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IPFS News Link • Cyberspace and the New Economy

Bitcoin.com Announces Public Sale of VERSE Ecosystem Token

• https://news.bitcoin.com, PRESS RELEASE

Verse will support people onboarding into Bitcoin and DeFi by rewarding them for buying, selling, storing, using, and learning about cryptocurrency.

Since 2015, Bitcoin.com has been creating opportunities for financial independence on a global scale through its suite of resources, including the Bitcoin.com news site, educational resources, and its low-barrier-to-entry wallet. Through Sale B, Bitcoin.com's millions of users are able to take full advantage of their time spent engaging with the platform. Rewards will be allocated by interacting with the Verse DEX, staking VERSE, cash back paid in VERSE, and using the VERSE token as collateral in various lending pools. Bitcoin.com plans to release airdrops to spread awareness about Verse and entice current users and newcomers alike to be more involved in DeFi.

"The public sale of VERSE signifies a milestone for the Bitcoin.com ecosystem and allows us to reach a new audience, especially those who want to journey through their first token sale with ease, simplicity, and a trustworthy platform," said Dennis Jarvis, CEO of Bitcoin.com. "The crypto community is on the cusp of defining the next wave of economic freedom, and Bitcoin.com looks forward to ushering in a new generation of financially independent users through the Verse ecosystem."

The VERSE token supply is fixed at 210 billion, and will be distributed over the course of seven years. Sale B follows the VERSE private sale, which was completed in May 2022, and sold 10% of the total VERSE supply in exchange for $33.6 million.


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