Bitcoin.com has completed a $33.6 million private sale of its new VERSE token

Bitcoin.com announced today that it has completed a private sale of $33.6 million for the Bitcoin.com VERSE token.

With the participation of Digital Strategies, KuCoin Ventures, Blockchain.com, ViaBTC Capital, Redwood City Ventures, 4SV and BoostX Ventures, select thought leaders and individual influencers, including Roger Ver, Jihan Wu and David Wachsman.

Verse will expand the Bitcoin.com ecosystem of cryptocurrency products and services, connecting the utility and reward features of VERSE token with every step of the crypto journey for everyday people.

Since 2015, Bitcoin.com has been a pioneer in introducing new entrants to cryptocurrency and guiding them on their crypto journey. To date, we have built an amazing suite of products and services with over four million monthly active users and 30 million self-monitoring wallets created. “

“Today, we are proud to announce VERSE, a ready-to-use utility and token reward for all participants in the Bitcoin.com Verse ecosystem,” said Dennis Jarvis, CEO of Bitcoin.com.

“VERSE is user centric and adds tremendous value across its suite of crypto products and services, including the Bitcoin.com self-wallet app, Bitcoin.com Exchange, Verse DEX, Bitcoin.com News, and the next-enabled cryptocurrency.”

“We are also very excited to announce the public token sale of Verse, which is expected to begin in June.”

VERSE, which will be minted for the first time this summer as an Ethereum token (ERC-20), is largely comparable to CRO, BNB, and FTT, the utility and reward offerings of Crypto.com, Binance, and FTX, respectively.

Some of the features of VERSE can also be compared to the original tokens of CeFi platforms such as Nexo and Celsius, as well as tokens of representative decentralized trading protocols such as Uniswap and TraderJoe.

Eric Weiss, Managing Partner, Digital Strategies: “In our view, the utility of the Verse token in combination with the Bitcoin.com brand and wide range of tools will create a strong moat for its ecosystem. We are pleased to be part of this journey with Bitcoin.com and Verse.”

Justin Chu, Chief Investment Officer, KuCoin Ventures: “The next wave of crypto growth will be driven by strong global brands that are making real products for millions of people. Bitcoin.com will accelerate product development and partnerships that expand their reach globally.”

Public sale of the verse soon

Verse’s public token sale is scheduled to begin in June 2022. Six percent of Verse’s total supply (12,600,000,000 VERSE) will be sold. The sale will take place as the first launch of the new Bitcoin.com Verse Launchpad token project, which will be released simultaneously.

Interested parties can learn more about the public sale and sign up for updates at getverse.com.

Information about Bitcoin.com and verse

Bitcoin.com builds products that give everyday people access to a vast world of opportunities to generate limitless personal prosperity.

Since 2015, it has been a world leader in introducing newcomers to cryptocurrency, with accessible educational materials, objective and timely news, easy-to-use and fully self-guarded products to buy, spend, trade, invest and earn.

VERSE is a rewarding and beneficial token for those of us who contribute and participate in the Bitcoin.com ecosystem. More details, including the Verse technical document, can be found on the Verse website.

Verse already has over 25,000 attendees combined in its vibrant Telegram and Discord communities. Verse will be available in early summer 2022, after the Verse token’s public sale ends.

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