The CEO of bitcoin.com Roger Ver has stated that his news publication just might launch its own ICO as the unveiling of the new tool that will enable developers to issue tokens using the Bitcoin Cash blockchain.
Roger Ver together with on of the bitcoin.com’s lead developers Corbin Fraser have presented in a video, the capabilities of their Wormhole Cash protocol that will enable token creation on Bitcoin Cash and allow for many new possibilities.
“For better or worse, ICOs and CryptoKitties are probably coming to Bitcoin Cash in the near future,” said Fraser followed by Ver’s response:
“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.”
The release of this new Wormhole protocol has come as crypto mining operator Bitmain together with bitcoin.com have joined forces to form the Bitcoin Cash’s major proponent base, and gets all over the news with Bitmain’s plans to hold an initial public offering (IPO).
As many people have said, this plan can help justify some of the money that had a suspicions origin when it comes to the giant that has distanced itself from Bitcoin in favor of Bitcoin Cash tokens a year ago.
This sudden move has been shown as a wrong one for Bitmain as the filling of the pre-IPO has been showing that the company had went under because of the Bitcoin Cash price collapse in 2018.