Press release
Registrations are now open for the VERSE Token Sale, which will begin in the later part of June 2022. Interested parties who register can participate in the token sale immediately after launch.
Miami, Florida – May 23, 2022 – VERSE is a reward and utility token distributed to holders participating in the Bitcoin.com ecosystem. Bitcoin.com is a global leader in introducing newcomers to cryptocurrency and is the most popular platform for educational resources, news, and more. 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 cryptocurrencies. Rewards will be allocated by negotiating with Word Dex, betting VERSE, cashback paid in VERSE and using VERSE as collateral in various lending pools. Additionally, token holders will have access to exclusive products and services.
VERSE is a cross-chain token on the Ethereum blockchain using the ERC-20 token standard. The Versus team will actively explore opportunities to expand the token to a low-fee Ethereum Virtual Machine-compatible network to provide an optimal user experience.
The supply of VERSE is fixed at 210 billion tokens, distributed over seven years through a block-to-block approach. Another breakdown looks like this:
- 10% sold during sale A (completed in May 2022)
- 6% on sale during Sale B (coming in June 2022)
- 15% allocated to the team
- 35% set aside for ecosystem promotion
- 34% will be used to finance the future development of Verse and its ecosystem
The first token sale last month raised $33.6 million from notable market participants such as Blockchain.com, Kucoin and Digital Strategies, as well as thought leaders such as Roger Ver, Jihan Wu, and David Wachsman.
“We are honored to see such vocal support during our first token sale round. Plus, we couldn’t be more excited about bringing our second token sale to the public and giving more people access to VERSE. This new utility token is an important milestone for the Bitcoin.com ecosystem. Dennis Jarvis, CEO of Bitcoin.com, said, “It will allow us to drive the mainstreaming of cryptocurrency and blockchain through our buy/sell services, news coverage and educational tools. will enable it to increase the appeal of
In order to participate in the upcoming VERSE token sale, interested parties need to register on verse website, They will be the first to know when the VERSE token sale will go live.
Registrants require an Ethereum wallet – such as Bitcoin.com Wallet – To get the VERSE token. Payment for token sales is possible with Bitcoin, Bitcoin Cash, Ethereum, USDT and USDC.
The Verse community already counts over twenty-five thousand participants in Telegram and Discord combined. The VERSE token will be minted after the conclusion of the Verse public sale in July.
The VERSE Token Sale is not available to US buyers.
image credit: Shutterstock, Pixabay, WikiCommons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation or recommendation or endorsement of an offer to buy or sell any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the Company nor the author is responsible, directly or indirectly, for any damage or loss alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in this article.