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STATEMENT: Bybit reveals its vision of Web3: Pioneer in simplicity, openness and equality in the decentralized ecosystem

(Information sent by the signatory company).

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STATEMENT: Bybit reveals its vision of Web3: Pioneer in simplicity, openness and equality in the decentralized ecosystem

(Information sent by the signatory company)

DUBAI, UAE, Dec. 14, 2023 /PRNewswire/ -- Bybit, the world's third largest cryptocurrency exchange by volume, today unveiled its Web3 vision for the future on its 5th anniversary, with the goal of creating a decentralized ecosystem that is simpler, open and equal for everyone.

"Our vision for Web3 is an extension of our promise to be the Crypto Ark, safeguarding users' assets and seamlessly integrating them into the world of cryptocurrencies. We want to help more users move from Web2 to Web3, building a decentralized ecosystem that is simpler, more open and equal for everyone," said Ben Zhou, co-founder and CEO of Bybit.

Bybit's Web3 mission and values: Openness redefined

At the core of Bybit's Web3 vision is a commitment to openness. Bybit aims to be open to all builders, creators and partners in the blockchain space. This translates into a commitment to collaboration, exploration and innovation with our community and partners to build an environment where blockchain technology empowers everyone equally.

Bybit's goal is to connect and open currently segregated walled systems into a unified experience that seamlessly connects users across diverse ecosystems, platforms and Web3 services.

Unlocking the promise of Web3

Bybit's strategic approach to achieving its Web3 vision is multifaceted, encompassing infrastructure, applications, ecosystems and user engagement initiatives:

“In a world where division prevails, our goal is to build an ecosystem that breaks down barriers and enables equal opportunities for all,” Ben added.

"This unwavering commitment aligns with Bybit's broader vision of democratizing access to the transformative power of Web3, ensuring its benefits extend far beyond the realms of technology and finance."

About Bybit

Bybit is one of the top three cryptocurrency exchanges by volume with 20 million users established in 2018. It offers a professional platform where cryptocurrency investors and traders can find ultra-fast matching engine, 24/7 customer support 7 and a multilingual support community. Bybit is a proud partner of the reigning Formula One Constructors and Drivers champions: the Oracle Red Bull Racing team.

For more details about Bybit, visit Bybit Press.For media inquiries contact: media@bybit.com For more information visit: https://www.bybit.com For updates follow: Bybit communities and social media

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