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BitKeep Wallet hits 10 million users driven by successful Arbitrum airdrop

by Dan K
Apr 3, 2023 - 12:00 am
in Blockchain
An illustration of multiple users representing BitKeep Wallet's decentralized multichain digital wallet solution

BitKeep Wallet, a decentralized multichain digital wallet solution, has announced that it has surpassed 10 million users as of April. This achievement is a result of the platform’s successful campaigns with popular blockchains like Arbitrum and Sui.

Arbitrum Campaign

BitKeep’s Arbitrum campaign saw the successful launch of ARBK. This native token recorded 708,800 on-chain transactions and was airdropped to over 100,000 users participating in campaign-related tasks and activities. ARBK was exchangeable for ARB, the official native token of the Arbitrum chain, and ranked first on Arbitrum’s ecosystem popularity chart with 150,000 token-holding addresses, with an interaction volume of 330,000.

Bitget’s Investment

Following BitKeep’s recent success, Bitget, a cryptocurrency derivatives exchange, has invested $30 million into the platform. As a result of the investment, BitKeep will be rebranded as Bitget Wallet but will continue to function as an independent entity both operationally and structurally.

Future Plans

BitKeep plans to continue expanding its Swap function by introducing new cross-chain support for Optimism and Conflux Space, as well as decentralized exchange aggregation support from Swappi, Camelot, and WOO Network. The company also intends to enhance its range of products, with plans to explore MPC (multi-party computation) and AA (account abstraction). Additionally, BitKeep is developing functionalities related to Web3 DID (decentralized identity) and is extending support for the zk-Rollup ecosystem.

Conclusion

BitKeep’s achievement of 10 million users is a testament to the platform’s success in the cryptocurrency market. The successful Arbitrum campaign and the investment from Bitget highlight the platform’s potential for growth and development in the future. BitKeep’s plans for expansion and product enhancement demonstrate its commitment to providing its users with a comprehensive and secure decentralized wallet solution.

Tags: ArbitrumCryptocurrencySUI
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

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