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Registration Open for Bitcoin.com’s VERSE Token Sale

VERSE token sale Other Exchanges News
  • Bitcoin.com declares the opening of registrations for the VERSE token sale.
  • The token sale is set to begin in the latter part of June 2022.
  • VERSE is the utility token for those who participate in the Bitcoin.com ecosystem.

Bitcoin.com has announced that registrations are now open for the VERSE token sale. The token sale is scheduled to begin in the latter part of June 2022. Interested parties who register can participate in the token sale immediately upon launch.

Dennis Jarvis, the CEO of Bitcoin.com, remarked that they were honored to see such outspoken support during their first token sale round. He continued to add that they could not be more excited about bringing the second token sale to the public and providing more people with access to VERSE.

This new utility token marks a crucial milestone for the Bitcoin.com ecosystem. It will enable us to enhance the mainstream appeal of cryptocurrency and blockchain through our buy/sell services, news coverage, and educational tools.

VERSE is the rewards and utility token distributed to holders who participate in the Bitcoin.com ecosystem. Bitcoin.com is a popular cryptocurrency platform, and its 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 cryptocurrency. Rewards will be allocated by interacting with the Verse DEX, staking VERSE, cashback paid in VERSE, and using VERSE as collateral in various lending pools. Additionally, token holders will receive access to exclusive products and services.

Notably, the VERSE supply is fixed at 210 billion tokens, distributed over seven years through a block-to-block approach. The first token sale raised $33.6 million last month.

To participate in the upcoming VERSE token sale, interested parties need to register on the Verse website. Reportedly, they will be informed first when the VERSE token sale is live. Registrants need an Ethereum wallet, such as the Bitcoin.com wallet, to receive the VERSE tokens. Payment for the token sale is possible with Bitcoin, Bitcoin Cash, Ethereum, USDT, and USDC.

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Shylin is a technical writer who has worked, for several years, in the business and consulting space. She is completely in awe of and ever-intrigued by technology. An avid reader and active member of several creative writer groups, she spends most of her time writing or thinking about writing.