Press Release
Bitcoin.com, a digital ecosystem and secure self-management platform that allows users to safely and easily operate cryptocurrencies and digital assets, completes pre-sale of reward and utility token VERSE announced. 16% of the total supply was purchased with his $50 million.
Bitcoin.com is also a decentralized exchange Verse DEX
“Despite a severe bear market, the successful Verse token sale is a testament to the quality of Bitcoin.comecosystem tokens. said Dennis Jarvis, CEO of Bitcoin.com. “By helping millions of people participate in Bitcoin and decentralized finance, Verse is the mission of Bitcoin.comto help the economy grow. There is no doubt that it creates social freedom, and they can take advantage of the advantages made possible by self-control, transparency, and resistance to censorship.”
VERSE Tokens provide utility in the Bitcoin.comecosystem. This includes over 35 million self-custody wallets created with multi-chain DeFi-enabled mobile apps and an award-winning news portal with over 2.5 million monthly readers.
Verse also serves as a reward mechanism that encourages positive behavior such as asset self-management. For example, the Bitcoin.com team launched the CEX education program in November and Rewarding those who have done so by bankrupting centralized crypto companies while encouraging the adoption of decentralized finance and self-management. 5% of the total supply of VERSE tokens will be dedicated to this program.
Verse is also a decentralized financial platform that leads millions on their journey beyond Bitcoin, including one of the fastest growing decentralized finance (DeFi). It refers to an ecosystem of type applications (DApps). Web3 industries today. In that regard, the Bitcoin.com team launched the Verse Development Fund to drive growth and innovation. Accelerate. The economy ofBitcoin.comin the Verse ecosystem of Bitcoin.comthe spirit of social freedom and democratized finance. 34% of the VERSE token supply will be allocated to the Verse Development Fund, with tokens provided to the fund linearly block by block over his seven years.
Developers contributing to Verse through programs enabled by the Verse Development Fund will: Bitcoin.com partnerships with industry-standard Web3 services platforms.
Bitcoin.com’s VERSE Token Presale Other strategic buyers include Digital Strategy, Blockchain included. com, Kucoin Ventures, Redwood City Ventures, Boostx Ventures, and Poly Network.
Dennis Jarvis of Bitcoin.com added: Ultimately this means that people have more opportunities to benefit from the power of decentralized finance.
Image Credits: Shutterstock, Pixabay, Wiki Commons
