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Blockchain Press Releases

Bitget Wallet Launches Ecosystem Token BWB with an Airdrop Points Program

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VICTORIA, Seychelles, March 18, 2024 /PRNewswire/ — On March 18th, Bitget Wallet, the leading Web3 wallet in Asia, proudly announced the launch of its official ecosystem token, BWB, along with an innovative BWB Points airdrop event. This marks a significant milestone in the platform’s commitment to enhancing user engagement and fostering a vibrant community ecosystem.

Introduction of the BWB Token and Its Airdrop Initiative

According to the announcement, the total supply of BWB tokens is set at 1 billion, with a generous allocation of 5% dedicated to community airdrops. These airdrops will be distributed as BWB points, offering users the future opportunity to exchange points for actual BWB tokens. This strategic move aims to energize the community and boost participation.

To engage its diverse user base, Bitget Wallet has rolled out a six-week airdrop campaign from March 18th to April 28th. This initiative is divided into two main parts: the “Initial Airdrop”, rewarding loyal users, and the “Task Airdrop”, designed for users who complete certain activities. This streamlined approach aims to enhance participation across the board.

For the “Initial Airdrop”, Bitget Wallet looked back and rewarded existing users based on their previous use of the wallet, such as how many assets they held, their swap transactions, and their participation in various activities. It also gave bonus airdrops to users who had used the Swap feature in other well-known Web3 wallets such as MetaMask, Trust Wallet, and Coinbase Wallet. Additionally, new users who download the Bitget Wallet App during the campaign will receive an airdrop of 50 BWB points.

On the “Task Airdrop”, all Bitget Wallet users have the opportunity to earn BWB points by completing specific tasks. These include keeping assets in the wallet, conducting swap transactions, and inviting friends. Each task offers a different number of points, allowing users to gather points every day.

Speaking about BWB’s future, Bitget Wallet’s COO, Alvin Kan shared, “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. It’s important to us that BWB serves as a key to unlocking exclusive benefits for its holders, offering them a voice in community governance, access to ecosystem airdrops, and a dividend in the rewards driven by the growth of Bitget Wallet.”

Asia’s Leading Web3 Wallet and a Global Top Five Contender

With over five years under its belt, Bitget Wallet has navigated through several market cycles, capitalizing on the rise of DeFi and the mainstreaming of Web3. This strategic navigation has spurred rapid growth in its user base, now exceeding 19 million globally, positioning Bitget Wallet as the largest Web3 wallet in Asia and one of the top five globally.

The wallet’s journey of innovation and growth was further propelled by a $15 million Series A financing round led by Dragonfly. This milestone was followed by a significant acquisition in 2023 by Bitget, one of the top ten global centralized exchanges and top five derivatives exchanges, at a valuation of $300 million. This acquisition not only came with a $30 million investment but also marked a pivotal brand upgrade for Bitget Wallet. Today, anchored in the Bitget Group’s ecosystem, Bitget Wallet plays a crucial role as the gateway to decentralized ecosystems. The upcoming BWB token will thus serve not only as Bitget Wallet’s core asset but also as a fundamental asset and Web3 equity certificate across the Bitget decentralized ecosystem, bridging practical use cases within Bitget Wallet and broader ecosystem engagement.

As the industry shifts towards decentralized asset management and trading, the narrative is also evolving towards a focus on community-driven stories, with Web3 wallets emerging as leaders in this space. Over the years, Bitget Wallet has refined the standards for Web3 wallet products, being the first to offer a full-chain perspective, aggregate DEX prices across all-chains, facilitate seamless cross-chain transactions, and launch an NFT marketplace and Launchpad platform.

Bitget Wallet has evolved beyond a multifunctional Web3 wallet to become a comprehensive platform encompassing a DEX aggregator, NFT marketplace, market analytics tool, Launchpad platform, inscription portal, and a Web3 task platform. This breadth of features and exemplary user experience are the pillars of Bitget Wallet’s competitive edge.

Empowering Users with New Assets and Opportunities

Another cornerstone of Bitget Wallet’s success is its ability to unveil the latest assets and investment opportunities, enabling users to maximize their earnings through innovative product features and strategic operations.

Focusing on new assets and earning opportunities, Bitget Wallet has consistently centered its development around these themes, embedding them into nearly every key feature to ensure users have access to fresh opportunities and enhanced wealth potential.

Bitget Wallet’s unmatched support spans more than 100 major blockchains and numerous EVM-compatible networks, facilitating a seamless Web3 experience. Users can effortlessly manage assets, trade tokens, engage with NFTs, and explore DApps.

At the heart of the wallet, Bitget Swap stands out by supporting multi-chain transactions across more than 40 networks, aggregating data from hundreds of DEXs and cross-chain bridges, and offering an extensive selection of tokens paired with innovative features like gas-free transactions and automatic slippage adjustments. Additionally, its intelligent market analysis tools provide users with real-time insights, helping them make informed trading decisions.

To further enhance user earnings, Bitget Wallet has introduced a comprehensive portal featuring Task2Get, Fair Launchpool, and Invite2Get, among others, providing users with a rich array of rewarding tasks and airdrop activities.

Security is paramount for Bitget Wallet, which has established the GetShield security system to safeguard every transaction and interaction. This system addresses a range of security challenges, including on-chain phishing and fraud, through comprehensive measures such as risk token detection, contract analysis, and more. Additionally, Bitget Wallet benefits from a shared $300 million risk protection fund with Bitget, bolstering its risk mitigation capabilities.

Looking ahead, Alvin elaborated, “The launch of BWB marks a new beginning for us. As we enter this new phase, we’re excited to introduce more innovative products and expand our ecosystem. Our goal with BWB is to bring a billion users into Web3, uncovering new assets and opportunities, and accelerating our journey towards a more community-driven governance model. We want our users to be an integral part of our growth and to share in the successes of Bitget Wallet’s development.”

About Bitget Wallet

Bitget Wallet is Asia’s largest and leading global Web3 trading wallet with over 19 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. 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 over 40 blockchains.

For more information, visit: Website | Twitter | Telegram | Discord

View original content:https://www.prnewswire.co.uk/news-releases/bitget-wallet-launches-ecosystem-token-bwb-with-an-airdrop-points-program-302091403.html

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Blockchain Press Releases

WSPN Empowers Digital Transactions by Teaming Up with 12 New Exchanges for Enhanced Accessibility

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TORTOLA, British Virgin Islands, May 9, 2024 /PRNewswire/ — WSPN, a leading global digital payments company renowned for its commitment to transparency, speed, and efficiency, is excited to announce its latest milestone. In April 2024, WSPN has forged strategic partnerships with 12 new exchanges, marking a significant step forward in advancing digital payment innovation and fostering the widespread adoption of digital asset trading.

Originally established with an exclusive partnership with BitMart, WSPN is dedicated to expanding its reach and impact within the digital payments landscape. By forging alliances with a diverse range of exchanges, WSPN aims to create greater accessibility and liquidity for its flagship digital currency, WUSD (Worldwide USD).

With the primary trading pair on these exchanges being WUSD/USDT, WSPN is poised to catalyze the growth of digital asset trading across multiple platforms. By leveraging the strength of its partnerships, WSPN seeks to empower users with seamless and secure avenues for engaging in digital asset transactions.

WUSD is now available on the following exchanges:

    1. BitMart: A globally recognized digital asset trading platform.
    2. BigOne: A user-friendly cryptocurrency exchange catering to both novice and experienced traders.
    3. Biconomy: An innovative decentralized exchange (DEX) focused on enhancing user experience and security.
    4. HIBT: A leading exchange platform offering a wide range of digital assets for trading.
    5. MEXC: A trusted cryptocurrency exchange providing secure and efficient trading services.
    6. Hotcoin: An emerging exchange platform committed to fostering the growth of digital asset markets.
    7. NexDAX: A next-generation cryptocurrency exchange offering advanced trading features and liquidity solutions.
    8. VinDAX: A premier exchange platform facilitating seamless trading experiences for users worldwide.
    9. CITEX: A dynamic digital asset trading platform with a strong focus on user security and satisfaction.
    10. BankCEX: A reliable exchange platform offering diverse digital asset trading options.
    11. Tidex: An intuitive cryptocurrency exchange empowering users with advanced trading tools and resources.
    12. P2B: A progressive exchange platform dedicated to driving innovation and accessibility in digital asset trading.
    13. Latoken: A leading cryptocurrency exchange with a global presence and a commitment to fostering financial inclusion.

Through these strategic partnerships, WSPN is committed to empowering users with enhanced access to digital payment solutions and expanded opportunities for participating in the burgeoning digital economy. By bridging the gap between traditional finance and the digital realm, WSPN is driving forward the evolution of global commerce.

As WSPN continues to pioneer advancements in digital payments and blockchain technology, these new partnerships serve as a testament to its unwavering dedication to innovation and progress. With WUSD now available on a diverse array of exchanges, users worldwide can seamlessly engage in digital asset trading with confidence and convenience.

About WSPN

WSPN is a global digital payments company that provides transparent, fast, and efficient digital payment solutions leveraging the latest technological advancements of Distributed Ledger Technology (“DLT”). We are dedicated to shaping seamless digital payment solutions for our global partners worldwide at the frontier of future digital payments and financial inclusion.

Worldwide USD (‘WUSD’), WSPN’s flagship USD stablecoin, is a fiat-collateralized stablecoin that is pegged to the U.S. Dollar at a 1:1 ratio. Dedicated to optimizing payment solutions for web3 industry enterprise users, WUSD empower the real economy through secure, compliant digital payments, spanning stablecoins, exchanges and cards, all geared for global expansion.

Learn more: www.wspn.io  | Twitter | LinkedIn | Instagram

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Blockchain Press Releases

HTX Collaborates with Astar Network to Accelerate Blockchain Innovation through the TGE Catalyst Grant

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SINGAPORE, May 8, 2024 /PRNewswire/ — The leading digital assets exchange HTX has collaborated with Astar Network, a blockchain that aims to become Polkadot’s “smart contract hub” and serves as a parachain for Polkadot, in support of its newly launched “TGE Catalyst Grant. This initiative marks a significant step forward in fostering innovation within the blockchain ecosystem, particularly through the Astar zkEVM platform.

The TGE Catalyst Grant is designed to empower emerging projects preparing for their Token Generation Events (TGE) on Astar’s zkEVM. This groundbreaking program provides a holistic support package that includes financial assistance, strategic collaboration with key opinion leaders, and robust marketing campaigns, all aimed at ensuring successful token launches.

“As an active participant in the blockchain sector, HTX is committed to supporting transformative projects that drive the industry forward. Our collaboration with Astar Network through the TGE Catalyst Grant underscores our HTX Ventures’ dedication to nurturing innovation and providing comprehensive market support from the outset,” said Edward, Managing Partner of HTX Ventures. “We are excited to work alongside Astar Network and other leading exchanges to facilitate a new generation of token projects, ensuring they have the tools and support needed to succeed.”

HTX Ventures, the global investment arm of the HTX, has been an investor in Astar Network since 2021, demonstrating a long-term commitment to the growth and success of Astar’s platform and its associated projects.

“We are deeply grateful for the support from HTX and their belief in our vision to expand the frontiers of blockchain technology.” said Astar Network, “This collaboration through the TGE Catalyst Grant not only accelerates our mission at Astar Network but also cultivates significant synergies that will enhance our joint efforts to drive global blockchain innovation. We are excited about the future and look forward to working together to bring about transformative impacts within the ecosystem.”

Key features of the TGE Catalyst Grant include:

  • Strategic CEX Collaboration: Streamlining the listing process and boosting market momentum through collaborations with top CEXs including HTX.
  • Unique Marketing and KOL Alliances: Utilizing Astar’s “SAMURAI Support” marketing framework to enhance project visibility and engagement within the Web3 community.
  • Listing Acceleration Package: Offering financial support for marketing and promotional activities on CEXs, alongside liquidity advisory services and audit support to ensure project readiness and security.

HTX’s involvement in the TGE Catalyst Grant not only strengthens its portfolio of innovative blockchain services but also enhances its role as a catalyst in the decentralized finance (DeFi) landscape.

About HTX:

Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3.

Contact Details

Michael Wang
[email protected]

Company Website
https://www.htx.com/

About Astar:

Astar Network is the gateway for projects across enterprises, entertainment & gaming in Japan and beyond, driving global adoption and delivering web3 to billions. It leverages a cross-virtual machine powered by Polygon and Polkadot to offer customizable blockchain solutions that accelerate web3 adoption. With zk-powered Ethereum L2 Scaling (zkEVM), EVM, WASM, and a cutting-edge ecosystem, Astar delivers robust, secure, and interoperable web3 technology.

Astar zkEVM is the new Layer-2 solution to scale a web3 experience on Ethereum with zero knowledge (ZK) technology. Astar Network connects you to web3.

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Blockchain

Omnichain protocols offer the answer to blockchain fragmentation

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Blockchain fragmentation, stemming from the proliferation of diverse blockchain networks, poses challenges for interoperability and seamless data exchange. In response, omnichain protocols emerge as a solution to bridge these fragmented ecosystems.

These protocols aim to create a unified framework that enables communication and data transfer across multiple blockchain networks. By establishing common standards and protocols, omnichain solutions facilitate interoperability, allowing different blockchains to interact seamlessly.

The adoption of omnichain protocols addresses key issues such as data silos, redundant processes, and inefficiencies caused by blockchain fragmentation. These protocols enable businesses and developers to leverage the strengths of various blockchain networks while mitigating the drawbacks of fragmentation.

With omnichain protocols, organizations can achieve greater flexibility, scalability, and efficiency in their blockchain implementations. These protocols provide a foundation for building interconnected blockchain ecosystems, fostering innovation and collaboration across industries.

As blockchain technology continues to evolve, omnichain protocols play a vital role in overcoming the challenges of blockchain fragmentation and unlocking the full potential of distributed ledger technology.

Source: cointepegraph.com

The post Omnichain protocols offer the answer to blockchain fragmentation appeared first on HIPTHER Alerts.

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