Bitget Unveils Onchain Layer and $10M Fund to Boost Web3 Revolution
May 16, 2024![Bitget Unveils Onchain Layer and $10M Fund to Boost Web3 Revolution](https://cdn.brief.news/images/stories/51d238111f6e0cedd7b563deaa9289494bbfcfdb244edd24e42839264a64b3dccc3f38c5bbb1e39460a60e15a6f95514a8df7c1f5d3cd7c4056e0844354a5cb2.png)
Bitget Wallet is launching its Bitget Onchain Layer to innovate the Web3 user experience.
The Onchain Layer will incorporate native DApps, marking Bitget Wallet as a central on-chain platform.
A $10 million BWB Ecosystem Fund has been established to develop the Onchain Layer and support related projects.
The BWB token will play a pivotal role in the ecosystem, providing benefits to holders such as event access and airdrops.
Bitget Wallet's user base has reached 20 million globally, attributed to its user-centric approach and Web3 engagement.
Modular Feature-DApps (MFDs) within the Onchain Layer will aim to simplify user interactions, improve liquidity, and increase security.
The company is focusing on Web3 trading services development, including a Pre-Market and on-chain derivatives.
Bitget Wallet has surpassed MetaMask in Swap data, with record trading and order volumes.
The BWB token distribution includes 47% for the community treasury and 10% for investors.
Bitget Wallet plans to further enhance its platform with high-frequency and essential features for the Web3 ecosystem.
Summary based on 3 sources
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Sources
![Bitget Wallet launches $10M ecosystem fund alongside Onchain Layer](https://cdn.brief.news/static/default-preview-images/4.png)
Cointelegraph • May 15, 2024
Bitget Wallet launches $10M ecosystem fund alongside Onchain Layer![Bitget Wallet Unveils Roadmap for Onchain Layer and $10 Million Web3 Fund](https://cdn.brief.news/images/links/51d238111f6e0cedd7b563deaa9289494bbfcfdb244edd24e42839264a64b3dccc3f38c5bbb1e39460a60e15a6f95514a8df7c1f5d3cd7c4056e0844354a5cb2.png)
BeInCrypto • May 15, 2024
Bitget Wallet Unveils Roadmap for Onchain Layer and $10 Million Web3 Fund![Bitget Wallet Unveils Bitget Onchain Layer, Rolls Out $10M BWB Ecosystem Fund - CoinJournal](https://cdn.brief.news/images/links/0f558404d1b1da5a4c66af7a6a70a5e4f75f2171da47d0ecc6c5f73ed6e98a7730c57f61e0f9289fa0f3102841482852680a337dd118956d25db674faf4ae78c.jpg)
CoinJournal • May 15, 2024
Bitget Wallet Unveils Bitget Onchain Layer, Rolls Out $10M BWB Ecosystem Fund - CoinJournal