebook, if successful, $30 million might be a bargain! But then again, Block.One is the one to try to sway us from Facebook to their social networking site. Let’s see how successful they’ll be. Block.One is playing catch-up though – while they’re establishing a social network, Facebook, already a globally dominant social networking site, is launching their own Cryptocurrency, Libra.
Do you think they’ll be successful? What alternative social media/networking sites do you currently use? Let us know on our Facebook page!
