Miami, Fla., May 5, 2022 – As Bitcoin.com announced today, the private advance sale of the proprietary VERSE token has been completed with a total investment of $ 33.6 million. Investors include investment firms Digital Strategies, KuCoin Ventures, Blockchain.com, ViaBTC Capital, Redwood City Ventures, 4SV, BoostX Ventures and select individuals such as Roger Ver, Jihan Wu and David Wachsman.
With Verse, Bitcoin.com’s ecosystem of crypto-investment products is an important step forward, as the usage and reward features of VERSE cryptocurrency are intended to be a versatile tool for private investors for all facets of cryptocurrency trading.
“Since 2015, Bitcoin.com has been a leader in attracting new crypto investors to the market and helping them get started with crypto trading. Since then, we have developed a broad portfolio of interesting products and services, numbering more than 4 million monthly active users and 30 million self-managed wallets. We are proud to announce today our new cryptocurrency called VERSE, which is a help and reward token for all investors who are part of the Bitcoin.com Verse ecosystem, ”said Dennis Jarvis, CEO of Bitcoin.com. He adds: “VERSE is easy to use and adds incredible value to a wide range of crypto products and services, including Bitcoin.com’s self-managed wallet, Bitcoin.com’s trading platform, Verse’s decentralized trading platform (DEX), Bitcoin.com News and our crypto payment cards “In addition, we are pleased to announce the public token sale of Verse, which begins in June.”
The cryptocurrency VERSE, which is scheduled to be mined this summer as an Ethereum token according to the ERC-20 standard, can be compared with the cryptocurrencies CRO, BNB and FTT, which are the proprietary cryptocurrencies on the crypto exchanges Crypto.com, Binance and FTX assume respectively, varied roles on these. However, some features of VERSE are more comparable to tokens on centralized platforms such as Nexo and Celsius, while others are more comparable to tokens on decentralized platforms such as Uniswap and TraderJoe.
Eric Weiss, partner at Digital Strategies: “We believe that the versatility of the Verse cryptocurrency, combined with the Bitcoin.com brand and the platform’s many different services, will be a great addition to its own ecosystem. We are excited to be a part of this exciting journey for Bitcoin.com and Verse. ”
Justin Chou, Chief Investment Officer, KuCoin Ventures: “The next phase of growth in the crypto industry will be driven by large global brands creating practical financial products for the masses. Bitcoin.com will be at the forefront of developing such products and will gradually expand its reach worldwide through new partnerships.”
Public sale of VERSE imminent
Public token sale of verses is scheduled for June 2022. A total of 6% of the cryptocurrency’s available circulation volume, i.e. 12,600,000,000 VERSES, will be sold. The sale will be the very first project ever to be handled via Bitcoin.com’s new Verse Launchpad, which will also be launched at the same time. Interested parties can get further information and register for the sale in advance at: getverse.com
About Bitcoin.com and Vers
Bitcoin.com develops cryptocurrency products that also allow average investors to build personal wealth and participate in the market. Since 2015, Bitcoin.com has been one of the leaders in bringing new investors into the cryptocurrency market by providing educational knowledge, daily news and simply useful self-managed services for buying and trading cryptocurrencies.
VERSE is a rewards and benefits token that enables crypto users to participate in all aspects of the Bitcoin.com ecosystem. More details about the proprietary cryptocurrency can be found in the accompanying White Paper, which can be viewed on Verse’s official website. Verse already has more than 25,000 users already bustling around in lively communities on Telegram and Discord. The verse will be available in the summer of 2022 after the public token sale is held in June.
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