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Learn about Voice on TokenPocket

It was on February 14, 2020, that Block.one launched their first EOSIO product called Voice. Before then every EOSIO blockchain or product was created by the EOSIO community which is growing at a rapid pace as more developers, businesses and even countries begin to see the auspiciousness of the open-source software.

Voice is a blockchain-based social media application created with emphasis on the users of the platform. Unlike contemporary social media platforms, it would reward social media users instead of using them as products and unscrupulously selling their data.

The Problem with Social Media

Voice was created to solve the problems associated with current social media platforms such as fake news, bots, personal information theft, data abuse, cyberbullying, e.t.c. In the current scheme of things, the only people who benefit from the profits that are made from social media are the owners of the social media platforms and the users who generate the content/value/data, gets nothing in return. This is very significant when you consider that data is the most valuable asset in the world today. Social media users should be able to earn from their data and content and know exactly how their data is monetized and how much money is made from it.

Voice Solution

Giving users a voice, a reward for their time, value and content, and ensuring transparency and real identities are the primary aims and unique propositions of this new social media.

By getting rid of the opaque system of one-sided data auctioneering and hidden algorithms, Voice will turn things in favour of social media users and align the interest of the users and the creators of the platform.

Transparency is a core part of the Voice user experience and everyone (users, contributors and the creators) would be bound by the same rules. Voice is built on the Voice blockchain. It is a private blockchain in the sense that the database is controlled by Block.one. They can take down any content that goes against the community guidelines, however, all censorship, just like every other algorithm will be according to already stated ground rules and will be auditable and transparent to everyone. In due time, Voice will be more decentralized and some of the actions will be recorded on the EOS blockchain, making them public.

In order to reduce the risk of bots, fake accounts and misinformation by anonymous malicious actors, which has become a deeply rooted feature of contemporary social media, authenticity is going to be a core part of Voice. Voice has a KYC feature for identity verification. The purpose of identity verification is to make sure that every account belongs to a real person and not a bot. This would effectively foster the creation and sharing of authentic content on the platform by real users instead of bots and fake accounts.

Voice Tokens

Voice would operate a self-sustaining economy of ideas through which users would be rewarded for their ideas and engagement on the platform. The system is wired to give value back to the users. This reward would come in the form of the Voice Tokens. Users can earn Voice Tokens for expressing themselves and creating quality content.

Voice token serves three key purposes:
— Facilitating engagement with other users and their content.
— Allowing authors to boost the visibility of their content.
— Serving as a measure of the popularity of content based on public interest in promoting it.

Voice tokens are earned through engagement in the following way:
— active registered users collect a free daily allowance.
— 30 day upfront bonus when signing up.
— rewards for popular content creation.
— watching ads, moderate content, user invites.

Only registered users (KYC) can hold or earn Voice tokens but all Voice content is available for anyone to view (read-only). Content creators will be able to edit their content in a transparent way.

Learn about Voice on TokenPocket

You can learn more about the Voice ecosystem through the TokenPocket app. Every information you need relating to Voice, from FAQs, related news and articles and videos from the Voice team and the EOSIO community are available on TokenPocket.

Note: There is currently no official partnership between Voice.com and TokenPocket.

TokenPocket is the most popular EOSIO wallet with a powerful and secure digital asset management and DApp browser. It supports all blockchains and cryptocurrencies and it’s available on Android, iOS and Desktop.

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Toju Kaka

Toju Kaka

#Author of Understanding EOS: https://amzn.to/3aPhBDA #Blockchain Consultant #Cryptocurrency Trader. Ex @OKx BD Manager for Nigeria