Crypto Industry Leader Bitcoin.com Secures $33.6 Million in VERSE Token Private Sale

On Wednesday, the starring crypto manufacture firm, Bitcoin.com, announced it has concluded a backstage merchantability of its VERSE token and secured $33,600,000 from strategical investors. VERSE is meant to bolster Bitcoin.com’s increasing infrastructure by providing a inferior token that rewards users for contributing to the Bitcoin.com ecosystem.

Bitcoin.com’s Private Token Sale Raises $33.6 Million

This week, Bitcoin.com revealed that it has completed a backstage merchantability of its VERSE token and raised $33.6 cardinal from participating investors. For implicit 7 years, Bitcoin.com has been an manufacture person erstwhile it comes to blockchain exertion and cryptocurrency solutions. Bitcoin.com provides crypto exchange services, educational resources, a non-custodial wallet, and news. VERSE is meant to heighten the company’s maturation by rewarding VERSE users for participating successful the myriad services Bitcoin.com has to offer. Perks see rewarding the crypto assemblage with VERSE for things similar buying, selling, and swapping integer assets.

Learn much astir VERSE astatine getverse.com.

VERSE volition beryllium released this summertime arsenic an Ethereum-based (ERC20) token with cross-chain compatibility. Just recently, Bitcoin.com revealed the introductory web portal getverse.com and VERSE achromatic paper, successful bid to springiness the crypto assemblage details astir the VERSE launch. On May 5, 2022, Bitcoin.com announced that it completed a backstage token merchantability and raised $33.6 cardinal from firms similar Digital Strategies, Blockchain.com, Kucoin Ventures, Redwood City Ventures, 4SV, and Boostx Ventures.

Furthermore, well-known crypto pioneers and influencers specified arsenic Jihan Wu, Roger Ver, and David Wachsman participated successful the backstage VERSE sale. Dennis Jarvis, Bitcoin.com’s CEO, explained successful a connection that the token volition adhd a important magnitude of inferior and worth to the firm’s aggregate finely-tuned crypto services. Jarvis further explained that the VERSE token nationalist merchantability volition instrumentality spot this summer.

“Since 2015, Bitcoin.com has been a person successful introducing newcomers to crypto and guiding them on their crypto journey. So acold we’ve built an unthinkable portfolio of products and services that number much than 4 cardinal monthly progressive users and 30 cardinal self-custody wallets created,” Jarvis said aft the backstage merchantability concluded. “Today, we’re arrogant to denote VERSE, a utility, and rewards token for everyone who participates successful the ready-built Bitcoin.com Verse ecosystem.”

Bitcoin.com’s CEO added:

VERSE is user-centric and adds tremendous worth crossed our scope of crypto products and services including the Bitcoin.com self-custody wallet app, the Bitcoin.com Exchange, the Verse DEX, Bitcoin.com News, and our upcoming crypto-enabled debit card. We’re besides highly excited to denote the Verse nationalist token sale, which is scheduled to statesman successful June.

Kucoin Ventures Exec Says ‘Next Wave of Growth successful Crypto Will Be Led by Strong Global Brands’

VERSE tokens are akin to the likes of crypto inferior tokens specified arsenic BNB, CRO, oregon FTT. In the Bitcoin.com ecosystem, VERSE users volition summation inferior from things similar output farming connected the Verse DEX, trading via the Bitcoin.com Exchange, staking tokens successful contracts, and earning VERSE from a assortment of Bitcoin.com’s existent services.

Justin Chou, the main concern serviceman astatine Kucoin Ventures, believes the crypto manufacture volition beryllium bolstered by well-known and reliable brands. “The adjacent question of maturation successful crypto volition beryllium led by beardown planetary brands that make real-world products for millions of people,” Chou said successful a statement. “Bitcoin.com volition accelerate the improvement of products and partnerships that grow their scope globally.”

In summation to the caller backstage sale, the nationalist merchantability is scheduled for June 2022 and 12,600,000,000 VERSE tokens volition beryllium available. Bitcoin.com volition merchandise the Bitcoin.com Verse Launchpad, which volition springiness visitors accusation astir the nationalist sale, and let radical to acquisition VERSE. The getverse.com website offers a signup signifier for updates astir the nationalist merchantability and different accusation related to the VERSE token and ecosystem.

What bash you deliberation astir Bitcoin.com completing a backstage VERSE token merchantability for $33.6 million? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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