Bitget Wallet announces the official launch of its official ecological token BWB and introduces the BWB point airdrop program.
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Table of Contents:
BWB, the platform token, is launched, and the points airdrop activity is now online
Asia’s largest and one of the top five global Web3 wallets
Focus on new assets and opportunities to help users “earn more”
This article is a sponsored article, written and provided by Bitget Wallet, and does not represent the position of the platform. It is not investment advice, buying or selling advice. See the end of the article for responsibility disclaimer.
Asia’s largest Web3 wallet, Bitget Wallet, has officially launched its official ecological token BWB and introduced the BWB point airdrop program.
The total supply of BWB tokens is 1 billion, of which 5% will be used for community airdrops, distributed to users in the form of BWB points, which can be redeemed for BWB in the future. The points airdrop activity has officially started from March 18th to April 28th, divided into “Initial Airdrop” and “Mission Acquisition” parts, applicable to both new and existing wallet users.
In the “Initial Airdrop” part of BWB points, Bitget Wallet has conducted retrospective airdrops to existing users based on their past wallet usage, such as asset holdings, swap transactions, and participation in activities, using multiple dimensions for evaluation. At the same time, users who have used the swap function in mainstream Web3 wallets such as MetaMask, Trust Wallet, and Coinbase Wallet have also received incentive airdrops. In addition, users who download the Bitget Wallet App during the event period will also receive a 50 BWB point airdrop.
For “Mission Acquisition of BWB points,” anyone can earn BWB points by completing designated tasks, which include asset holdings, swap transactions, and inviting friends. Users can accumulate points by completing tasks daily.
Alvin Kan, Chief Operating Officer of Bitget Wallet, said, “The team will officially issue BWB tokens in the second quarter of 2024, and users will be able to redeem them with BWB points. BWB will become the core asset and equity token of Bitget Wallet’s decentralized ecosystem. BWB holders will unlock and enjoy exclusive rights such as community governance and ecological airdrops, as well as more bonuses brought by Bitget Wallet’s development.”
With more than 5 years of establishment, Bitget Wallet has seized the rise of DeFi and the trend of Web3 becoming the industry mainstream, experiencing rapid user growth. It now has over 19 million global users, making it the largest in Asia and one of the top five Web3 wallets globally.
Bitget Wallet previously received a $15 million Series A funding led by Dragonfly and was later acquired by Bitget, one of the top ten centralized exchanges and top five derivatives exchanges globally, at a valuation of $300 million in 2023. It received a $30 million investment and controlling stake. Subsequently, it underwent a rebranding and brand upgrade.
Today, Bitget Wallet, relying on the Bitget Group ecosystem, has become an important role as the decentralized ecosystem entry point in the group matrix. Therefore, the upcoming BWB token is not only the core asset of Bitget Wallet itself but also the core asset and Web3 equity certificate of the entire Bitget decentralized ecosystem. It has practical use cases within Bitget Wallet and will also participate in the entire Bitget decentralized ecosystem, enjoying corresponding benefits.
Today, Bitget Wallet has far surpassed the definition of a Web3 multifunctional wallet. It is the first wallet to adopt a full-chain perspective design and the first to aggregate DEX market data, NFT markets, market tools, Launchpad platforms, full-chain token forging, Web3 task platforms, etc. Its excellent user experience is the core competitive advantage of Bitget Wallet.
In addition to surpassing many products in terms of user experience, another core competitive advantage of Bitget Wallet is to help users discover the latest assets and investment opportunities in the industry through product features and operational strategies, earning more profits.
“New assets” have always been the core of the industry’s wealth effect, and “earning more” is always the main demand of users. “New assets” and “new opportunities” have been the main focus throughout the development of Bitget Wallet. Almost all key features revolve around these two keywords.
Bitget Wallet provides the most comprehensive ecological support in the industry, covering 100 mainstream public chains, hundreds of EVM-compatible chains, and combining innovative features such as gas-less transactions and automatic slippage to provide a range of interactive ecological functions. Users only need one wallet to connect with the entire Web3 world for asset management, token and NFT trading, and participation in DApp ecosystems.
In addition to providing excellent product features and services, Bitget Wallet also places great emphasis on security and has established the GetShield security system, which is applied to various functions and services of the product to ensure the security of each transaction or interaction scenario. This includes various aspects of risk token detection, contract detection, authorization detection, fraud address identification, anti-phishing mechanisms, DApp security ratings, etc., to prevent risks comprehensively.
At the same time, regarding wallet security, Bitget Wallet not only introduces MPC wallets, AA wallets, but also supports hardware wallet connections. It has completed the audit of core codes such as swap and NFT market protocols and has integrated with Flashbots in transactions to prevent malicious MEV attacks. In addition, Bitget Wallet also shares a $300 million risk guarantee fund with Bitget to strengthen its risk resistance.
Regarding the future vision and planning for BWB, Alvin Kan explained, “The launch of BWB is a new beginning, and Bitget Wallet will enter a new stage of development, with more innovative products and ecological construction plans about to be launched. With BWB, Bitget Wallet hopes to help one billion users enter the Web3 world, discover and capture more new assets and opportunities, and accelerate the community development of Bitget Wallet, allowing more users to participate in Bitget Wallet’s governance and enjoy the rewards brought by Bitget Wallet’s development.”
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Sponsored Disclaimer: The content of this article is a promotional article provided by the contributor. The contributor has no relationship with the platform, and this article does not represent the position of the platform. This article is not intended to provide any investment or asset advice or legal opinions and should not be considered as an offer to buy, sell, or hold assets. The mentioned services, programs, or tools in the promotional article are for reference only, and the final actual content or rules are subject to the announcement or explanation of the contributor. The platform does not take responsibility for any potential risks or losses and reminds readers to conduct their own careful verification before making any decisions or actions.