Bitcoin Jesus Roger Ver Talks Bitcoin Cash’s Wormhole ICO Token Issuance Protocol
Roger Ver Eyes Initial Coin Offerings as Token Issuance Protocol Arrives at Bitcoin Cash
Bitcoin.com CEO Roger Ver keeps moving in the cryptocurrency world and offering new services with Bitcoin Cash (BCH). This time, he unveiled new tools that will allow projects to launch tokens on top of the Bitcoin Cash blockchain.
You can now easily create tokens and initial coin offerings on #BitcoinCash using Wormhole (WHC) 🎉
Launch your crowdsale or token TODAY using our guides and tools at https://t.co/QFsAPjg0Zs
— Bitcoin.com Official (@BitcoinCom) August 13, 2018
In an official statement Ver and Corbin Fraser hinted that the advent of the Wormhole Cash protocol. This is a very important announcement for Bitcoin Cash because it would allow ICOs to reach a new audience, launch their tokens in a new blockchain and rely on the security that the Bitcoin Cash protocol provides.
About that,Ver commented:
“They’re probably coming to Bitcoin.com, too. We’ve been thinking about having our own ICO for maybe the games part of the platform; maybe we’ll issue a token and pay dividends or use part of the money… to buy back the tokens on the open market.”
This release comes at the same time that the cryptocurrency company Bitmain, released the information that it wants to hold an initial public offering (IPO) to gather funds and expand their investments in other fields such as Artificial Intelligence.
Blockstream CSO Samson Mow explained that the Bitmain pre-IPO investor deck, sold most of their Bitcoin for Bitcoin Cash when it had a price of $900 dollars.
At the moment of writing, Bitcoin Cash is one of the most important virtual currencies in the market. It is currently traded around $540 dollars and has a market capitalization of $9.36 billion dollars.
The market has been experiencing a strong decline in the last days that has affected the prices of most virtual currencies. But Roger will never stop pushing Bitcoin Cash as a better option than Bitcoin.
The long term price of a crypto currency is a function of its usefulness as a currency. pic.twitter.com/0LjX3fBrQb
— Roger Ver (@rogerkver) August 13, 2018