[News] VERY Ads Officially Launches!

The Wait is Over: VERY Ads is Live!

We are thrilled to announce the official launch of VeryAds, a groundbreaking advertising platform that allows advertisers to promote on Verychat and media platforms using VERY Coin. As our first major campaign, we are excited to have Bithumb, one of Korea’s leading cryptocurrency exchanges!

🔥 How VeryAds Works

VeryAds is designed to benefit the entire ecosystem, ensuring that both advertisers and users gain value while enhancing the utility of VERY Coin. Here’s how it works:

Advertisers pay for ads using VERY Coin on Verychat and other partner platforms.
The ad spend is strategically distributed:
— 50% is rewarded to users for engagement.
— 20% is allocated to Node owners, ensuring network sustainability.
— 30% is burned, reducing the overall supply of VERY Coin.
- More ads = more burns = higher VERY value 💎

📢 The First Campaign: Bithumb Joins as Our First Advertiser

To kick things off, we are thrilled to have Bithumb, marking the beginning of VERY Ads’ integration into the wider crypto ecosystem. As one of the biggest exchanges in Korea, Bithumb’s participation further validates the potential of VERY Ads as a powerful and effective advertising platform.

🌍 Web2 to Web3 Transition: Expanding Globally

Due to regulatory requirements in Korea, we are initially launching a Web2 version of VeryAds. However, we are actively working on a Web3 version that will allow advertisers to top up VERY directly and run ads seamlessly. This update will roll out globally, including Korea, in the near future.

🔥 The Core Burning Mechanism of VERY Network

VeryAds is more than just an advertising platform — it is a fundamental burning mechanism that ensures the continuous reduction of VERY’s circulating supply. As Verychat and the VERY ecosystem expand, the demand for VERY Ads will increase, leading to more burns and higher token utility.

🚀 The Future of VeryAds

The launch of VeryAds is just the beginning. We are committed to making it the go-to advertising solution for both Web2 and Web3 brands. With every ad campaign, we are not only creating exposure for advertisers but also enhancing the value of VERY Coin through systematic burning and user rewards.

This is a major milestone in the growth of the VERY Network, and we are excited to share this journey with our community. Stay tuned for more updates as we continue to innovate and expand the VERY Ads platform!