Bitcoin.com’s First VERSE Airdrop Goes Live | by Bitcoin.com | Aug, 2024

Active users of the Bitcoin.com Wallet app can now claim their VERSE tokens.

Hey everyone! We’ve got some exciting news to share. Our first airdrop of VERSE tokens is now live! If you are an active Ethereum user of the Bitcoin.com Wallet app, there’s a good chance you are eligible to claim VERSE tokens right now. So head over to the Verse Airdrop dApp to check your eligibility and claim your tokens. You can also access it from the Bitcoin.com Wallet app by navigating to Home > Verse Explorer.

This airdrop 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 goal is to distribute VERSE to our early community members who share our vision of making crypto accessible, rewarding, and fun.

VERSE, launched in December 2022, is our rewards and utility token here at Bitcoin.com. By incentivizing and gamifying engagement, VERSE helps onboard newcomers to the world of financial self-custody. It 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. Our ecosystem 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.
• A suite of 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.

The Verse airdrop program is part of our broader strategy to drive sustainable growth within the Bitcoin.com Verse ecosystem. In addition to the airdrop program, we’re set to release an in-app, quest-based rewards system. This 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 our community to vote on via Bitcoin.com’s Verse Community Governance mechanism.

VERSE tokens unlock numerous opportunities within our ecosystem. Here’s what you can do with your VERSE:

1. Staking Rewards: Earn additional rewards, currently at over 4.5% by staking VERSE via the Verse DEX either on the web or in the app.
2. Utility: VERSE incentivizes and gamifies user engagement, making your crypto journey enjoyable and rewarding. Use VERSE to purchase Scratch & Win tickets, re-spin traits on Verse Voyager NFTs, get exclusive access to the Verse Lounge Community VIP community, and more.
3. Governance: Participate in the decentralized governance of the Bitcoin.com Verse project by voting on proposals here.

Ready to claim your VERSE tokens? Here’s how:

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

We’ll keep you posted on additional airdrop details, future proposals, and voting opportunities through our Verse community channels on Telegram and Discord. You can also sign up for email notifications by subscribing here.