Bitcoin.com to Airdrop VERSE Tokens: Get Ready to Claim Your Share! | by Bitcoin.com | Jul, 2024

Hey Bitcoin.com community! We’ve got some exciting news to share with you. We’re kicking off our initial airdrop of VERSE, the ecosystem token that fuels the Bitcoin.com uniVERSE. Thanks to a community-led proposal, this first airdrop will reward active Ethereum users of the Bitcoin.com Wallet app. And guess what? There are more airdrops on the horizon for active Bitcoin.com Wallet app users, so stay tuned!

Our VERSE airdrop program is just the beginning of a broader strategy to reward our dedicated community members and drive growth within the Bitcoin.com Verse ecosystem. We’re not just stopping at airdrops — we’re also developing an in-app, quest-based rewards system. This system is designed to support and guide you on your journey from Bitcoin newcomer to power user, allowing you to tap into all the exciting opportunities in the decentralized finance world.

VERSE tokens for these airdrops and quest-based rewards will come from the 35% of the total supply dedicated to ecosystem incentives, as outlined in the Verse white paper. More airdrop proposals will be up for community voting soon, so keep an eye out for updates via Bitcoin.com’s Verse Community Governance mechanism.

The community has spoken, and the results are in! The voting period for this proposal ran from July 4th to July 11th, and it was great to see such active participation and discussion in our Verse Telegram and Discord groups. Holders of VERSE tokens had their say, with the weight of each vote proportional to the number of VERSE tokens they held. Here’s how it went down:

• Yes, proceed: 497M VERSE (99.59%)
• No, do not proceed: 2M VERSE (0.41%)

It’s clear that the community is pumped and ready for this airdrop initiative!

With the community’s backing, we’re all set to proceed with the airdrop to our active Ethereum users of the Bitcoin.com Wallet app. We’ll be announcing all the juicy details soon, including eligibility criteria and reward amounts. The airdrop will be managed through a decentralized application (Airdrop dApp) supported by an underlying claimer contract on the Ethereum Chain.

Here’s what you need to know:

• Airdrop Announcement: Details coming your way soon.
• Airdrop Distribution: Check your Ethereum wallets for eligibility via the Verse Airdrop dApp and claim your airdrop within 30 days from the announcement. Any unclaimed VERSE will go back to the Verse Ecosystem Incentives Fund.

Launched in December 2022, VERSE is Bitcoin.com’s rewards and utility token. It’s all about making financial self-custody engaging, fun, and rewarding! By incentivizing and gamifying engagement, VERSE helps people safely explore and benefit from the financial frontier, all while fueling the growth of the Bitcoin.com Verse ecosystem. This includes:

Stay tuned for more updates, and get ready to claim your VERSE tokens!