Dubai, United Arab Emirates, August 23rd, 2024, Chainwire

Bybit, the world’s second-largest cryptocurrency exchange, has made waves in the industry with the launch of its groundbreaking Blinks feature. This innovative tool, developed in collaboration with Solana, has redefined how users interact with the Web3 ecosystem on the Web2 platform, setting new records for engagement and participation.

With Blinks, users can trade, buy, and swap cryptocurrencies directly within the Twitter ecosystem, bridging the gap between Web2 and Web3. This integration has made decentralized finance more accessible than ever, lowering the barrier of entry for millions of users.

Record-Breaking Success: Blinks Captures Web3 Audience

The launch event for Blinks drew an unprecedented 1.7 million viewers, setting a new all-time high for Bybit Web3 livestreams. The overwhelming response highlights the demand for user-friendly solutions in the Web3 space.

The Blinks activation campaign, hosted on Airdrop Arcade, saw over 60,000 participants competing for exclusive digital art rewards. By sharing the Blink to their X feeds, users had a chance to unlock rare digital art through airdrops. The campaign also led to 30,000 new wallet creations, showcasing the feature’s effectiveness in onboarding new users to Web3.

A Promising Future of Continued Innovation to Bridge Web2 and Web3

According to Lily Liu, President of the Solana Foundation, the rapid integration of Solana’s Blinks feature into Bybit Web3’s product suite demonstrates the agility and forward-thinking approach of both teams. By leveraging Solana’s technology, Bybit Web3 is democratizing access to decentralized finance.

Ben Zhou, Co-founder and CEO of Bybit, emphasized that the success of the Blinks feature is just the beginning. Bybit Web3 is committed to pushing the boundaries of innovation and enhancing user engagement in the Web3 ecosystem.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange, serving over 40 million users. Established in 2018, Bybit offers a professional platform with an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.

For updates, follow Bybit’s Communities and Social Media.

Contact

Head of PR

Tony Au

Bybit

tony.au@bybit.com

This article was originally published on Chainwire

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