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

Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced the resounding success of its innovative Blinks feature, developed in collaboration with Solana. The feature, which made its debut during a high-profile livestream, has shattered industry records for engagement and participation, redefining how users on the Web2 platform interact with the Web3 ecosystem.

Blinks empowers users to seamlessly trade, buy, and swap cryptocurrencies directly within the Twitter ecosystem, bridging the gap between Web2 and Web3. This revolutionary integration has lowered the barrier of entry for millions of users, making decentralized finance more accessible than ever before.

Record-Breaking Success: Blinks Captures Web3 Audience

The launch event for Blinks attracted an unprecedented 1.7 million viewers, setting a new all-time high for Bybit Web3 livestreams. The overwhelming response underscores the significant demand for innovative solutions that simplify the Web3 experience.

The Blinks activation campaign shared via Airdrop Arcade generated extraordinary engagement, with over 60,000 participants vying for exclusive digital art rewards. By sharing the Blink to their X feeds, users get a chance to unlock rare digital art that would win them airdrops. The campaign also saw a remarkable 30,000 new wallet creations, demonstrating the feature's effectiveness in onboarding new users into the Web3 world.

A Promising Future of Continued Innovation to open up and bridge Web2 and Web3

“The rapid integration of Solana’s Blinks feature into Bybit Web3’s product suite is a testament to the agility and forward-thinking approach of both teams,” said Lily Liu, President of the Solana Foundation. “By leveraging Solana’s cutting-edge technology, Bybit Web3 is making significant strides in democratizing access to decentralized finance, and we are thrilled to see the momentum this integration is generating.”

“The success of the Blinks feature is just the beginning,” said Ben Zhou, Co-fonder and CEO of Bybit. “Bybit Web3 is dedicated to continually pushing the boundaries of innovation, providing cutting-edge solutions that enhance user engagement and drive growth in the Web3 ecosystem. This groundbreaking approach not only sets a new standard for the industry but also underscores Bybit Web3’s role as a leader in decentralized finance.”

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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