Bitcoin.com raises $33.6 million during private sale

Many strategic investors believe that leaders and influencers contributed to Bitcoin.com’s private sale of the VERSE token. Participants include KuCoin Ventures Blcockhain.com, BoostX Ventures, Roger Ver, Jihan Wu and David Wachsman.

The Bitcoin.com team raised $33.6 million to build the Verse ecosystem and weave the Bitcoin.com ecosystem of products and services. The token provides benefit and reward features to its holders who take their next steps in their crypto journey.

“Since 2015, Bitcoin.com has been a leader 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 and 30 million people – custody wallets built.” Today, we are proud to announce VERSE, a tool and reward tokens for everyone who participates in the Bitcoin.com Verse off-the-shelf 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 Bitcoin.com Debit Card. We are also very excited about VERSE. To announce the sale of the Verse public token, which is scheduled to begin in June.”

The Verse ecosystem is powered by the VERSE token, which will be minted as an ERC-20 token on the Ethereum blockchain in the summer of 2022. It offers features found in the utility and reward tokens such as Crypto.com’s CRO and Binance’s BNB. In addition, some aspects of VERSE are similar to CeFi and DeFi platform tokens such as Nexo NEXO and TraderJoe’s JOE.

Eric Weiss, Managing Partner, Digital Strategies, said: “In our view, the benefit of the Verse token in combination with the Bitcoin.com brand and a 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, said: “The next wave of cryptocurrency growth will be led by powerful global brands creating real-world products for millions of people. Bitcoin.com will accelerate product development and partnerships that expand their reach globally.”

The public sale of VERSE token will begin in June 2022. Six percent of the total supply of VERSE – 12.6 billion VERSE – will be sold during the sale. Furthermore, the new Bitcoin.com Verse Launchpad is on sale, which will be released simultaneously. Interested users can learn more about the public sale and receive updates through getverse.com.

Bitcoin.com builds products that give ordinary people access to a vast world of opportunities to generate limitless personal prosperity. Since 2015, Bitcoin.com has been a world leader in introducing newcomers to cryptocurrency, featuring accessible educational materials, objective and timely news, and fully user-friendly, self-guarded products for buying, spending, trading, investing and earning through crypto.

VERSE is a symbol of rewards and facilities for users 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 twenty-five thousand participants combined in its vibrant Telegram and Discord communities. Verse will be available by early summer 2022, after the Verse public token sale ends.

Many strategic investors believe that leaders and influencers contributed to Bitcoin.com’s private sale of the VERSE token. Participants include KuCoin Ventures Blcockhain.com, BoostX Ventures, Roger Ver, Jihan Wu and David Wachsman.

The Bitcoin.com team raised $33.6 million to build the Verse ecosystem and weave the Bitcoin.com ecosystem of products and services. The token provides benefit and reward features to its holders who take their next steps in their crypto journey.

“Since 2015, Bitcoin.com has been a leader 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 and 30 million people – custody wallets built.” Today, we are proud to announce VERSE, a tool and reward tokens for everyone who participates in the Bitcoin.com Verse off-the-shelf 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 Bitcoin.com Debit Card. We are also very excited about VERSE. To announce the sale of the Verse public token, which is scheduled to begin in June.”

The Verse ecosystem is powered by the VERSE token, which will be minted as an ERC-20 token on the Ethereum blockchain in the summer of 2022. It offers features found in the utility and reward tokens such as Crypto.com’s CRO and Binance’s BNB. In addition, some aspects of VERSE are similar to CeFi and DeFi platform tokens such as Nexo NEXO and TraderJoe’s JOE.

Eric Weiss, Managing Partner, Digital Strategies, said: “In our view, the benefit of the Verse token in combination with the Bitcoin.com brand and a 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, said: “The next wave of cryptocurrency growth will be led by powerful global brands creating real-world products for millions of people. Bitcoin.com will accelerate product development and partnerships that expand their reach globally.”

The public sale of VERSE token will begin in June 2022. Six percent of the total supply of VERSE – 12.6 billion VERSE – will be sold during the sale. Furthermore, the new Bitcoin.com Verse Launchpad is on sale, which will be released simultaneously. Interested users can learn more about the public sale and receive updates through getverse.com.

Bitcoin.com builds products that give ordinary people access to a vast world of opportunities to generate limitless personal prosperity. Since 2015, Bitcoin.com has been a world leader in introducing newcomers to cryptocurrency, featuring accessible educational materials, objective and timely news, and fully user-friendly, self-guarded products for buying, spending, trading, investing and earning through crypto.

VERSE is a symbol of rewards and facilities for users 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 twenty-five thousand participants combined in its vibrant Telegram and Discord communities. Verse will be available by early summer 2022, after the Verse public token sale ends.

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