Bitcoin․com Expands Access to DeFi With Public Sale of Ecosystem Utility Token VERSE

Whitelisted Individuals for the Sale Will Be Able to Purchase VERSE Tokens Using BTC, BCH, ETH and USDT/USDC.

November 1, 2022 – 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 the nationalist merchantability of the VERSE inferior token is present live. VERSE volition reward participants for buying, selling, storing, using, and learning astir cryptocurrency, portion supporting those who are seeking accessible onboarding into Bitcoin and DeFi.

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.

“We are officially entering a caller epoch of Bitcoin.com with the nationalist merchantability of VERSE. Our squad powerfully believes successful Verse’s ngo to heighten economical independency done its utility, ecosystem rewards and low-barrier-to-entry features offered connected a secure, trustworthy platform,” said Dennis Jarvis, CEO of Bitcoin.com. “It is with Verse that Bitcoin.com volition proceed to supply not lone crypto-newcomers, but besides crypto-natives, with the resources, tools, and exertion needed to usher successful the adjacent rhythm of wide DeFi adoption.”

Two percent of the 210 cardinal fixed token proviso is up for grabs successful the nationalist sale. Tokens volition statesman unlocking from time 1 and proceed connected a linear vesting docket implicit 18 months. The nationalist merchantability follows the VERSE Sale A, a backstage sale, completed successful May 2022, wherever 10% of the full VERSE proviso was sold successful speech for $33.6 million. As the nationalist merchantability is dynamically priced, buyers whitethorn unafraid a terms per token that is little than that paid by buyers successful the backstage sale. The merchantability volition tally for 30 days oregon until the brushed headdress is reached. Read much astir the Verse token sale’s dynamic pricing here.

As a cross-chain token compatible with the ERC-20 modular and with a absorption connected expanding into low-fee chains, VERSE volition supply worth to those interacting with the Verse DEX, Ethereum blockchain, and broader DeFi ecosystem. The nationalist merchantability of VERSE compliments breathtaking advancement successful the Bitcoin.com ecosystem, specified arsenic improvement of a crypto-backed debit paper that volition wage currency backmost successful VERSE, integrations with Avalanche, a concern with Coinbase Cloud for multi-chain connectivity, the authoritative motorboat of the Verse Development Fund, NFT-collectibles, and information and accessibility upgrades made to Bitcoin.com accounts.

The VERSE token volition besides spearhead initiatives to accelerate maturation and innovation done the Verse Development Fund. The fund, led by Lizzie Eng volition supply a pipeline of resources for DApps integrating with the ecosystem and incubate token projects done the Bitcoin.com launchpad service, unrecorded successful 2023.

The Verse nationalist token merchantability is not disposable successful the United States, Japan, oregon other restricted jurisdictions. Visit getverse.com for much details connected registration and restrictions.

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