VICTORIA, Seychelles, May 20,
2024 /PRNewswire/ -- Bitget Wallet, one of the largest
multi-chain wallets, has announced that its official ecosystem
token will be listed on its native launchpad from May 23, 18:00 (UTC+8). This move marks a
significant milestone in Bitget Wallet's commitment to
revolutionizing the digital asset landscape and providing users
with unparalleled opportunities for growth and engagement.
Users who have accumulated at least $200 worth of transactions in the month of May on
Bitget Swap, the wallet's native trading platform, will be eligible
for the public round of the launchpad.
"For a project to launch its own token, careful and robust
consideration of various factors have to be made," Alvin Kan, COO of Bitget Wallet comments. "A
clear understanding of a project's unique value proposition on the
market, together with a strong community to back it, are paramount
requirements that need to be met before a token launch. We are
satisfied that these conditions have been adequately met at this
point in time, which have led us to this strategic move."
BWB Tokenomics
Following the recent conclusion of the BWB Points campaign, the
BWB token, set to launch on Solana, Ethereum, and Base chains, will
be capped at a total supply of 1 billion. 47% of this total supply
will be allocated to the community treasury and 10% will go to
investors, while 5% will be reserved for the pre-TGE (token
generation event) airdrop.
Aside from community governance rights, BWB can also be used to
cover gas fees on multiple chains, staking, and will qualify
holders for future airdrops from Bitget Wallet. The token will soon
make its way to the wallet's native launchpad.
Bitget Wallet Launchpad: Democratizing DeFi
Distinguishing Bitget Wallet from other wallets by providing new
and innovative ways to improve the overall user experience has been
a central focus of Bitget Wallet's development roadmap this year.
By introducing a native launchpad, the wallet aims to provide an
avenue for users to better discover new and upcoming projects that
have been carefully vetted by the Bitget Wallet team. In doing so,
not only will users be able to better capitalize on various "low
risk, high return" opportunities in the DeFi space, it also
empowers retail investors to follow smart money and trends in the
industry.
"The democratization of investment opportunities is an important
goal that we are working towards, as this allows users to
participate in high-quality projects and strengthens the
participation and reward mechanism of the entire ecosystem," Alvin
says.
Being one of the first wallets on Web3 to integrate a native
launchpad also means that users will be able to participate in
leading projects right from the convenience of their Bitget Wallet
mobile application. The launch of the platform's ecosystem token on
its very own native launchpad marks a pivotal milestone in Bitget
Wallet's aims to expand its global influence and deepen customer
engagement.
About Bitget Wallet
Bitget Wallet is Asia's
largest and a leading global Web3 wallet with over 20 million users
worldwide. It offers a comprehensive range of features, including
asset management, intelligent market data, swap trading, launchpad,
inscribing, NFT, DApp, and token earning center. Currently, it
supports more than 100 major blockchains, hundreds of
EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget
Wallet enhances liquidity by aggregating it across hundreds of top
DEXs and cross-chain bridges, facilitating seamless trading on
nearly 50 blockchains.
For more information, visit: Website
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