The leading Web3 wallet in Asia, Bitget Wallet, is pleased to announce the release of BWB, its official ecosystem token, as well as a cutting-edge BWB Points airdrop. This is a major turning point in the platform’s efforts to improve user interaction and create a thriving community environment.
The BWB Token’s Introduction and Its Airdrop Project
The statement states that a generous 5% of BWB tokens would be allocated for community airdrops out of a total supply of 1 billion tokens. Users will be able to redeem these airdrops for real BWB tokens in the future by exchanging their earned BWB points for actual tokens. This calculated action seeks to increase involvement and enliven the community.
Bitget Wallet launched a six-week airdrop campaign from March 18 to April 28 in an effort to interact with its wide range of users. This initiative has two primary components: the “Task Airdrop,” which is intended for users who fulfil specific tasks, and the “Initial Airdrop,” which rewards devoted individuals. The goal of this simplified process is to increase involvement in all areas.
During the “First Airdrop,” Bitget Wallet looked back and gave rewards to users who had previously used the wallet, taking into account things like the amount of assets they had, swap transactions they had made, and activities they had taken part in. Users who had utilized the Swap function in other well-known Web3 wallets, like MetaMask, Trust Wallet, and Coinbase Wallet, were also awarded additional airdrops. Furthermore, an airdrop of 50 BWB points will be given to new users who download the Bitget Wallet App during the campaign.
All Bitget Wallet users have the chance to earn BWB points during the “Task Airdrop” by fulfilling particular tasks. These consist of inviting friends, carrying out swap transactions, and maintaining assets in the wallet. With varying point values offered by each task, users can accrue points on a daily basis.
“We are eagerly anticipating the official release of BWB tokens in the second quarter of 2024, which will empower users to convert their accrued BWB points into tokens,” said Alvin Kan, COO of Bitget Wallet, in reference to the future of BWB. We value the fact that BWB acts as a key to open up special advantages for its holders, giving them a say in community governance, access to ecosystem airdrops, and a cut of the rewards generated by Bitget Wallet’s expansion.”
The Top 3 Web3 Wallet in Asia and a Global Contender
With more than five years of experience, Bitget Wallet has successfully navigated through multiple market cycles, taking advantage of the mainstreaming of Web3 and the ascent of DeFi. With over 19 million users worldwide thanks to this calculated navigation, Bitget Wallet is now the biggest Web3 wallet in Asia and among the top five worldwide.
A $15 million Series A funding round headed by Dragonfly further fueled the wallet’s innovative and expansionary path. Following this tremendous achievement, Bitget—one of the top five derivatives exchanges and one of the top ten worldwide centralized exchanges—acquired the company in 2023 for $300 million. With this acquisition, Bitget Wallet underwent a significant brand makeover in addition to receiving a $30 million investment. As the entry point to decentralized ecosystems, Bitget Wallet is a vital component of the Bitget Group’s ecosystem today. Thus, the future BWB token will bridge useful use cases within Bitget Wallet and more ecosystem involvement by acting as both the basic asset of Bitget Wallet and a fundamental asset and Web3 equity certificate throughout the Bitget decentralized ecosystem.
Web3 wallets are becoming leaders in this field as the industry moves toward decentralized asset management and trading. The narrative is also changing to emphasize community-driven storytelling. By being the first to provide a full-chain viewpoint, aggregate DEX pricing across all chains, enable smooth cross-chain transactions, and introduce an NFT marketplace and Launchpad platform, Bitget Wallet has improved the standards for Web3 wallet solutions throughout time.
Bitget Wallet is now a full-featured platform that includes a DEX aggregator, NFT marketplace, market analytics tool, Launchpad platform, inscription portal, and Web3 task platform. It started out as a multipurpose Web3 wallet. The foundation of Bitget Wallet’s competitive edge is its extensive feature set and excellent user experience.
Giving Users Access to New Resources and Opportunities
The capacity of Bitget Wallet to present the newest assets and allow users to optimize their profits through creative product features and tactical business practices is another important factor in the company’s success.
Bitget Wallet has always concentrated its development around new assets and earning chances, incorporating them into almost every major feature to guarantee that users have access to new prospects and increased wealth potential.
With unrivalled support for over 100 major blockchains and many EVM-compatible networks, Bitget Wallet enables a flawless Web3 experience. Users can easily handle assets, exchange tokens, interact with NFTs, and investigate DApps.
By supporting multi-chain transactions across more than 40 networks, compiling data from hundreds of DEXs and cross-chain bridges, and providing a wide range of tokens combined with cutting-edge features like gas-free transactions and automatic slippage adjustments, Bitget Swap stands out as the wallet’s core component. Furthermore, users may get real-time insights from its intelligent market analysis tools, which help them make wise trading selections.
Bitget Wallet has launched a complete portal with features like Task2Get, Fair Launchpool, and Invite2Get, among others, to increase user profits further. This portal offers users a wide range of rewarding tasks and airdrop activities.
Bitget Wallet prioritizes security, so much so that it built the GetShield security system to protect each and every transaction and interaction. This system uses extensive techniques including risk token detection, contract analysis, and more to solve a variety of security issues, including on-chain phishing and fraud. Furthermore, Bitget Wallet’s risk-reduction potential is enhanced by a $300 million risk protection fund it shares with Bitget.
Considering the future, “The launch of BWB marks a new beginning for us,” Alvin continued. We can’t wait to release additional cutting-edge items and grow our ecosystem as we move into this new era. Through BWB, we hope to reach a billion users, discover new resources and opportunities, and quicken the transition to a more community-driven governance model. We want our consumers to be an essential component of our expansion and to benefit from Bitget Wallet’s development triumphs.”
