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 property, has introduced that the general public sale of the VERSE utility token is now reside. VERSE will reward individuals for getting, promoting, storing, utilizing, and studying about cryptocurrency, whereas supporting those that are in search of accessible onboarding into Bitcoin and DeFi.
VERSE will gas 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 varied lending swimming pools, Bitcoin.com’s tens of millions of customers will be capable to take full benefit of their time spent partaking with the platform.
“We’re formally getting into a brand new period of Bitcoin.com with the general public sale of VERSE. Our group strongly believes in Verse’s mission to boost financial independence via its utility, ecosystem rewards and low-barrier-to-entry options provided on a safe, reliable platform,” stated 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 sources, instruments, and expertise wanted to usher within the subsequent cycle of mass DeFi adoption.”
Two p.c of the 210 billion fastened 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 non-public sale, accomplished in Could 2022, the place 10% of the whole VERSE provide was bought in trade for $33.6 million. As the general public sale is dynamically priced, patrons could safe a value per token that’s lower than that paid by patrons within the non-public 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 right here.
As a cross-chain token suitable with the ERC-20 normal and with a deal with 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, reminiscent of improvement of a crypto-backed debit card that can 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 may even spearhead initiatives to speed up progress and innovation via the Verse Growth Fund. The fund, led by Lizzie Eng will present a pipeline of sources for DApps integrating with the ecosystem and incubate token tasks via the Bitcoin.com launchpad service, reside 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.
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