press release
Registrations are now open for the VERSE token sale, which will begin in the later part of June 2022. Register now to be eligible for the token sale, which will begin immediately after launch.
Miami, Florida – May 23rd, 2022 – VERSE is the rewards and utility token distributed to holders who participate in the Bitcoin.com ecosystem. Bitcoin.com is a leader in the introduction of cryptocurrency to newcomers and is the most trusted platform for news, educational resources and other information. Bitcoin.com’s ecosystem includes 30 million wallets and more than five million monthly active users across various products and services.
The VERSE token will reward users who engage in buying, selling, spending, swapping, and staying informed about cryptocurrency. You can earn rewards by interacting with Verse DEX and staking VERSE. Cashback will also be paid in VERSE. Token holders will also have access to special products and services.
VERSE is a cross-chain token using the ERC-20 token standard on the Ethereum blockchain. Verse will explore all possible opportunities to make the token available to low-fee Ethereum Virtual Machine compatible networks in order to offer an optimal user experience.
The VERSE supply is fixed at 210 billion tokens, distributed over seven years through a block-to-block approach. A further breakdown looks as follows:
- 10% sold during Sale A (completed in May 2022)
- 6% being sold during Sale B (coming in June 2022)
- 15% allocated to the team
- 35% set aside for ecosystem incentives
- 34% will be used for funding future development of Verse and its ecosystem
The first token sale raised $33.6 million last month from notable market participants such as Blockchain.com, KuCoin, and Digital Strategies along with thought leaders like Roger Ver, Jihan Wu, and David Wachsman.
“We were honored to see such outspoken support during our first token sale round. We couldn’t be more excited to bring our second token sale to public and provide more people with VERSE. This utility token is a significant milestone in the Bitcoin.com ecosystem. It will allow us to increase the mainstream appeal cryptocurrency and blockchain through our sell/buy services, news coverage and educational tools,” said Dennis Jarvis CEO Bitcoin.com.
To participate in the upcoming VERSE token sale, interested parties need to register on the Verse website. They will be the first to learn when the VERSE token sales goes live.
Registrants need an Ethereum wallet – such as the Bitcoin.com Wallet – to receive the VERSE tokens. Payment for the token sale is possible with Bitcoin, Bitcoin Cash, Ethereum, USDT, and USDC.
The Verse community already counts over twenty-five thousand participants combined across Telegram and Discord. After the Verse public auction in July, VERSE tokens are minted.
The VERSE token sale is not available to U.S. purchasers.
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Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or in connection to the content, goods, or services discussed in this article.
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