News

Bitcoin.com Completes VERSE $50 Million Token Pre-Sale

Bitcoin.com completes VERSE 50 million token pre-sale, representing 16% of the total token supply, with strategic buyers including Digital Strategies, Blockchain.com, Kucoin Ventures, and others.
Source: Bitcoin.com

Bitcoin.com also announced the commencement of VERSE trading on its decentralized exchange, the Verse DEX, on December 8 at 00:30 UTC. The initial listing price per VERSE will be $0.0015.

Bitcoin.com CEO Dennis Jarvis stated:

“The success of the Verse token sale despite severe bear market conditions is a testament to the quality of Bitcoin․com’s ecosystem token.

I have no doubt that Verse will supercharge Bitcoin.com’s mission to create economic freedom by helping to onboard millions more people to Bitcoin and decentralized finance where they can take advantage of the benefits enabled by self-custody, transparency, and censorship resistance.”

The VERSE token will be useful in the Bitcoin.com ecosystem, which includes over 35 million self-custody wallets established via its multi-chain DeFi-ready mobile app, as well as an award-winning news portal with over 2.5 million monthly users.

Thanks to a collaboration between Bitcoin․com and the industry-standard Web3 services platform, developers contributing to Verse through initiatives authorized by the Verse Development Fund will have access to Chainlink’s price feeds, random number generators, and smart contract automation tools.

Bitcoin.com News is the world’s premier 24/7 news feed covering everything Bitcoin-related, including the world economy, exchange rates, and money politics.

Since 2015, it has been a global leader in introducing newcomers to crypto. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, the site makes it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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