Bitget Wallet announced its latest roadmap today, unveiling plans to establish the Bitget Onchain Layer as an intermediary layer for users to interact with the Web3 world. It also announced the establishment of a $10 million BWB Ecological Fund to invest in and incubate on-chain trading services.
Bitget Wallet, which recently became the world’s fourth-largest Web3 wallet with over 20 million users, aims to revolutionize the overall Web3 experience with the introduction of the Bitget Onchain Layer. This layer will serve as an intermediary for users to better interact with the complex Web3 world and will also be the extension and decentralization of Bitget’s entire ecosystem. By collaborating with industry developers to create Modular Feature-Dapps (MFD) that integrate their native functions, Bitget aims to reshape user interaction with the Web3 world in terms of functionality, user experience, and security. Through synergy with Bitget’s ecosystem resources, the Onchain Layer will leverage the advantages of both on-chain and off-chain development.
In terms of security, the Bitget Onchain Layer provides robust protection for user interaction with the Web3 world. It effectively isolates malicious DApps, preventing harm to user assets and various security threats and risks.
As a super liquidity aggregator, the Onchain Layer integrates liquidity from across the chain, enhancing on-chain spot liquidity and covering OTC, on-chain derivative markets, and on-chain pre-market, among others. Through Bitget Solver, it selects the optimal liquidity path or combination for users, streamlining the trading process. It also aggregates DeFi yield liquidity, optimizing on-chain staking, financial management, and arbitrage experiences, thereby reducing costs and maximizing returns.
In terms of user experience, the Bitget Onchain Layer is committed to providing a high-quality native mobile experience. By utilizing standardized development SDKs and UI toolkits, it makes DApps more mobile-friendly and offers a smooth and native-like user experience. This strategy reflects Bitget Wallet’s long-term product philosophy of “Mobile First” and serves as a solution to the prevailing poor mobile experience in the crypto industry.
Meanwhile, Bitget Wallet also announced the establishment of a $10 million BWB Ecological Fund to invest in and incubate on-chain trading services, including on-chain pre-market trading, on-chain derivative markets, trading robots, and the development of emerging assets. Following the successful launch of the experimental meme token $MOEW, Bitget Wallet will further deepen its integration and community activities in the meme field, planning to launch Meme Grants and a series of activities to strengthen meme culture and enhance user participation in Web3.
BWB is the official ecological token of Bitget Wallet and also serves as the system token of the Bitget Onchain Layer. It plays multiple roles in the ecosystem, including community governance, staking, participation in Bitget Wallet Launchpad and various airdrop activities, eligibility for Bitget platform events, as well as airdrop eligibility for Bitget Onchain Layer ecological projects and AA Wallet’s multi-chain gas fee payment. The distribution plan for BWB tokens has been announced after the completion of the BWB Points airdrop campaign and the BWB Ecological Partner Program. The total supply of BWB tokens is set at 1 billion, with approximately 47% allocated to the community treasury, 18% to ecological construction, 10% each to investors and the team, and an additional 5% reserved for pre-TGE airdrops.
Since its establishment in 2018, Bitget Wallet has been deeply involved in the cryptocurrency field for six years. It has evolved from a private key management tool to a comprehensive platform that integrates multi-chain wallets, swaps, smart market data, launchpads, DApps and NFTs, news centers, and coin earning. Bitget Wallet has attracted over 20 million users worldwide and has received widespread acclaim.
Last month, its swap trading volume and order volume reached a historic high, surpassing MetaMask by a significant margin. Bitget Wallet will continue to optimize and upgrade its platform by integrating high-frequency and core functionalities, enhancing users’ experience and interaction within the Web3 ecosystem, expanding the functional boundaries of Web3 wallets, and driving product growth and strategic infrastructure development.
About Bitget Wallet:
Bitget Wallet is the largest and leading one-stop Web3 trading wallet in Asia, with over 20 million users worldwide. Its product features include wallets, smart market data, swap trading, launchpads, news centers, and DApp hubs, among others. It currently supports over 100 mainstream public chains, hundreds of EVM-compatible chains, and more than 250,000 cryptocurrencies. By aggregating liquidity from hundreds of mainstream DEXs and cross-chain bridges, it enables free trading on over 50 chains.
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Disclaimer: This article is a sponsored post provided by Bitget and does not represent the views or investment advice of the publication. Please refer to the disclaimer at the end of the article for more information.