Equity Overview
Price & Market Data
Price: $0.0₄815
Daily Change: -$0.0₅621 / 7.62%
Range: $0.0₄598 - $0.0₄879
Market Cap: $15,845,489
Volume: 0
Details
VERSE is the rewards and utility token for the Bitcoin.com ecosystem and an ERC-20 token that lives on the Ethereum public blockchain. Bitcoin.com is dedicated to ensuring that VERSE has wide utility for everyday people, which is why VERSE will be integrated across low-fee chains.Verse will also act as a rewards mechanism to encourage positive actions such as taking self-custody of assets. For example, the Bitcoin.com team launched in November its CEX Education Program that will reward people affected by centralized crypto company insolvencies while encouraging the adoption of decentralized finance and self-custody. Five percent of the total VERSE token supply is dedicated to the program.Verse additionally refers to an ecosystem of decentralized applications (DApps) that will guide millions of people on their journey beyond Bitcoin, including into decentralized finance (DeFi), one of the fastest-growing verticals in Web3 today. In that regard, the Bitcoin.com team launched the Verse Development Fund which will accelerate growth and innovation in Bitcoin.com’s Verse ecosystem while empowering projects that embody Bitcoin.com’s ethos of economic freedom and democratized finance. Thirty-four per cent of the VERSE token supply is allocated to the Verse Development Fund with tokens being made available to the fund on a block-by-block basis linearly over seven years.Telegram | Facebook | Blog | LinkedIn | GitHubWhitepaper