Block.one has received a $600,000 grant from the Commonwealth’s Opportunity Fund for helping Arlington County with the project. This new headquarters will develop around 170 job opportunities in the upcoming 3 years.
The proximity of Arlington with the capital enables various business opportunities and official relations. However, this step will provide new insights into the era of digital assets and blockchain technologies. Moreover, Block.one will invest $10 million in Arlington County. Also, the new headquarters intend to change the image of Virginia in the IT Sector.
In July, Block.one invested $30 million in cash payment for its social media platform’s domain name. Domain registrar GoDaddy sanctioned the domain name of Voice as “voice dot com”. Although, it concluded the domain name on May 30, 2019. Earlier, it announced the ID verification feature of its social media platform. This feature intends to encourage genuine users by keeping the bots off of its sites. All users are verified, and Block.one pays for every single verification. Government IDs are compulsory for the verification process as per the source.