Press release
The Bitcoin.comWe are excited to introduce Verse, a utility and rewards token that will be used by the team Bitcoin.com ecosystem.
Seit 2015 Bitcoin.comis a trustworthy gateway to Bitcoin. It provides timely, objective news content, educational materials, secure, non-custodial multicoin wallets, bridges between crypto and fiat, and more.
“With 29 million wallets created and over five million monthly active users, it is time to launch a mechanism to reward the Bitcoin.com community for buying, selling, spending, swapping, investing, and staying informed about crypto – and that mechanism is Verse,” said Bitcoin.com CEO Dennis Jarvis.
Verse will be an cross-chain token based on the ERC-20Standard with an emphasis on expansion into EVM-compliant chains that are low-fee and EVM-compatible.
Sixty-nine per cent of Verse tokens remain reserved for the community as a fund to support development and reward ecosystems. These include airdrops and staking incentives, as well as yield for liquidity providers (Verse DEX) soon to be released. The incentive tokens can be used to unlock blocks over seven years, starting from a fixed supply at 210 billion.
While the allocation and emissions schedule optimize the network effect and demand for tokens, buyback, burn, stake and other mechanisms reduce the supply, they are both designed to maximize the distribution of tokens.
Anybody can use Verse tokens to get them. Bitcoin.com’s beginner-friendly products and services. Verse token holders will be eligible to receive additional rewards and discounts at multiple levels. Verse unlocks additional utility along the user journey and creates an effective loyalty mechanism to encourage retention. Bitcoin.com ecosystem.
You can also use VERSE, or any other cryptocurrencyasset, in the Verse DEX liquidity pools to receive a portion of trading fees. Additional rewards for staking VERSE tokens and LP tokens are also available. There are many ways to make money online. Bitcoin.com’s users will not yet have had the opportunity to interact with tokens that have such utility, Verse will serve as an important onramp to Decentralized financeFor newcomers.
“By introducing more people to DeFi – where they can deploy their assets permissionlessly and benefit from a growing range of high-yield opportunities – Verse empowers us in our mission to create more economic freedom in the world,” added Jarvis.
Development of the token, and integration into Bitcoin.com’s suite of products and services already well underway, a portion of Verse tokens are reserved for sale at getverse.com. Details about the token sale will be revealed in the next weeks.
“By offering Verse in a public sale, we are providing early access to a token with broad utility while at the same time empowering people to join Bitcoin.com, a brand with universal recognition, robust fundamentals, and one of the fastest growing ecosystems in crypto.”
Disclaimer: Information presented does not necessarily constitute investment advice. VERSE tokens, utility tokens that can be used for a variety of purposes, are designed to help you. Bitcoin.com. VERSE tokens do not include shares, bonds or units in any collective investment scheme, securities, and other instruments that are commonly known to be securities. US citizens are prohibited from purchasing VERSE tokens. They are also not sold in Japan, the United States or other countries. Restricted jurisdictionsThese may include Bitcoin.comFrom time to other.
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DisclaimerInformational: This article is not intended to be a solicitation or offer to sell or buy any product, service, or company. Bitcoin.com is not a provider of investment, tax, legal or accounting advice. This article does not contain any information, products, or advice that can be used to cause or alleged result in any kind of damage.