In June, Bitcoin.com will launch its token, VERSE. VERSE will be the utility token on Bitcoin.com, a website that offers crypto exchange services, news, and an unguarded wallet. The token is intended to enhance the growth of the company by rewarding users for using Bitcoin.com services.
What Is Verse?
Verse is a reward and utility token for Bitcoin.com. In other words, you can buy the token or you can earn it by contributing and participating in the Bitcoin.com ecosystem.
Bitcoin.com will provide a number of ways to earn VERSE on their site.
You can earn VERSE to sell, trade, buy, stake or learn about cryptocurrencies.
Verse is a cross-chain token on the Ethereum blockchain. It has a fixed supply of 210 billion tokens and will be distributed over seven years.
What to do with Verse?
VERSE is the utility token of Bitcoin.com. That means having it will give you special rewards in that ecosystem. It also serves to add liquidity to the company.
You can provide liquidity to the dex VERSE and earn rewards, buy Bitcoin.com goods, pay for press releases at a discount, earn cashback when you use your Bitcoin.com card, bet your VERSE and other uses.
In other words, having VERSE will increase your chances of earning passive income on Bitcoin.com.
How to buy Verse?
The first private sale of VERSE has already taken place. In this sale, 10% of the total token supply was distributed. The next sale will be in June 2022.
To participate in this sale, visit https://www.getverse.com/ and add your email to be notified when the whitelist opens. If you are whitelisted, you will also need to have an Ethereum address and then buy it using ETH, BTC or USDC/USDT.
A potential Airdrop
An airdrop is a common method for distributing tokens. In this method, anyone who meets the requirements set by the people behind the token will automatically receive the tokens. Airdrops can instantly create a community and reward the first adapters.
It is likely that if a VERSE airdrop occurred, it would reward people who are already using Bitcoin.com. The more involved they are in the ecosystem, the more VERSE they would get, in all likelihood.
Who should buy VERSE?
This token is suitable for anyone who has or is interested in having a Bitcoin.com account. It will give you benefits in that ecosystem and make your trading and investing experience smoother and, arguably, more profitable. If you’re not and aren’t planning to join that ecosystem, it might still be a good idea to take some VERSE! Of course, this carries the same risks as trading other cryptocurrencies, but as a new token, there are likely fairly large profit opportunities for experienced traders.