PRESS RELEASE. November 2nd, 2023 — Bitcoin.com, a pioneer in democratizing cryptocurrency access, is thrilled to announce the upcoming launch of its VERSE token on the Polygon PoS chain. This significant move follows the Verse community’s first-ever direct vote, a process that underpins Bitcoin.com’s commitment to community-driven decision-making and amplifies the ethos of decentralization.
An overwhelming 71.67% of the votes were in favor of launching VERSE on Polygon, a platform known for its low-fee, high-speed transaction architecture.
Why Polygon?
The decision to launch on Polygon aligns perfectly with Bitcoin.com’s mission to enhance economic freedom through blockchain technology. Polygon’s low transaction costs and fast confirmation times make it an ideal platform for trading, DeFi, web3 games, and more. This will significantly broaden the range of use cases for VERSE, inviting more participants into the growing ecosystem.
Community Governance
Bitcoin.com wishes to extend its gratitude to the Bitcoin.com Verse community for their active participation in this crucial decision-making process. The participation in the voting serves as a robust indicator of a community committed to the principles of decentralization and self-governance.
“This is more than just a technology play; it’s a leap towards fulfilling our mission of democratizing financial freedom. We’re incredibly excited about the new opportunities that launching on Polygon will bring to our community, and we’re thankful for the strong show of support in our first-ever direct vote,” said Dennis Jarvis, CEO of Bitcoin.com.
Next Steps
Bitcoin.com is in the advanced stages of integrating VERSE with the Polygon network and will be rolling out updates in the near future. The community is encouraged to stay engaged as there are more exciting community votes planned.
About Bitcoin.com
Bitcoin.com is building products that give everyday people access to a vast world of opportunities to generate personal prosperity without limits. Since 2015, Bitcoin.com has been a global leader in introducing newcomers to cryptocurrency, featuring accessible educational materials, timely and objective news, and easy-to-use fully self-custodial products for buying, spending, trading, investing, and earning with crypto.
About Verse
VERSE is the rewards and utility token for users who contribute to and participate in the Bitcoin.com ecosystem. Launched in December 2022, the VERSE token is designed to expand access to decentralized finance and help unlock the economic freedom it provides. Since launch, VERSE has experienced rapid integration into web3 platforms, as evidenced by August and September’s partnership/integration overviews.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
