Category: utility token

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Web3 Utility Coin LPX Secures $1.1 Million in Funding for Its New Trading Alpha Platform – Here’s What You Need to Know

The cryptocurrency market is chock-full of contenders competing for attention beyond the shadow of Bitcoin. Among the array of projects, some provide real utility, functioning as more than just a digital asset or currency. Utility coin LPX, associated with the blockchain startup Launchpad XYZ, has raised $1.17 million in its presale, leading the pack in…
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Crypto Industry Leader Bitcoin.com Secures $33.6 Million in VERSE Token Private Sale

On Wednesday, the leading crypto industry firm, Bitcoin.com, announced it has concluded a private sale of its VERSE token and secured $33,600,000 from strategic investors. VERSE is meant to bolster Bitcoin.com’s growing infrastructure by providing a utility token that rewards users for contributing to the Bitcoin.com ecosystem. Bitcoin.com’s Private Token Sale Raises $33.6 Million This…
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Thailand to Develop ‘Cryptourism,’ Considers Issuing Utility Token

In search of ways to heal its travel industry, hurt by the pandemic, Thailand is now recognizing an opportunity to tap into a growing market of cryptocurrency holders. Fostering a “cryptourism atmosphere” is what the country’s tourism agency intends to do, including by minting a new token and facilitating bitcoin card payments. Tourism Board of…
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