The Evolution Of Web 3 Wallets Ft @BitGetWallet & @ParisBlockWeek🔊

About Alvin Kan:

• He's the COO of Bitget Wallets, a self-custodial wallet.

• Based in Singapore 

About Bitget wallet:

• Emerged as the leader in wallets and exchange space.

• Fourth-ranked wallet by global user base 

• Strong product ecosystem including swap, NFT marketplace, dApp browser, Staking, airdrop interaction, and even staking 

• Uniquely provides effective ways for users to be the first to discover new on-chain assets and earn rewards 

• The vision is to bring the next billion users into Web3. To give them a familiar environment to interact with every evolution happening in Web3

The Evolution Of Wallets: 

• The concept, landscape and uses of wallets have changed from 2017 till now & it is a result of the expectations of its users.

• One of the changes that have happened, the wallet commonly used for connecting to dApp is now used for staking, and restaking.

• Wallets now serve as a reliable, comprehensive gateway leading to Web3.

• Bitget Wallet is also leading the charge in the wallet sector to provide ways for users to earn assets, such as via its integrated airdrop interaction tool, Task2Get. 

• On the trading side, users will also be able to leverage effective tools to optimize their trading strategy, including smart money data, and market-wide sentiment analysis.

What are some of the things that we can look forward to in regards to developments for 2024 in Bitget that could sort of aid you guys in bringing on the next billion users into Web3?

• Have launched the BWB points program and token launch coming next

• Unveiling token utility of Bitget token

• Integrating AI functions in UX /UI for better user experience

• Task2Get feature on the mobile app, which brings emerging projects to users and encourages user interaction through incentivized tasks. This brings mutual benefit for new projects as they can register higher on-chain activity, while users will benefit from airdrop rewards just by completing simple interaction tasks. 

The wallet space is getting highly competitive, what would Bitget offer that places it as the preferred option in terms of user experience?

• The best mobile app wallets when it has to do with trading and earning tokens

• Real-time on-chain tokens on the platform 

• Aggregating and listing the latest tokens/ assets

• Fair launch pool for distributing rewards to users

• Uniquely provides effective ways for users to be the first to discover new on-chain assets and earn rewards 

What is the purpose of memecoins and how they fit into the narratives

• A bit risky but it acts as a way of connecting individuals with similar thought patterns 

• People should detach the sense of utility from meme tokens. 

Other narratives to pay attention to

• DePIN 

• Tokenization 

• Ordinals

• BRC20 tokens

• Memecoins

From a wallet perspective, what are you doing to cater for the increasing demand of a multichain blockchain?

• It is important to note that a wallet can't support all chains out there.

• That's because integrations for these chains happen on different layers.

• But we prioritize the chains that have more liquidity, volume, and popularity.

About Bitget Wallet👇

Bitget Wallet is Asia's largest and leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on over 40 blockchains.

For security, Bitget Wallet has a strong system in place. Bitget Wallet users are also eligible to share in a $300 million user protection fund with Bitget, enjoying another layer of added security.

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