Bitget Wallet to Launch BWB Token Subscription on Its Launchpad Platform
Global Leading Web3 Wallet
Bitget Wallet
Announced that its official ecosystem token, BWB, will be available for subscription on the Bitget Wallet Launchpad platform at 18:00 (UTC+8) on May 23rd.
Bitget Wallet is a global leading non-custodial Web3 wallet, with product features including multi-chain wallet, smart quotes, Swap, Launchpad, inscription center, and coin earning center. Since its establishment in 2018, Bitget Wallet has accumulated over 20 million users worldwide, becoming one of the largest non-custodial wallets globally. In April 2024, Bitget Swap’s trading order volume and trading amount surpassed MetaMask, creating a historical high.
BWB is the official ecosystem token of Bitget Wallet, with a total supply of 1 billion tokens. 5% of the tokens will be airdropped to participants of the pre-TGE airdrop event, and 1.1% of the tokens will be used for the Public Sale.
It is reported that BWB has multiple use cases within the Bitget Wallet ecosystem, including:
Community governance
Staking
Payment for multi-chain gas fees after the launch of AA Wallet
Eligibility for Bitget Wallet Launchpad & Bitget platform activities
Eligibility for Fair Launchpool, GetDrop, and other airdrop activities
Eligibility for Bitget Onchain Layer ecosystem project airdrops
In this BWB Launchpad subscription event, 0.1% of the total token supply will be provided, which is 1,000,000 BWB tokens. The subscription is divided into two stages: whitelist and public rounds. The eligibility for the public round subscription is open to users who have reached $200 in trading on Bitget Swap this month. The subscription price for each BWB token is $0.1, with a capped mechanism and a first-come, first-served basis. Participants can use USDC on the Base mainnet for subscription within the Bitget Wallet App.
Bitget Wallet Launchpad is a high-quality project subscription platform created by Bitget Wallet. By selecting and collaborating with high-quality projects, it allows more users to participate in token subscriptions in the primary market with low thresholds and obtain high returns. At the same time, with the traffic strength and brand influence of 20 million users, it helps project parties gain more users and attention.
In the latest article released, Bitget Wallet shared its development direction as a Web3 platform – building Bitget Onchain Layer, an intermediate layer that helps users interact better with the complex Web3 world. At the same time, Bitget Wallet will also establish a $10 million BWB ecosystem fund to invest in and support potential Web3 products and assets.
Furthermore, according to the roadmap, Bitget Wallet is not only a Web3 wallet layout for Bitget Exchange but also the on-chain extension and decentralized future of the entire Bitget ecosystem, synergizing with Bitget’s ecosystem resources to form complementary advantages of Onchain + Offchain.
BWB is not only the ecosystem token of Bitget Wallet but also the system token of Bitget Onchain Layer.
Bitget
Bitget Wallet
Further reading
Bitget Wallet Releases Latest Roadmap: Establishing $10 Million BWB Ecosystem Fund, Building Bitget Onchain Layer
Bitget Wallet Launches GetDrop Airdrop Platform! Providing Users with Opportunities to Earn Tokens from High-quality Projects.
