Bitcoin․com Expands Access to DeFi With Public Sale of Ecosystem Utility Token VERSE – Press release Bitcoin News

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Whitelisted People for the Sale Will Be Capable of Buy VERSE Tokens Utilizing BTC, BCH, ETH and USDT/USDC.

November 1, 2022 Bitcoin.com, a digital ecosystem and safe self-custody platform the place customers can safely and simply work together with cryptocurrencies and digital belongings, has introduced that the general public sale of the VERSE utility token is now stay. VERSE will reward members for purchasing, promoting, storing, utilizing, and studying about cryptocurrency, whereas supporting those that are searching for accessible onboarding into Bitcoin and DeFi.

VERSE will gasoline the expansion and growth of Bitcoin.com’s ecosystem, which incorporates over 35 million self-custody wallets created in its multi-chain DeFi-ready cellular app, and an award-winning information portal with over 2.5 million month-to-month readers. VERSE will present entry to unique platform companies and act because the cornerstone for brand spanking new initiatives, finally increasing entry to decentralized applied sciences and finance. By interacting with the Verse DEX, staking VERSE, receiving money again in VERSE, and utilizing the VERSE token as collateral in numerous lending swimming pools, Bitcoin.com’s thousands and thousands of customers will be capable to take full benefit of their time spent partaking with the platform.

“We’re formally coming into a brand new period of Bitcoin.com with the general public sale of VERSE. Our crew strongly believes in Verse’s mission to reinforce financial independence by its utility, ecosystem rewards and low-barrier-to-entry options supplied on a safe, reliable platform,” mentioned Dennis Jarvis, CEO of Bitcoin.com. “It’s with Verse that Bitcoin.com will proceed to offer not solely crypto-newcomers, but additionally crypto-natives, with the assets, instruments, and expertise wanted to usher within the subsequent cycle of mass DeFi adoption.”

Two p.c of the 210 billion mounted token provide is up for grabs within the public sale. Tokens will start unlocking from day one and proceed on a linear vesting schedule over 18 months. The general public sale follows the VERSE Sale A, a personal sale, accomplished in Could 2022, the place 10% of the overall VERSE provide was bought in alternate for $33.6 million. As the general public sale is dynamically priced, consumers might safe a value per token that’s lower than that paid by consumers within the personal sale. The sale will run for 30 days or till the comfortable cap is reached. Learn extra in regards to the Verse token sale’s dynamic pricing here.

As a cross-chain token appropriate with the ERC-20 normal and with a concentrate on increasing into low-fee chains, VERSE will present worth to these interacting with the Verse DEX, Ethereum blockchain, and broader DeFi ecosystem. The general public sale of VERSE compliments thrilling progress within the Bitcoin.com ecosystem, corresponding to improvement of a crypto-backed debit card that may pay money again in VERSE, integrations with Avalanche, a partnership with Coinbase Cloud for multi-chain connectivity, the official launch of the Verse Growth Fund, NFT-collectibles, and safety and accessibility upgrades made to Bitcoin.com accounts.

The VERSE token can even spearhead initiatives to speed up development and innovation by the Verse Growth Fund. The fund, led by Lizzie Eng will present a pipeline of assets for DApps integrating with the ecosystem and incubate token tasks by the Bitcoin.com launchpad service, stay in 2023.

The Verse public token sale just isn’t accessible in the US, Japan, or different restricted jurisdictions. Go to getverse.com for extra particulars on registration and restrictions.

 

 

 

Bitcoin.com

Since 2015, Bitcoin.com has been a world chief in introducing newcomers to crypto. That includes accessible instructional supplies, well timed and goal information, and intuitive self-custodial merchandise, we make it simple for anybody to purchase, spend, commerce, make investments, earn, and keep up-to-date on cryptocurrency and the way forward for finance.

Picture Credit: Shutterstock, Pixabay, Wiki Commons



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