Roger Ver Suggests ICO For Bitcoin.com As Bitcoin Cash Gets Token Issuance Protocol

In a video publication released on August 11, CEO of Bitcoin.com, Roger Ver while unveiling the new token issuance protocol of Bitcoin Cash hinted at a possible ICO for the popular news outlet.

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In a video publication released on August 11, CEO of Bitcoin.com, Roger Ver while unveiling the new token issuance protocol of Bitcoin Cash hinted at a possible ICO for the popular news outlet.

The new Bitcoin Cash (BCH) token issuance protocol

In a video, Roger Ver along with one of the website’s lead developers, Corbin Fraser discussed the possibilities of Bitcoin Cash’ newest launch: a protocol to allow the issuance of tokens on the Bitcoin Cash network.

In the video, Corbin Fraser commented:

“For better OR worse, ICOs and CryptoKitties are probably coming to Bitcoin Cash in the near future,”

The Wormhole Cash Protocol will now allow creating tokens on the Bitcoin Cash, thus, increasing the possibilities for developers on the network.

Ver used Crypto Kitties as a reference to the popular game which accounted for the substantial rise in volume on Ethereum’s network.

The comment hints at the implementation of decentralized applications on the Bitcoin Cash blockchain following its integration with the Wormhole technology.

The new tokenization ups the features of Bitcoin Cash, at the same time increasing the competition for platforms like TRON and Ethereum which offers similar services.

Possible ICO for Bitcoin.com

While talking about the possibilities of the Wormhole protocol, Roger Ver did not hesitate to reveal that he was considering a crowdsale for Bitcoin.com, already popular for being an information outlet.

“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.”

While still in consideration according to Ver, an ICO model would largely change the landscape of Bitcoin.com.

Bitcoin.com gained traction for offering information for those new to cryptocurrency and the blockchain technology, according to Ver, a possible ICO is important to supplement the functions of Bitcoin.com.

Venturing into gaming would mean a change in the function and atmosphere in the site of the popular news outlet, however, a dividend paying ICO through makes an interesting proposition for Bitcoin.com.

An ICO could change the dynamics of Bitcoin.com which serves as a major supporter of Bitcoin Cash and functions as a proponent base for Bitcoin Cash.

Bitmain – Bitcoin Cash relationship

Along with Bitcoin.com, crypto mining giants Bitmain makes up a huge chunk Bitcoin Cash base, being a major supporter of the project.

Bitmain opted for BCH over BTC, selling most of its Bitcoin stakes to purchase Bitcoin Cash, a move which has proven distraught for the company as the price of BCH plummets.

Over the last couple of months, Bitmain has been tied to cash flow difficulties, leading analysts to believe the relationship with Bitcoin Cash has proven to be less than profitable.

The release of the Wormhole Cash Protocol comes at a strategic time for Bitmain, which recently hit the headlines over its plans to hold an Initial Public Offering (IPO).

Analysts believe that the IPO would help alleviate the suspected cash flow difficulties of the mining giants.

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