What is a token sale?

This article is part of series educating people on token sales in the lead up the launch of VERSE, Bitcoin.com’s rewards and utility token, and the world’s gateway to DeFi. The VERSE token sale sale will go live on November 1st. Only registered applicants are eligible to purchase in the sale. To register, please visit getverse.com.

A token sale, sometimes called an Initial Coin Offering (ICO), is the first stage of a token offering, where a group of buyers become the first to reserve a portion of the project’s token supply.

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