Bitget Wallet Launches Ecosystem Partner Program, Debuts Native BWB Token

Bitget Wallet, a cross-chain Web3 wallet, has launched a partner program to foster active engagement in the decentralized ecosystem. Users can earn BWB Points for their contributions, which can be swapped for the platform's native BWB token. The BWB token will be released in the second quarter of this year, with holders having the opportunity to contribute to the ecosystem's growth and unlock governance, airdrop, and dividend benefits.

Bitget Wallet Unveils Ecosystem Partner Program, Introduces Native BWB Token

Bitget Wallet, the rebranded cross-chain Web3 wallet formerly known as BitKeep, has announced the launch of its Ecosystem Partner Program to foster active engagement within the decentralized ecosystem. This program incentivizes users with BWB Points for their contributions to the protocol and extends to other chains supported by the platform.

BWB Ecosystem Partner Program: Bolstering Engagement

As part of the program, blockchain networks such as BNB Chain, Avalanche, Tron, Injective, and Sushi have joined the initiative, bringing the total number of participating projects to 40. Users interacting with the wallet on these protocols will earn points that contribute to the ecosystem's growth.

BWB Token: Empowering the Community

The launch of the BWB Ecosystem Partner Program follows the unveiling of Bitget's native token, BWB, on March 18, 2024, after a successful fundraising round in 2023. The protocol secured $15 million from investors, with the newly minted token capped at 1 billion.

Token Distribution and Airdrop

Bitget plans to distribute a portion of the BWB tokens to its community, allocating 5% of the total supply for active members. The token distribution will commence from March 18 to April 28, with tokens being released in batches. The first batch, designated as the "initial airdrop," will be distributed to loyal users, while the second group, known as the "task airdrop," will reward users for completing specific tasks.

BWB Token Utility

Holders of BWB tokens will play a vital role in the ecosystem's growth and unlock exclusive benefits. They will have the opportunity to contribute to the platform's governance by voting on proposals and upgrades. Additionally, they will gain access to ecosystem airdrops and dividends generated by Bitget's growth.

Bitget's Acquisition and Growth

In 2022, Bitget, a digital asset derivatives platform, acquired the Asian-based crypto wallet. This acquisition was accompanied by a $30 million investment, integrating the platform into the Bitget group ecosystem.

Since its inception in May 2018, Bitget Wallet has evolved from a cross-chain wallet into a comprehensive platform offering services such as a DEX aggregator, NFT marketplace, market analytics tool, Launchpad platform, inscription portal, and Web3 task platform. The platform currently boasts approximately 19 million registered users worldwide.

Conclusion

The launch of the BWB Ecosystem Partner Program and the introduction of the BWB token mark significant milestones in Bitget Wallet's journey. These initiatives aim to bolster engagement, empower the community, and drive the growth of the decentralized ecosystem. As the platform continues to expand its offerings and embrace Web3, Bitget Wallet remains committed to bringing a billion users into the world of decentralized finance.