BWB Token Offers Wide Utilities In Bitget Ecosystem
JAKARTA - Bitget, the world's leading cryptocurrency exchange and Web3 companies, announced the launch of the BWB token from Bitget Wallet on the spot market Bitget on Thursday, June 6.
Before appearing in the spot market, the BWB token was released in the Launchpad Bitget feature which took place from June 1 to June 6.
As a leading token launch platform, Launchpad Bitget allows users to participate in fundraising for promising projects, offering tokens as a result.
The BWB token offers extensive utilities in the Bitget ecosystem, empowering users through various features.
This allows community governance, which allows token owners to participate in the decision-making process.
Users can stake BWB tokens to get a reward, which then increase the overall yield.
This token will also be part of the integral to pay gas costs in various chains with the release of Account Abstration (AA) wallets in the future.
BWB holders get access to Launchpad, Launchpool, and Airdrop Bitget Wallet events.
Holding a BWB will also make users eligible to get airdrops from projects built on the Bitget Onchain Layer, providing sustainable value and benefits for token holders.
"Menilai Bitget Wallet dan token BWB membutuhkan perspektif yang lebih luas daripada sekadar dompet Web3," COO Bitget Wallet Alvin Kan.
According to him, the decentralized future of the Bitget group lies in Layer Onchain Bitget, an open ecosystem and is built collaboratively as an intermediary layer for user interaction within Web3.
In this framework, the BWB token will not only function as an official Bitget Wallet ecosystem token but also the heart of the Bitget Onchain Layer."
"As our ecosystem continues to grow, the BWB token will play an increasingly significant role in empowerment and applications in the Bitget Onchain Layer, thus expanding its discovery and recognition of value in line with ecosystem development," he added.
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In March 2023, Bitget invested an additional $30 million into the Bitget Wallet (previously known as BitKeep).
Thus, securing controlling stocks and catalyzing comprehensive brand improvements.
Recently, Bitget Wallet has launched a detailed roadmap for 2024, which includes the development of the Bitget Onchain Layer. This initiative is ready to increase the role of platforms as a decentralized extension and future core of the entire Bitget ecosystem.