Crypto Industry Leader Bitcoin.com Secures $33.6 Million in VERSE Token Private Sale

Leading Crypto Industry Bitcoin.com Secures $33.6M in VERSE Token Private Sale – Bitcoin Promoted News

On Wednesday, the leading cryptocurrency maker Bitcoin.com announced that it has concluded a private sale of its VERSE token and raised $33.6 million from strategic investors. VERSE aims to enhance the growing Bitcoin.com infrastructure by providing a benefit token that rewards users for contributing to the Bitcoin.com ecosystem.

Bitcoin.com token sale raises $33.6M

This week, Bitcoin.com revealed that it has completed a private sale of its VERSE token, raising $33.6 million from participating investors. For over seven years, Bitcoin.com has been an industry leader when it comes to blockchain technology and cryptocurrency solutions. Bitcoin.com provides cryptocurrency exchange services, educational resources, non-custodial wallet, and news. VERSE aims to fuel the company’s growth by rewarding VERSE users for participating in the myriad of services offered by Bitcoin.com. The perks include rewarding the crypto community with VERSE for things like buying, selling and exchanging digital assets.

Crypto Industry Pioneer Bitcoin.com Secures $33.6M in VERSE Token Private Sale
Learn more about VERSE at getverse.com.

VERSE will be released this summer as an Ethereum-based token (ERC20) with cross-chain compatibility. Recently, Bitcoin.com revealed the introductory web portal getverse.com and VERSE white paper giving the crypto community details about the launch of VERSE. On May 5, 2022, Bitcoin.com announced that it had completed a private token sale, raising $33.6 million from companies such as Digital Strategies, Blockchain.com, Kucoin Ventures, Redwood City Ventures, 4SV, and Boostx Ventures.

Moreover, famous crypto pioneers and influencers such as Jihan Wu, Roger Ver and David Wachsman participated in the VERSE private sale. Dennis Jarvis, CEO of Bitcoin.com, explained in a statement that the token will add a significant amount of utility and value to the company’s many fine-tuned crypto services. Jarvis further clarified that the public sale of the VERSE token will occur this summer.

“Since 2015, Bitcoin.com has been a pioneer in introducing newcomers to crypto and guiding them throughout their crypto journey. To date, we have built an amazing suite of products and services with over 4 million monthly active users,” Jarvis said after the private sale ended. and 30 million self-custodial wallets created.” “Today, we are proud to announce VERSE, a utility and reward token for everyone who participates in the Bitcoin.com Verse off-the-shelf ecosystem.”

The Bitcoin.com CEO added:

VERSE is user centric and adds tremendous value across our suite of crypto products and services including the Bitcoin.com Self-Wallet App, Bitcoin.com Exchange, Verse DEX, Bitcoin.com News, and our upcoming crypto-enabled discount card. We are also very excited to announce the public token sale of Verse, which is set to begin in June.

Kucoin Ventures Exec says the next wave of crypto growth will be led by strong global brands

VERSE tokens are similar to the likes of crypto utility tokens such as BNB, CRO or FTT. In the Bitcoin.com ecosystem, VERSE users will gain benefit from things like cropping on the Verse DEX, trading via the Bitcoin.com Exchange, installing tokens into contracts, and earning VERSE from a variety of existing Bitcoin.com services.

Justin Chu, chief investment officer at Kucoin Ventures, believes that the cryptocurrency industry will be boosted by well-known and trusted brands. “The next wave of growth in crypto will be led by powerful global brands that are making real-world products for millions of people,” Zhou said in a statement. “Bitcoin.com will accelerate the development of products and partnerships that expand their reach globally.”

In addition to the recent private sale, a public sale is scheduled for June 2022 and 12,600,000,000 VERSE tokens will be available. Bitcoin.com will release the Bitcoin.com Verse Launchpad, which will provide visitors with information about the public sale, and allow people to buy VERSE. The getverse.com website offers a subscription form for updates on the public sale and other information regarding the VERSE token and ecosystem.

Tags in this story

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What do you think about Bitcoin.com completing the sale of a private VERSE token for $33.6 million? Tell us what you think about it in the comments section below.

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