Bitcoin․com Announces Strategic Partnership with Poly Network

1 year ago

press release

Join the Verse nationalist token merchantability present and acquisition VERSE tokens utilizing BTC, BCH, ETH and USDT/USDC. Sale closes Dec 1 astatine 0:00 UTC.

Bitcoin.com, a integer ecosystem that offers unafraid self-custody solutions for users to easy interact with cryptocurrencies, has formed a mutually beneficial strategical concern with Poly Network to enactment Bitcoin.com’s Verse ecosystem.

Poly Network is simply a decentralized and trustless interoperability protocol for heterogeneous blockchains, which has truthful acold integrated enactment for implicit 130 tokens.

Verse is Bitcoin.com’s ecosystem token that volition motorboat pursuing the nationalist sale, presently unrecorded astatine getverse.com. Verse volition substance the maturation and enlargement of Bitcoin.com’s ecosystem, which includes implicit 35 cardinal self-custody wallets created successful its multi-chain DeFi-ready mobile app, and an award-winning quality portal with implicit 2.5 cardinal monthly readers. Verse volition supply entree to exclusive level services and enactment arsenic the cornerstone for caller initiatives, yet expanding entree to decentralized technologies and finance. By interacting with the Verse DEX, staking VERSE, receiving currency backmost successful VERSE, and utilizing the VERSE token arsenic collateral successful assorted lending pools, Bitcoin.com’s millions of users volition beryllium capable to instrumentality afloat vantage of their clip spent engaging with the platform.

With the enactment of Poly Network, aggregate exertion scenarios are enabled for VERSE to beryllium utilized arsenic an plus passim DeFi. These exertion scenarios see DEX trading, lending, and liquidity mining crossed assorted heterogeneous blockchains and wrong Layer 2 ecosystems.

“Poly Network is 1 of the champion bridges, enabling transportation of some tokens and NFTs crossed aggregate networks with nary state fees,” said Dennis Jarvis, CEO of Bitcoin.com. “This strategical concern is not lone an effectual means of expanding the inferior and liquidity of VERSE, but an look of enactment for Verse’s ngo to heighten economical freedom.”

John Wang, Poly Network’s founding subordinate commented, “Verse volition fuel Bitcoin.com’s already palmy ecosystem of crypto products. Those products are self-custodial, multi-chain, and DeFi-centric, which we are steadfast believers in. Poly Network hopes to laic a coagulated interoperability instauration to guarantee the full ecosystem volition beryllium vibrant and thrive.”

Bitcoin.com’s Dennis Jarvis added, “We’re looking guardant to exploring further aboriginal collaborations between Bitcoin.com, Verse, and Poly Network with the extremity of bringing affordable entree to blockchain for everyone. Affordability is simply a important obstruction to wide DeFi adoption and overcoming it volition yet make much economical freedom.”

VERSE volition supply worth to those interacting with the Verse DEX, Ethereum blockchain, and broader DeFi ecosystem. The VERSE token volition spearhead initiatives to accelerate maturation and innovation successful DeFi done the Verse Development Fund.

The Verse nationalist token merchantability is presently underway astatine getverse.com, wherever 2% of the token proviso is up for grabs successful a dynamically priced sale that could spot nationalist merchantability buyers wage a little terms per token than those who purchased successful the archetypal round.

About Poly Network

Poly Network is simply a planetary cross-chain protocol for implementing blockchain interoperability and gathering Web3.0 infrastructure. Its uniquely designed blockchain and cross-chain span exertion unfastened up connection and alteration transactions betwixt assorted heterogeneous chains, including mainstream nationalist chains from the protocol layer. Poly Network has integrated 35+ blockchains to date, including Ethereum, Aptos, Polygon, Avalanche, Fantom, BNB Chain, Arbitrum, Optimism, OKC, Neo, Zilliqa, Metis, etc. Since its launch, the protocol has enabled cross-chain plus transfers of a worth successful excess of USD 16 billion.

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.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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