Bitcoin.com’s First VERSE Airdrop Goes Live

Bitcoin.com, a pioneer in the cryptocurrency space since 2015, has announced that the initial airdrop of Bitcoin.com’s ecosystem token VERSE is now live. As approved by the results of a community-led proposal, active Ethereum users of the Bitcoin.com Wallet app are now eligible to claim their VERSE tokens. To check eligibility and claim your VERSE, visit the Verse Airdrop dApp, also available in the Bitcoin.com Wallet app from Home > Verse Explorer.

“We’re excited to see the first phase of our airdrop program come to fruition,” said Bitcoin.com CEO Corbin Fraser. “This is just the beginning. We plan to extend future airdrops to active users across various blockchain networks in the Bitcoin.com Wallet app including Bitcoin, Bitcoin Cash, Avalanche, Polygon, and BNB Smart Chain. Our aim is to distribute VERSE to early community members who share our vision of making crypto accessible, rewarding, and fun.”

About Verse

VERSE, launched in December 2022, is Bitcoin.com’s rewards and utility token. By incentivizing and gamifying engagement, VERSE addresses the challenge of onboarding newcomers to the world of financial self-custody. VERSE encourages people to safely explore and benefit from the opportunities at the frontier of finance while also fueling the growth and expansion of the Bitcoin.com Verse ecosystem, which includes:

• The multichain Bitcoin.com Wallet app with over 50 million self-custody wallets created.
• An award-winning News platform with over 2.5 million monthly readers.
• The cross-chain decentralized exchange Verse DEX that integrates Farming rewards.
• Engaging dApps aimed at educating and safely onboarding users into the self-custody model including Verse Scratcher, Verse Clicker, and more.
• Coming Soon: V-Card, a debit card that enables you to spend crypto anywhere Mastercard® is accepted. V-Card will integrate exclusive rewards and benefits for VERSE holders.

About the Verse Airdrop and Rewards Program

The Verse airdrop program is part of a broader strategy to drive sustainable growth within the Bitcoin.com Verse ecosystem. In addition to the airdrop program, the Bitcoin.com team is set to release an in-app, quest-based rewards system. The latter will boost acquisition and retention by supporting and guiding users in their journey from Bitcoin newcomers to power users who can benefit from the full range of decentralized finance opportunities available.

Airdrops of VERSE tokens, as well as quest-based rewards, will be allocated from the 35% of total supply dedicated to ecosystem incentives, as outlined in the Verse white paper. Additional airdrop proposals will be made for the Verse Community to vote on via Bitcoin.com’s Verse Community Governance mechanism.

How to Use Your VERSE Tokens

The VERSE token unlocks numerous opportunities within the Bitcoin.com Verse ecosystem. These include:

1. Staking Rewards: By staking VERSE, users can earn additional rewards, at over 4.5% APY at the time of writing. Staking can be done easily through the Verse DEX either on the web or in the app.
2. Utility: VERSE incentivizes and gamifies user engagement, making the journey from crypto novice to power user both enjoyable and rewarding. You can use your VERSE to purchase Scratch & Win tickets here, re-spin traits on Verse Voyager NFTs, get exclusive access to the Verse Lounge Community VIP community, and more.
3. Governance: Use VERSE to participate in decentralized governance of the Bitcoin.com Verse project here.

How to Claim Airdropped VERSE

Eligible users can now check their eligibility for this first VERSE airdrop via the Verse Airdrop dApp. Follow these steps:

1. Visit the Verse Airdrop dApp on web or in the app: Check your eligibility and claim your VERSE tokens.
2. Claim Period: Users have 30 days (until 01 Sep at 0:00 UTC) to claim their tokens. Any unclaimed VERSE will be returned to the Verse Ecosystem Incentives Fund.

Stay Updated

Additional airdrop details, including future proposals and voting opportunities, will be communicated through Bitcoin.com’s Verse community channels on Telegram and Discord.