Bybit Web3 Pioneering Bitcoin Layer 2 Adoption with Groundbreaking Airdrop Campaign

Bybit Web3, an extension of Bybit, one of the world's top three crypto exchanges by volume, launches the industry's first Bitcoin Layer 2 Airdrop campaign through its Airdrop Arcade. This endeavor aims to accelerate the adoption of Bitcoin Layer 2 solutions by offering exclusive airdrop rewards and a seamless onboarding experience. With partnerships with leading Layer 2 protocols such as BEVM, B² Network, Mirror Staking Protocol, and Tuna Chain, participants in the campaign can claim a share of a prize pool exceeding $400,000 USD in TGE tokens.

Bybit Web3 Spearheads Bitcoin Layer 2 Adoption with Trailblazing Airdrop Campaign

Dubai, United Arab Emirates, April 26th, 2024 - Bybit, a global powerhouse among crypto exchanges, proudly unveils an industry-defining initiative to foster the widespread adoption of Bitcoin Layer 2 solutions. Bybit Web3's Airdrop Arcade launches the first-of-its-kind Bitcoin Layer 2 Airdrop campaign, offering users exclusive rewards and a seamless entry point into this transformative ecosystem.

A Monumental Leap for Cryptocurrency Enthusiasts

The Airdrop Arcade's Bitcoin Layer 2 Season Campaign represents a pivotal milestone for the cryptocurrency industry. By delivering the first comprehensive on-chain experience of Bitcoin Layer 2, it offers the simplest and most rewarding campaign yet, catering to everyone from seasoned crypto veterans to newcomers eager to explore this vibrant realm. Bybit Web3's mission is to educate the broader market and expedite the embrace of this revolutionary technology.

"Bitcoin Layer 2 represents an extraordinary leap forward for the Bitcoin ecosystem, enabling faster, cheaper, and more scalable transactions," said Ben Zhou, Co-founder and CEO of Bybit. "This aligns seamlessly with Bybit Web3's vision, an extension of our commitment as the Crypto Ark, nurturing a simpler, open, and equally decentralized ecosystem for all. We are honored to collaborate with leading Layer 2 protocols to democratize access to this game-changing technology."

Unlocking a New Frontier in Digital Assets

The Airdrop Arcade's Bitcoin Layer 2 Season invites all users to embark on a journey into the realm of Bitcoin Layer 2, offering an unparalleled range of opportunities:

• Early Bird TGE Airdrops: Gain exclusive access to token rewards from prominent Layer 2 protocols ahead of their official launch.
• Streamlined Airdrop Participation: Engage in Token Generation Events (TGEs) with ease and confidence, with a continuously expanding prize pool.
• Comprehensive On-Chain Experience: Immerse yourself in the first comprehensive on-chain experience of Bitcoin Layer 2, including DeFi, NFTs, and more.

Powering Innovation through Strategic Partnerships

Bybit Web3 has joined forces with some of the most innovative Bitcoin Layer 2 protocols to drive the campaign forward:

• BEVM: The first EVM-compatible Bitcoin Layer 2 based on Taproot that harnesses BTC as gas. BEVM aspires to migrate 10% of Bitcoin's volume to the Layer 2, harnessing its Canary Network with over 100k addresses, 9 million transactions, and collaborations with 30+ projects.
• B² Network: The most user-friendly Bitcoin Layer 2 network, featuring the first EVM-compatible Rollup based on zero-knowledge proof verification commitment on Bitcoin.
• Mirror Staking Protocol: The latest decentralized cross-chain staking solutions, providing a truly decentralized and secure Bitcoin staking solution for POS L1/L2s projects.
• Tuna Chain: The first modular Layer 2 solution on Bitcoin, offering a native stablecoin and a Hybrid ZK-OP solution, seamlessly intertwining Bitcoin's security with Ethereum's versatility.

Join us for our upcoming Bybit's Livestream "FOMO Money vs Serious BUIDLs: Who's the Next Bitcoin Layer-2 Alpha?" on May 8, 2024, at 8AM UTC. Engage in an in-depth discussion with leading minds in Bitcoin Layer 2 as we delve into the future of this transformative technology. Stay tuned for further updates.

Over $400K in Lucrative Airdrop Rewards

Participants in the Bitcoin Layer 2 Season have the opportunity to claim a generous share of a substantial prize pool exceeding $400,000 USD in TGE tokens. This includes original protocol tokens and airdrops from various decentralized applications (dApps) built on top of these Layer 2 solutions.

For comprehensive campaign details and participation instructions, please visit: https://www.bybit.com/en/web3/airdrop

Bybit Web3: Unlocking the Openness of Decentralization

Bybit Web3 is redefining openness in the decentralized world, creating a more accessible, inclusive, and equitable ecosystem for everyone. We welcome builders, creators, and partners in the blockchain space, extending an invitation to crypto enthusiasts and newcomers alike. With a flourishing community of over 1 million wallet users and collaborations with more than 10 major ecosystem partners, Bybit Web3 empowers you to access, swap, collect, and grow your Web3 assets with ease.

Our comprehensive suite of Web3 products is designed to make accessing, swapping, collecting, and growing Web3 assets as open and simple as possible. Our wallets, marketplaces, and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 25 million users worldwide.

Join the Web3 revolution today and unlock your Web3 future with Bybit.

For more details about Bybit, please visit Bybit Web3.

About Bybit

Bybit is one of the world's top three crypto exchanges by trading volume, serving 25 million users worldwide. Established in 2018, it offers a professional platform for crypto investors and traders, featuring an ultra-fast matching engine, 24/7 customer support, and multilingual community assistance. Bybit is proud to collaborate with Formula One's reigning Constructors' and Drivers' champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.

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