Bitcoin.com has announced that it will launch in November a public sale of the VERSE token, a reward and utility token designed to be EVM compatible for Bitcoin.com ecosystem contributors and participants. Bitcoin.com completed a $33.6 million VERSE token private placement financing in May this year, and Digital Strategies, KuCoin Ventures, Blockchain.com, etc. purchased 10% of the VERSE token supply. Additionally, Bitcoin.com will launch the Verse Development Fund, which will begin accepting grant applications from developers and other ecosystem participants in Q1 2023. 34% of the VERSE token supply is allocated to the Verse Development Fund, and tokens are released to the fund linearly over seven years.