Bitcoin.com has announced the release of its Verse token. It will be distributed to customers of the site

Bitcoin.com has announced the release of its Verse token. It will be distributed to customers of the site

Bitcoin.com announced the release of its own token Verse based on ERC-20. This is reported in the documentation of the project.

The developers promise that the token will support cross-chain functionality in networks compatible with the Ethereum Virtual Machine (EVM). Specifically, Verse will be compatible with Crypto.com (CRO), Binance (BNB) and FTX (FTT) ecosystem service tokens,

“We have 29 million wallets and more than five million monthly active users. It’s time to think about how to reward the Bitcoin.com community for buying, selling, exchanging and investing in cryptocurrency, for their interest in this industry. We’re going to do that with Verse”, commented Bitcoin.com CEO Dennis Jarvis.

To get Verse, all you have to do is use Bitcoin.com products and services.
What’s known about Verse
Developers say that the schedule for placing and issuing tokens is designed to optimize network effects and demand.

Additional discounts and bonuses will be available to token holders. In this way, the project team hopes to increase loyalty and attract new users to the platform.

The Bitcoin.com portal has existed since 2015. The service offers access to cryptocurrency news and educational materials. In addition, the project has its own wallet with support for several coins. Since 2016, the project was headed by famous crypto-enthusiast Roger Wehr. In 2019, he stepped down as head of Bitcoin.com.

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Written by Renat
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