News Block.one spent $30 million on Voice.com domain name

Block.one spent $30 million on Voice.com domain name

-

- Advertisment -

Block.one is leaving no expense spared.

Earlier this month, the builders of the EOS network announced a social media platform called  Voice. While the company has yet to set a release date–or shown any details on the project–it has spent an eye watering $150 million. But the spending hasn’t stopped there. It appears that the company has spent big on a fancy domain name.

According to BusinessWire, an analytics firm called MicroStrategy sold the Voice.com domain name for $30 million to Block.one. The domain was passed over on May 30, just two days before the blockchain business unveiled the new platform in a keynote speech.

The team at MicroStrategy were all for Block.one using the domain name, bragging that it, “can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.” Which sounds promising for EOS holders.

But then again, this is hardly surprising. MicroStrategy’s business model is hodling and selling high-profile domain names. They hold other domains like Wisdom.com, Courage.com and Hope.com.

But out of those three, which best sums up Block.one’s attempt at cracking the social media market? Do they know something we don’t, or are they hoping a fancy domain name–and buckets of cash–are all it takes to make a winning product?

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

5 of the Best Crypto Jobs Sites

The cryptocurrency and blockchain job market has exploded. With new blockchain start-ups and projects being founded at...

What’s the future of decentralized blockchains?

When Bitcoin was new and not valued at anything or just a few cents anyone could join...

My 5 favorite free crypto tools & sites I use daily

So I often get asked by friends, or people visiting my site about new tips for exciting...

Cryptocurrency is The Last Kingdom Where You Can Keep Your Data Private

Data privacy has been a hot topic for quite some time now and particularly after the popularity...
- Advertisement -Block.one spent $30 million on Voice.com domain name

How To Travel With Bitcoin: 9 Travel Companies Accepting Bitcoin

Bitcoin travel is a reality, as several travel companies now accept payments in cryptocurrencies for their services.

Top 5 Ways To Build a Profitable Business in The Crypto Sector

The crypto industry has grown significantly despite criticism and a skeptical approach from regulators across the globe....

Must read

5 of the Best Crypto Jobs Sites

The cryptocurrency and blockchain job market has...

What’s the future of decentralized blockchains?

When Bitcoin was new and not valued...
- Advertisement -

You might also likeRELATED
Recommended to you