Bitcoin․com Announces Public Sale of VERSE Ecosystem Token

1 year ago

press release

Bitcoin.com, a integer ecosystem and unafraid self-custody level wherever users tin safely and easy interact with cryptocurrencies and integer assets, has announced that Sale B, oregon the nationalist merchantability of the VERSE inferior and rewards token, volition statesman connected November 1, 2022. Verse volition enactment radical onboarding into Bitcoin and DeFi by rewarding them for buying, selling, storing, using, and learning astir cryptocurrency.

Since 2015, Bitcoin.com has been creating opportunities for fiscal independency connected a planetary standard done its suite of resources, including the Bitcoin.com quality site, acquisition resources, and its low-barrier-to-entry wallet. Through Sale B, Bitcoin.com’s millions of users are capable to instrumentality afloat vantage of their clip spent engaging with the platform. Rewards volition beryllium allocated by interacting with the Verse DEX, staking VERSE, currency backmost paid successful VERSE, and utilizing the VERSE token arsenic collateral successful assorted lending pools. Bitcoin.com plans to merchandise airdrops to dispersed consciousness astir Verse and entice existent users and newcomers alike to beryllium much progressive successful DeFi.

“The nationalist merchantability of VERSE signifies a milestone for the Bitcoin.com ecosystem and allows america to scope a caller audience, particularly those who privation to travel done their archetypal token merchantability with ease, simplicity, and a trustworthy platform,” said Dennis Jarvis, CEO of Bitcoin.com. “The crypto assemblage is connected the cusp of defining the adjacent question of economical freedom, and Bitcoin.com looks guardant to ushering successful a caller procreation of financially autarkic users done the Verse ecosystem.”

The VERSE token proviso is fixed astatine 210 billion, and volition beryllium distributed implicit the people of 7 years. Sale B follows the VERSE backstage sale, which was completed successful May 2022, and sold 10% of the full VERSE proviso successful speech for $33.6 million.

“The Verse assemblage has grown to much than 25,000 members crossed Telegram and Discord, typical of not lone crypto-newcomers but besides crypto-natives who spot the worth and are aligned with our ngo to present a satellite wherever economical state is astatine the halfway of our determination making,” said Vitalik Marincenko, Lead Engineer with Verse. He added, “the Bitcoin.com Wallet boasts implicit 34 cardinal wallets created, galore of which we expect to enactment successful the sale.”

Lizzie Eng, Lead for the Verse Development Fund noted, “The inferior of VERSE expands adjacent further, acting arsenic a cornerstone of the Verse Development Fund, an inaugural to accelerate maturation and innovation in Bitcoin.com’s Verse ecosystem. Starting successful Q1 of 2023 the money volition supply grants to DApps that integrate with the ecosystem. The money volition besides sponsor hackathons and incubate tokenized projects done our launchpad service, which volition beryllium released adjacent year.”

As a cross-chain token compatible with the ERC-20 standard, VERSE volition supply immense worth to those interacting with the Verse DEX, Ethereum blockchain, and broader DeFi ecosystem. The Verse squad is actively exploring opportunities to grow the token into low-fee Ethereum Virtual Machine-compatible networks to supply an optimal idiosyncratic experience. The nationalist merchantability of VERSE compliments breathtaking developments occurring successful the Bitcoin.com ecosystem, specified as integrations with Avalanche, the authoritative motorboat of the Verse Development Fund, and information and accessibility upgrades made to Bitcoin.com accounts.

The Verse token merchantability is not disposable successful the United States, Japan, oregon other restricted jurisdictions.

Registrations for the nationalist merchantability are present unfastened at getverse.com.


Bitcoin.com

Since 2015, Bitcoin.com has been a planetary person successful introducing newcomers to crypto. Featuring accessible acquisition materials, timely and nonsubjective news, and intuitive self-custodial products, we marque it casual for anyone to buy, spend, trade, invest, earn, and enactment up-to-date connected cryptocurrency and the aboriginal of finance.

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