- Voice, a leading NFT marketplace, plans to shut down due to volatility.
- The platform will secure user assets until December 2024 for transfer.
- Voice launched the world’s first voice NFT, Voiceverse Origins, in February 2022.
Voice, a prominent NFT marketplace, has announced its plans to shut down operations in the coming months due to ongoing volatility in the NFT sector. Through a sequence of recent tweets, Voice confirmed that it will shortly halt new user registrations and completely terminate trading activities. The platform has guaranteed its users that their current assets will be secure until December 2024, when they can be transferred to EOS, Polygon, or Ethereum.
The tweets from the NFT marketplace expressed a positive outlook on the future of the Web3 industry, even amidst the present decline in the NFT market. A tweet from Voice indicated that their team has no plans to completely exit the industry, stating: “We will see you out there [web3] in the forthcoming months and years”.
In announcing the marketplace’s shutdown, Voice highlighted that an email had been dispatched to its users, providing additional information regarding the company’s decision. Moreover, Voice seized this moment to express its appreciation towards the NFT community and artists, articulating that their platform would not have been possible without them.
Thank you to our artists for working so closely with us to help shape the future of art. Together, we saw the potential for empowering artists in Web3. We hope our commitment to carbon neutrality, artist royalties, and inclusivity has helped unlock some of that potential.
Voice, a project initiated by EOS founder Dan Larimer, also known as BM, in 2019, has a promising future. Block.one, the publisher of EOS, injected approximately $150 million into Voice in 2020 to ensure its operational autonomy. In February 2022, Voice launched the world’s first voice NFT, Voiceverse Origins. Initially conceived as a social media platform, Voice transitioned into an NFT marketplace, experiencing the sector’s extreme highs and lows this year.
