Press Release
Bitcoin.com has added support for its smart contract platform, Avalanche added to its self-custodian web3 wallet. With the addition of Avalanche to the multi-chain, the addition of theBitcoin.com wallet means that millions of users of the wallet can now buy, sell, send, receive, and manage $AVAX. Users can also trade tokens on the Avalanche network and interact directly with hundreds of distributed apps (DApps) hosted on the high throughput Ethereum Virtual Machine (EVM) compatible network, and use cases such as lending, prediction markets, and synthetic assets are Enables.
“The potential for decentralized finance to create economic freedom is enormous, but to realize that potential, access must be democratized. And to do that, it is essential to provide a low-fee environment.” Bitcoin.com CEO Dennis Jarvis.
Bitcoin.com ‘s support for Avalanche is also motivated by the development of its ecosystem token $VERSE, which enables small and frequent transactions related to the token’s utility and reward features A low-cost smart contract platform is needed to allow for the development of $VERSE, which will launch on Ethereum but will be bridged to Avalanche.
Strategic investors purchased $33.6 million in a private sale of $VERSE tokens in May. Registration for the public sale is now open at Registration is now open at getverse.com .
About Avalanche.
Avalanche is the fastest smart contract platform in the blockchain industry as measured by time-to-finality and has the most validators vouching for its activity of any proof-of-stake protocol. Avalanche is extremely fast, low cost, and environmentally friendly. Any application that supports smart contracts can outperform its competitors by deploying on Avalanche. Don’t believe it? Try Avalanche today.
Image credits: Shutterstock, Pixabay, Wiki Commons