One of the top factors hindering the mass adoption of cryptocurrency and blockchain is ignorance. There's so much to be done in the aspect of crypto education. Some persons do not have access to the right information about crypto, hence, cannot figure the import of cryptocurrency and blockchain technology in a fast growing world like ours. Thanks to Bitcoin.com alongside other crypto communities/project for prioritizing giving correct crypto information to the masses across their several fronts.
Besides the trust earned by millions of crypto enthusiasts, as a crypto wallet and market to buy, sell, spend, swap, invest listed tokens, Bitcoin.com is committed to informing the public about crypto covering recent activities, new projects and guide contents to newbies in the cryptoverse. In a recent tweet, Dennis Jarvis, Bitcoin.com CEO, stated that “the potential of decentralized finance to create economic freedom is vast, but to realize that potential, we need to democratize access."
As the Bitcoin.com community/ecosystem continues to grow in delivering crypto education, wallets and markets, its team sees the need to provide a low-fee environment, hence, the creation of $VERSE as its native ecosystem token to aid small and frequent transactions and as a reward token in the Bitcoin.com ecosystem.
Bitcoin.com is designing and will soon be launching Verse as the rewards and utility token for the Bitcoin.com ecosystem as well as the world's gateway to DeFi. That's a huge acclamation for the $VERSE token designed to be one of the tool in the Bitcoin.com ecosystem that will help in the actualization of its mission of of creating more economic freedom in the world.
According to the Verse whitepaper, Bitcoin.com seeks to utilize its wide audience of nearly five million monthly active users, coupled with 29 million wallets created to launch a mechanism to reward the community loyalty. All users that utilize the several apps/platforms of Bitcpin.com for buying, selling, spending, swapping, investing, and staying informed about crypto will be rewarded with $VERSE. This is expected to grow participation in the Bitcoin.com ecosystem.
VERSE utility Table - Whitepaper, p6
The utility and reward features of $VERSE is closely comparable to the utility and rewards tokens for the Crypto.com ecosystem (CRO), Binance ecosystem (BNB), FTX ecosystem (FTT) denoted as Group 1 in Utility Table above. VERSE is also designed to function like the native tokens of decentralized protocols such as Uniswap (UNI) and TraderJoe(JOE) denoted as Group 2 in Utility Table above. The dual face feature of VERSE mirroring cryptos on CEXes and DEXes hints the possibility of being a unique asset.
Singups for Verse token sales is ongoing here and we hope to see the roadmap roll out sooner. VERSE will be a ERC-20 and SEP-20 token with 210 billion supply and a 7-year emission schedule. it's crucial to keep a tab on $VERSE as it promises to be a world's gateway to DeFi. With the numbers that Bitcoin.com frontends are pooling, the demand for VERSE would likely be high and that could result in a favourable and profitable pricing for early buyers.
It's a new and growing world where traditional means of earning has been disrupted. Getting reward for community participation for even personalized activities like learning is getting rewarded across the crypto verse and here's Bitcoin.com with an added option. Let's ride!
All Images are taken/screenshot from Bitcoin.com sites
More about Bitcoin.com
Bitcoin.com presents you the tools and information you need to buy, sell, trade, invest, and spend Bitcoin and other cryptocurrencies. It is one reliable crypto information outfit as well as a wallet for cryptocurrencies. The use of the #bitcoincom tag would feed your post to the Bitcoin.com community page.
- Website: https://www.bitcoin.com/
- News: https://news.bitcoin.com/
- Twitter: https://twitter.com/bitcoincom
- Instagram: https://www.instagram.com/bitcoin.com_official/
- Whitepaper: https://www.getverse.com/verse-whitepaper.pdf
- Community page on LeoFinance: https://leofinance.io/communities/bitcoincom
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