EOS parent company pays $30 million to purchase domain name for Voice
According to documents filed with the US Securities and Exchange Commission (SEC), EOS’s parent company Block.one has paid $30 million in cash to purchase the domain name for Voice, the firm’s new blockchain-based social media platform, reported Telegraph.
The filing states that MicroStrategy Incorporated, analytics and mobility software provider, sold the domain name for $30 million in cash in a transaction facilitated by web domain registrar GoDaddy and completed on May 30, 2019.
Marge Breya, senior executive vice president and chief marketing officer at MicroStrategy said
“The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.”
As reported, Block.one launched its social media app earlier this month. The platform is being marketed with a focus on real users, rather than bots, using the app, a reference to the issue plaguing other social media sites like Facebook and Twitter.