1. What is Verse?

Introduction to Verse Tokens

Verse is a type of token, primarily used in Bitcoin.com's multi-chain decentralized exchange (DEX) — Verse DEX. Here is some basic information about Verse:

1. Purpose: Verse is mainly used for cross-chain trading of tokens on Verse DEX, including exchanges between BTC, BCH, ETH, and others.

2. Features: Verse DEX is a decentralized exchange based on automated market makers (AMM), which does not require a trusted third party or intermediary to facilitate the trading of crypto assets.

3. Operational Steps: To use Verse DEX, you need to connect a wallet to the Verse DEX platform, create an exchange transaction, select "Exchange Preview," and then approve the exchange on your wallet.

4. Security: Verse DEX provides a secure and reliable trading environment where users can manage their crypto assets independently, avoiding third-party risks.

5. Background: Verse is part of decentralized finance (DeFi) applications, aimed at providing access to financial products for everyone.

In summary, Verse is a token used for decentralized exchanges, offering secure and reliable cross-chain trading services.

2. Who founded Verse?

TokensVerse (VERSE) was founded by Bitcoin.com. It is a reward and utility token of the Bitcoin.com ecosystem, launched in 2022, aimed at enhancing user experience and engagement.

3. Which venture capital firms invested in Verse?

Based on the provided search results, there is no direct information on which venture capital firms invested in TokensVerse. The results mainly focus on profiles of tokens investment funds and venture capital institutions, without specifically mentioning the investment situation of Verse.

If you need to know specific investment information about tokens, it is recommended to visit the official website of the relevant tokens or the websites of investment institutions directly, or use professional tokens data platforms to obtain the latest investment information. The information provided mainly introduces the background and investment strategy of crypto venture capital institutions, but does not specifically mention Verse's investment situation. The other information pertains to the fundamentals of Bitcoin and tokens, also not providing relevant investment information.

4. How does Verse operate?

Operation of VERSETokens:

1. Blockchain Basis: VERSE is a token based on blockchain technology, specifically deployed on the Ethereum and Polygon blockchain networks.

2. Transaction Validation: Similar to other tokens, VERSE transactions are validated through the blockchain network. Transfers between users require validation by farmers, miners, or validators, and are then recorded on the blockchain.

3. Rewards and Utility: VERSE is a reward and utility token from Bitcoin.com, designed to provide rewards to users through the purchase, sale, consumption, exchange, and attention to token information.

4. Issuance and Deployment: VERSE was launched in December 2022, initially minted as an Ethereum (ERC-20) token, similar to Crypto.com's CRO, Binance's BNB, and FTX's FTT.

5. Application Scenarios: VERSE has broad market potential and development space, and its uniqueness and interest may attract specific groups' attention, thus promoting its development.

In conclusion, VERSETokens use blockchain technology for transaction validation and serve as a reward and utility token for Bitcoin.com, possessing extensive market potential and development opportunities.