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Cryptocurrency News Articles

Smart Wallets Push VerseWorld's Governance and Utility Token to the Top Ranks

Jun 11, 2025 at 07:31 pm

VerseWorld, the hyper-realistic metaverse fusing real-world culture with immersive digital experiences, has launched its native token, VERSE

Smart Wallets Push VerseWorld's Governance and Utility Token to the Top Ranks

Moments after launch, the new VerseWorld token has shot to the top of the SmartMoney purchases on-ramp.

At 22:40 Dubai (18:40 GMT), the token had already crossed a $1 billion market cap and was ranked #1 in SmartMoney purchases for the day.

The token launched on the Solana-based platform Pump.fun at 22:18 Dubai (18:18 GMT).

Designed to be more than a meme or hype token, the VERSE token powers VerseWorld’s broader vision: a cultural platform built on Web3 rails.

With a fixed supply of 1 billion tokens and 45% allocated to reward users for participation, interaction, and building the VerseWorld ecosystem, VERSE is the fuel for a decentralized ecosystem of virtual experiences, real-world brand activations, and community governance.

“Too many metaverses promise immersion and deliver pixels. We’re changing that,” said Mickael Reignier, Co-Founder and CEO of VerseWorld. “VerseWorld is where reality meets imagination, and VERSE is the fuel that powers it all.”

The platform already supports branded experiences for clients like Toyota, Lexus, and Dubai Police, and has been covered by Cointelegraph for bringing a hyper-realistic metaverse to the Epic Games Store.

The VERSE token enables in-game transactions, staking and governance, creator economy incentives, and discounted marketplace fees, as outlined in its official litepaper.

Backed by notable investors including Gerard Lopez (Genii Capital, Mangrove Capital) and supported by professional market-maker Selini Capital, the VerseWorld token launch marks a new chapter in its global expansion.

“Our goal? Build a metaverse people actually use,” added Reignier. “No hype. Real engagement. Real rewards. Real-world impact.”

About VerseWorld

VerseWorld is “The Internet of Reality,” a hyper-realistic metaverse platform connecting global communities, creators, and brands through immersive virtual experiences and real-world integrations. VERSE is the native utility token powering transactions, governance, and rewards across the VerseWorld ecosystem.

Website: www.verseworld.com

Litepaper: Click here

Original source:livebitcoinnews

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