Bitcoin․com Joins Chainlink BUILD to Boost Adoption of VERSE Ecosystem dApps

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Bitcoin․com Joins Chainlink BUILD to Boost Adoption of VERSE Ecosystem dApps

Bitcoin.com, a digital and secure self-custody platform where users can safely and easily interact with digital currencies and digital assets, has joined the Chainlink BUILD program to assist accelerate the adoption of VERSE ecosystem dApps and receive increased technical support for ’s time-tested Web 3.0 services—which include verifiable randomness, decentralized price data, and reliable smart contract automation.

What Is VERSE?

With over 35 Million wallets created and greater than 5 Million active users, Bitcoin.com has played a leading role since 2015 in onboarding millions of newcomers to Bitcoin, digital currency, and the larger Web 3.0 industry. A trusted brand, Bitcoin.com acts as the 1st touchpoint for newcomers to safely interact with and learn about this paradigm-shifting technology.

Verse is the upcoming step in Bitcoin.com’s mission to establish blockchain tech as an integral component of society towards the goal of creating more economic in the world. The VERSE crypto token, at present on sale at getverse.com will provide utility in Bitcoin.com’s ecosystem while likewise acting as a bonus mechanism to promote   actions such as self-custodying assets. VERSE likewise refers to an ecosystem of decentralized applications (DApps) that will guide millions of people on their journey beyond Bitcoin, including into (DeFi) (DeFi), one of the fastest-growing verticals in Web 3.0 today.

Why We Joined Chainlink BUILD

Bitcoin.com joined BUILD to maximize the advantages of security and reliability that Chainlink’s oracle infrastructure provides and to assist accelerate the adoption of the VERSE ecosystem.

As part of BUILD, Bitcoin.com will receive key advantages, including access to and integration of on-chain price data through Chainlink Price Feeds, a verifiable random number generator through Chainlink VRF, and decentralized smart contract automation through Chainlink Automation. These proven services will act as critical infrastructure for the Bitcoin.com Verse ecosystem. Bitcoin.com will likewise receive access to new Chainlink product alpha and beta releases and increased technical support, between other benefits.

In exchange for these services, Bitcoin.com will make numerous percentage points of the VERSE crypto token supply available to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives enable both the Bitcoin.com and Chainlink communities to support one another.

How Chainlink Services Help Power the VERSE Ecosystem

Built on  (ETH) but with a focus on expanding into low-fee EVM chains, Verse’s DApp ecosystem will kick off with the Verse DEX and expand to integrate a range of DApps, some of which will be incubated by the Verse Development Fund.

“We’ve chosen to use Chainlink as our preferred oracle solution Verse’s DApp ecosystem because the Chainlink Network has proven time and time once more that it is the most reliable and secure oracle solution in Web 3.0, “ stated Bitcoin.com CEO Dennis Jarvis. “Bitcoin.com is the primary gateway for Web 3.0 newcomers, and leveraging Chainlink services helps secure they have the experience possible while navigating the several use cases in decentralized finance.”

“We’re pleased to welcome Bitcoin.com and the VERSE ecosystem into Chainlink BUILD. With the support of Chainlink’s secure and reliable oracle services and increased alignment with the Chainlink ecosystem, VERSE can build next-generation (DeFi) applications that accelerate the pace of Web 3.0 adoption.”—Johann Eid, VP of Go-to-Market at Chainlink Labs.

About Chainlink

Chainlink is the industry-standard Web 3.0 services platform that has enabled trillions of in volume across Decentralized Finance, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web 3.0 applications with seamless access to real-world data and off-chain computation across any blockchain tech and provides global corporations with a universal gateway to all blockchains.

Learn more about Chainlink by visiting chain.link or reading the at docs.chain.link. To discuss an integration, reach out to an expert.

About Bitcoin.com

Since 2015, Bitcoin.com has been a global leader in introducing newcomers to cryptocurrency. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, we make it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on digital currency and future of the finance.

The VERSE crypto token will launch following the conclusion of the Verse crypto token sale, which ends on Nov 30.

 

 

 

 

 

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Disclaimer: This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.


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