Summary
Bitcoin.com's first airdrop of VERSE tokens went live on August 1, 2024. To check your eligibility, and to claim airdropped VERSE tokens, please visit the Airdrop dApp on web or in the app. Users have until 08 Sep at 0:00 UTC to claim their tokens.
Table of Contents
What is an airdrop?
An airdrop is when a project takes a certain amount of the project's cryptoassets and sends them for free to people who meet particular requirements. Learn more about airdrops here.
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 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.
Who is eligible for this first airdrop of Bitcoin.com's ecosystem token VERSE?
Active Ethereum users of the Bitcoin.com Wallet app are eligible.
Will there be additional airdrops of VERSE?
Yes, the Bitcoin.com Verse team plans 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. The aim is to distribute VERSE to early community members who share a vision of making crypto accessible, rewarding, and fun. Additional airdrop proposals will be made for the Verse Community to vote on via Bitcoin.com’s Verse Community Governance mechanism.
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. Learn more about Verse here, and explore the Verse Ecosystem here.
How to Use Your VERSE Tokens
The VERSE token unlocks numerous opportunities within the Bitcoin.com Verse ecosystem. These include:
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.
Governance: Use VERSE to participate in the decentralized governance of the Bitcoin.com Verse project here.
How to Claim Airdropped VERSE
Visit the Verse Airdrop dApp on web or in the app: Check your eligibility and follow the instructions to claim your VERSE tokens. Note that you will need a small amount of ETH to pay for the claim transaction. Please refer to this video guide for step-by-step instructions:
When does the airdrop claim expire?
You have until 08 Sep at 0:00 UTC to claim your tokens for this first airdrop. 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.