Bitcoin․com Joins Chainlink BUILD to Boost Adoption of VERSE Ecosystem dApps

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 joined the Chainlink BUILD program to assistance accelerate the adoption of VERSE ecosystem dApps and person accrued method enactment for Chainlink’s time-tested Web3 services—which see verifiable randomness, decentralized terms data, and reliable astute declaration automation.

What Is VERSE?

With implicit 35 cardinal wallets created and much than 5 cardinal progressive users, Bitcoin.com has played a starring relation since 2015 successful onboarding millions of newcomers to Bitcoin, cryptocurrency, and the larger Web3 industry. A trusted brand, Bitcoin.com acts arsenic the archetypal touchpoint for newcomers to safely interact with and larn astir this paradigm-shifting technology.

Verse is the adjacent measurement successful Bitcoin.com’s ngo to found blockchain arsenic an integral constituent of nine towards the extremity of creating much economical state successful the world. The VERSE token, presently connected merchantability astatine getverse.com volition supply inferior successful Bitcoin.com’s ecosystem portion besides acting arsenic a rewards mechanics to promote affirmative actions specified arsenic self-custodying assets. VERSE besides refers to an ecosystem of decentralized applications (DApps) that volition usher millions of radical connected their travel beyond Bitcoin, including into decentralized concern (DeFi), 1 of the fastest-growing verticals successful Web3 today.

Why We Joined Chainlink BUILD

Bitcoin.com joined BUILD to maximize the benefits of information and reliability that Chainlink’s oracle infrastructure provides and to assistance accelerate the adoption of the VERSE ecosystem.

As portion of BUILD, Bitcoin.com volition person cardinal benefits, including entree to and integration of on-chain terms information done Chainlink Price Feeds, a verifiable random fig generator done Chainlink VRF, and decentralized astute declaration automation done Chainlink Automation. These proven services volition enactment arsenic captious infrastructure for the Bitcoin.com Verse ecosystem. Bitcoin.com volition besides person entree to caller Chainlink merchandise alpha and beta releases and accrued method support, among different benefits.

In speech for these services, Bitcoin.com volition marque aggregate percent points of the VERSE token proviso disposable to Chainlink work providers, including stakers, implicit time. These mutually aligned economical incentives alteration some the Bitcoin.com and Chainlink communities to enactment 1 another.

How Chainlink Services Help Power the VERSE Ecosystem

Built connected Ethereum but with a absorption connected expanding into low-fee EVM chains, Verse’s DApp ecosystem volition footwear disconnected with the multichain Verse DEX and grow to integrate a scope of DApps, immoderate of which volition beryllium incubated by the Verse Development Fund.

“We’ve chosen to usage Chainlink arsenic our preferred oracle solution crossed Verse’s DApp ecosystem due to the fact that the Chainlink Network has proven clip and clip again that it is the astir reliable and unafraid oracle solution successful Web3, “ said Bitcoin.com CEO Dennis Jarvis. “Bitcoin.com is the superior gateway for Web3 newcomers, and leveraging Chainlink services helps guarantee they person the champion acquisition imaginable portion navigating the galore breathtaking usage cases successful decentralized finance.”

“We’re pleased to invited Bitcoin.com and the VERSE ecosystem into Chainlink BUILD. With the enactment of Chainlink’s unafraid and reliable oracle services and accrued alignment with the Chainlink ecosystem, VERSE tin physique next-generation decentralized concern applications that accelerate the gait of Web3 adoption.”—Johann Eid, VP of Go-to-Market astatine Chainlink Labs.

About Chainlink

Chainlink is the industry-standard Web3 services level that has enabled trillions of dollars successful transaction measurement crossed DeFi, insurance, gaming, NFTs, and different large industries. As the starring decentralized oracle network, Chainlink enables developers to physique feature-rich Web3 applications with seamless entree to real-world information and off-chain computation crossed immoderate blockchain and provides planetary enterprises with a cosmopolitan gateway to each blockchains.

Learn much astir Chainlink by visiting chain.link oregon speechmaking the developer documentation astatine docs.chain.link. To sermon an integration, reach retired to an expert.

About 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.

The VERSE token volition motorboat pursuing the decision of the Verse token sale, which ends connected Nov 30.

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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