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Bitget Wallet Debuts Task2Get, a Web3 Exploration Incentive Platform, with ZetaChain Interactive Campaign

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VICTORIA, Seychelles, Nov. 20, 2023 /PRNewswire/ — Following its brand upgrade from BitKeep Wallet, the world-leading all-in-one Web3 trading wallet Bitget Wallet has set its sights on improving overall user access to the decentralized finance (DeFi) ecosystem and discovering even better opportunities in the world of Web3. Its latest initiative, Task2Get, serves as a revolutionary Web3 exploration platform that provides users with attractive incentives for interacting with and completing a variety of different on-chain tasks.

Task2Get is primarily designed to fulfill two key functions: keeping users at the forefront of promising emerging projects; and rewarding users for interacting with them. This exciting initiative carefully curates and showcases the hottest projects to enter the Web3 ecosystem, providing a convenient avenue for users to interact with these projects, securing their spot for potential airdrops in the future. Additionally, the Task2Get platform also provides attractive rewards for users who complete set interaction tasks with featured projects, providing yet another incentive layer for users to earn while trying their hands on up-and-coming protocols and projects.

Kicking off the first phase of Task2Get, we are excited to collaborate with ZetaChain. This innovative EVM-Layer 1 blockchain connects all chains – even non-smart chains like Bitcoin network. ZetaChain is also known for its seamless connectivity across any blockchain and layer, supported by its Omnichain Smart Contracts. With a focus on facilitating interaction with the ZetaChain testnet ecosystem, Task2Get features 6 prominent DApps for users to interact with: XDAO, LENX, iZUMi Finance, Eddy Finance, Bounce Finance, and zkMe. Bitget Wallet users will stand a chance to win their share of 700,000 ZETA for completing interaction tasks, as well as exclusive Bitget Wallet x ZetaChain commemorative NFTs – which will provide holders with access to exciting periodic airdrops by Bitget Wallet.

One-Stop Airdrop Interaction Platform on Mobile

With the rise of numerous mainnets and projects in Web3, airdrop interaction has grown to become an increasingly popular way for users to explore emerging projects while also earning exciting rewards. However, the limited mobility of desktop computers is an obstacle that prevents users from capitalizing on these opportunities while on the go. Moreover, the overwhelming amount of information available may make it difficult for users to decide which project they wish to invest their time in. Identifying and tracking promising projects within such a context therefore requires not only high levels of experience and skill, but also significant investments in time and effort.

Task2Get was conceptualized specifically to solve these issues by serving as a one-stop airdrop interaction platform dedicated to mobile users. Featuring a clear and user-friendly interface that consolidates key DApps from various mainnets for the user’s perusal, Task2Get ensures that users have access to concise and step-by-step instructions to perform their on-chain interactions with unbeatable ease, directly from their mobile device.

Additionally, Task2Get also boasts a robust suite of interactive tools to further enhance overall user experience. Ranging from educational guides to shared experiences from Key Opinion Leaders (KOLs), users will be able to find a rich diversity of resources to assist them in enhancing their interaction levels. The platform also offers real-time query tools, enabling users to track their wallet interactions, including records, rankings, and gas consumption details. Placing user security as its top priority, Task2Get integrates a contract authorization detection feature that allows users to manage their authorization permissions and revoke any granted to potentially suspicious contracts to ensure the safety of their assets.

Recognizing that the process of interacting with airdrops can become tedious after a while, Task2Get introduces a refreshing element of surprise by rewarding users with random NFTs upon the completion of each task. These NFTs not only entitle users to potential future airdrops, but also allow them to track their interaction progress and rankings, encouraging users on their airdrop interaction journey. tion.

Seasoned Web3 veterans and newcomers alike will undoubtedly find their airdrops needs met with Task2Get, streamlining and bolstering their expedition into the frontiers of DeFi.

Holding Collaborative Ecosystem Incentive Events with Mainnets and Projects

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In line with its vision of serving as the ultimate Web3 trading wallet, Bitget Wallet goes beyond just offering unmatched opportunities for users to capitalize on valuable trading opportunities via its integrated swap service. It also hosts various rewarding events for users to experience different mainnet ecosystems and enjoy rewards for doing so, providing a mutually beneficial way to grow the overall Web3 ecosystem.

Within the wallet, users are invited to engage in diverse incentive-driven activities, including ecosystem incentives for specific mainnets, project-based airdrops, Invite2Get invitation-earning schemes, and dynamic on-chain trading competitions. These activities are launched regularly, offering users a dual experience of earning substantial rewards and enjoying the vibrancy of Web3.

Bitget Wallet boasts an impressive track record of leading large-scale and exciting campaigns with industry-leading networks and projects, including Solana, Mantle, Galxe, and more. Participation methods are versatile, encompassing holding wallet positions, executing Swap transactions, utilizing DApps, and inviting friends, with rewards varying from native tokens and whitelists to NFTs. Statistically, Bitget Wallet distributes approximately $100,000 in monthly airdrop benefits to its users through these diverse activities.

With the introduction of Task2Get, Bitget Wallet aims to rally together with emerging market trends and projects, providing its users with unprecedented access to explore the broader Web3 on-chain ecosystem while earning exciting rewards at the same time.

Fostering Strong Connections Between Projects and Users

Since its inception in 2018, Bitget Wallet garnered the trust of over 12 million users worldwide, marking its position as one of the world’s top ten crypto wallets. Task2Get is set to capitalize on Bitget Wallet’s extensive user base and significant market impact to create a robust platform for growth and exposure, benefiting both emerging and established projects.

Currently, Bitget Wallet supports over 90 mainnets and offers comprehensive functions like wallets, swap tradings, real-time smart quotes, NFT marketplaces, and DApp interactions. This comprehensive support empowers mainnets and project teams, facilitating users to complete various tasks within the wallet ecosystem, thereby driving continuous participation and active engagement in ecological projects.

Task2Get is committed to the continued and extensive collaboration with industry-leading partners, bridging mainnets, ecosystem projects, and users. This initiative fosters user-project interactions, enhances project visibility, attracts active user participation, and partners with projects to deliver more benefits to users, aiding them in navigating the vibrant Web3 landscape.

About Bitget Wallet (Web3 trading wallet)

Formerly known as BitKeep, Bitget Wallet stands as Asia’s largest and global frontrunner among all-in-one Web3 trading wallets. We offer a comprehensive range of on-chain products and DeFi services to our users, including wallet functionality, Swap feature, NFT trading, DApp browsing, MPC Wallet and more.

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With a 5-year legacy, Bitget Wallet has garnered acclaim from over 12 million users worldwide and has secured partnerships with prominent industry leaders including Ethereum, BNB Chain, Arbitrum, Polygon, Solana, Base, and others. This success stems from our commitment to consistently delivering secure and convenient products and services.

In March 2023, Bitget, a leading crypto derivatives trading platform made a substantial $30 million investment in BitKeep, acquiring a controlling stake. Following this strategic move, BitKeep underwent a transformative and strategic brand evolution in August, officially rebranding itself as Bitget Wallet.

For more information, visit: Website | Twitter | Telegram | Discord

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Sc3 Asset Management and National Capital Company to Launch U.S. Defense Industrial Base Private Equity Platform

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RIYADH, Saudi Arabia, May 26, 2025 /PRNewswire/ — Sc3 Asset Management announces that it is entering into a Memorandum of Understanding (MOU) to co-manage and launch a U.S. defense industrial base private equity platform in partnership with National Capital, a Capital Market Authority (CMA) regulated and licensed Saudi based Capital Market Institution.

This initiative is designed to pursue the rapid development and commercialization of key defense technologies – both within the United States and with allied nations – in support of the global mission.

This announcement comes alongside the historic U.S.–Saudi trade mission and reflects a shared commitment to strengthening transnational security cooperation, advancing sovereign innovation, and mobilizing trusted capital toward mission–critical infrastructure.

About National Capital KSA

National Capital Company (NCC) is a licensed Saudi–based Capital Market Institution regulated by the Capital Market Authority (CMA) of Saudi Arabia. NCC offers a full range of investment banking services, alternative investments asset management, advisory & arranging, and private equity & VC; with a strong focus on aligning capital with strategic sectors under Saudi Vision 2030. The firm provides robust financial governance, Shariah–compliant offerings, and is a trusted partner for domestic and international investment initiatives across the Kingdom of Saudi Arabia.

Learn more: www.nationalcapital.com.sa

About Sc3 Asset Management

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Sc3 Asset Management is a U.S.-based alternative asset management firm focused on private equity, real estate, venture capital and private credit. The organization’s primary focus is on national security, aerospace, and emerging technologies. With decades of experience in defense sector investment and intelligence community operations as well as extensive experience as global asset manager, Sc3 specializes in aligning capital with mission-driven innovation. The firm supports technology commercialization, defense industrial base resilience, and sovereign infrastructure initiatives critical to U.S. and allied interests.

Learn more: www.sc3assetmanagement.com

About GIS QSP Skunkworks Inc.

GIS QSP Skunkworks KSA is a Saudi-based joint venture formed through an exclusive agreement between Science Technology for Development and Industrial Investment (Science Tech) and GIS QSP Skunkworks Inc., a U.S.  Cyber Defense technology Company that provides solutions to Critical Infrastructure including quantum-resilient, mission-grade cybersecurity solutions to help secure IT, OT, and IOT networks and is headquartered in Mobile, Alabama.

GIS QSP Skunkworks KSA serves as a strategic platform for sovereign cyber capability development, secure hardware manufacturing, and public-private technology transfer aligned with Saudi Arabia’s Vision 2030.

The JV is positioned to support critical national security, defense-industrial, and commercial infrastructure modernization initiatives across the Kingdom and the broader GCC region.

https://www.gisqspskunkworks.com/

For media inquiries:
Kimberly Gretta
[email protected]

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Acne Medicine Market to Reach USD 4.27 Billion by 2029 | Key Trends in OTC & Prescription Segments Revealed | Valuates Reports

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BANGALORE, India , May 23, 2025 /PRNewswire/ — Acne Medicine Market is Segmented by Type (OTC, Prescription Medicine), by Application (Topical, Oral).

The Global Acne Medicine revenue was USD 3616.6 Million in 2022 and is forecast to a readjusted size of USD 4273.4 Million by 2029 with a CAGR of 3.4% during the review period (2023-2029).

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Major Factors Driving the Growth of Acne Medicine Market:

The acne medicine market is experiencing significant growth propelled by rising acne prevalence, evolving skincare routines, and the growing demand for effective, accessible treatments. With options ranging from over-the-counter products to prescription solutions, the market caters to a broad consumer base. Continuous innovation, influencer marketing, and the expansion of telehealth services are reshaping how consumers approach acne management. Moreover, increasing interest in natural formulations and dermatologically tested products is redefining consumer preferences. As dermatology services become more accessible and digital platforms democratize skincare advice, the acne medicine market is expected to witness sustained growth, particularly across urban, youth-centric, and emerging economies.

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TRENDS INFLUENCING THE GROWTH OF THE ACNE MEDICINE MARKET:

Prescription medicines play a crucial role in driving the growth of the acne medicine market due to their high efficacy in treating moderate to severe acne. Dermatologists often prescribe topical retinoids, oral antibiotics, or isotretinoin for patients who do not respond to over-the-counter treatments. The increasing awareness among patients regarding the benefits of dermatologist-prescribed treatments has contributed to growing demand. Moreover, insurance coverage in several developed markets encourages patients to opt for prescription medications. The expanding teenage and young adult population suffering from persistent acne has also led to a surge in dermatological consultations, boosting prescription volumes. In addition, innovations in formulation and fewer side effects in newer drugs are enhancing consumer confidence, further accelerating market growth.

Over-the-counter (OTC) acne medications significantly contribute to the expansion of the acne medicine market by providing accessible and affordable solutions. Consumers prefer OTC products due to the convenience of purchase without a prescription and the availability of a wide range of options including gels, creams, face washes, and patches. Ingredients such as benzoyl peroxide, salicylic acid, and alpha hydroxy acids are commonly found in OTC products, offering effective treatment for mild to moderate acne. The rise of e-commerce platforms has made OTC acne solutions easily available to consumers globally, boosting sales. Additionally, aggressive marketing strategies and endorsements from influencers and dermatologists have elevated product visibility, encouraging higher consumer adoption and fueling market growth.

Oral acne medications are propelling market growth due to their effectiveness in treating severe and persistent acne conditions. These include oral antibiotics, hormonal treatments, and isotretinoin, which target internal root causes such as bacterial infections, hormonal imbalances, and sebum production. With increasing diagnosis and awareness of acne’s systemic causes, dermatologists are more likely to prescribe oral treatments. Additionally, the demand for fast and long-term results is driving preference for oral therapies. The pharmaceutical industry’s efforts to improve drug tolerability and reduce side effects have made oral acne medications more acceptable among patients. Furthermore, the rise in adult acne, particularly among women, has increased the prescription of oral hormonal therapies, expanding the overall market.

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The growing prevalence of acne, especially among teenagers and young adults, is a key factor driving the acne medicine market. Hormonal changes, stress, dietary patterns, and environmental pollution contribute to acne outbreaks. As awareness of skin health increases, more individuals are actively seeking treatment options. This rising demand fuels product innovation and launches, encouraging manufacturers to develop both preventive and treatment-based medicines. Adult acne, particularly among working women, is also becoming a notable concern, pushing demand for specialized medications and dermatologist consultations. This demographic shift ensures a sustained need for effective acne therapies, thereby accelerating the overall market growth across both prescription and OTC segments.

Improved access to dermatology services and clinics is significantly influencing the acne medicine market. In both developed and developing economies, the number of dermatologists and specialized skincare centers is increasing. Government initiatives, insurance coverage, and urbanization are enhancing access to treatment. Additionally, teledermatology and online consultations have emerged as viable options for people in remote locations, further expanding the reach of acne treatments. The availability of professional guidance leads to increased prescriptions, higher treatment adherence, and more usage of both oral and topical medications. As healthcare infrastructure strengthens, especially in emerging markets, the demand for acne medicines continues to rise.

The rising emphasis on personal grooming and aesthetic appearance, particularly among younger populations, is boosting demand for acne solutions. Social media and digital influence are driving awareness about clear skin as a beauty standard, leading to increased spending on skincare products. Educational campaigns by brands, along with dermatologist-backed content, have contributed to de-stigmatizing acne while promoting proactive treatment. Consumers are becoming more knowledgeable about product ingredients and their effects, leading to demand for scientifically backed and dermatologically tested medicines. As people seek long-term solutions rather than quick fixes, the market is witnessing a surge in sustained usage of acne therapies.

There is a noticeable shift in consumer preferences toward natural and clean-label acne medications. Increasing awareness about the long-term impact of chemical-based products and concerns over skin sensitivity have pushed demand for safer, plant-based alternatives. Herbal formulations using tea tree oil, aloe vera, witch hazel, and green tea are becoming popular among eco-conscious consumers. Companies are responding by launching certified, cruelty-free, and non-toxic product lines, aligning with the values of sustainability and wellness. This trend is opening new growth avenues, especially in the premium segment, contributing to the diversification of the acne medicine market landscape.

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ACNE MEDICINE MARKET SHARE:

Global core acne medicine manufacturers include Galderma, Bausch Health, Teva etc.The top 3 companies hold a share of about 50%.

North America is the largest market, with a share of about 50%, followed by Europe and Asia Pacific with the share of about 25% and 15%.North America leads due to high awareness, dermatologist availability, and product innovation. Asia-Pacific shows rapid growth driven by a large youth population, increasing urbanization, and rising income levels. Europe benefits from robust healthcare systems and increasing cosmetic concerns.

In terms of product, prescription medicine is the largest segment, with a share over 77%.

And in terms of application, the largest application is topical, followed by oral.

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Key Companies:

  • Galderma
  • Galderma S A
  • Bausch Health
  • TEVA
  • GlaxoSmithKline PLC
  • Mylan NV
  • Almirall
  • Sun Pharma
  • Mayne Pharma
  • Lion
  • HUAPONT
  • Sine Pharma

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–          Acne Products Market
–          Baby Acne Medicine Market
–          The global Oral Acne Medicine market was valued at USD 929.9 Million in 2023 and is anticipated to reach USD 1144.1 Million by 2030, witnessing a CAGR of 3.0% during the forecast period 2024-2030.
–          Consumer Acne Medicine Market
–          The global market for Topical Acne Medication was estimated to be worth USD 2685.7 Million in 2023 and is forecast to a readjusted size of USD 4015.4 Million by 2030 with a CAGR of 6.0% during the forecast period 2024-2030
–          The global market for Acne Drugs was estimated to be worth USD 3616.6 Million in 2023 and is forecast to a readjusted size of USD 4592.8 Million by 2030 with a CAGR of 3.4% during the forecast period 2024-2030.
–          LED Light Therapy Face Masks Market
–          Anti-acne Dermal Patch Market
–          Dissolvable Microneedle Patches market was valued at USD 485 Million in 2023 and is anticipated to reach USD 747 Million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
–          The global market for Cosmetics Microneedle Patches was valued at USD 472 Million in the year 2024 and is projected to reach a revised size of USD 748 Million by 2031, growing at a CAGR of 6.9% during the forecast period.
–          Moderate To Severe Acne Therapeutics Market

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Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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MBZUAI Launches Institute of Foundation Models and Establishes Silicon Valley AI Lab

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SAN FRANCISCO, May 23, 2025 /PRNewswire/ — Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has expanded its global footprint with the launch of its Institute of Foundation Models (IFM). The IFM is a multi-site initiative consisting of a newly established Silicon Valley Lab in Sunnyvale, CA, combined with previously announced lab facilities in Paris and Abu Dhabi.

 

 

The launch event yesterday at the Computer History Museum in Mountain View, establishes the third node in its global research network. This strategic expansion connects the university with California’s vibrant ecosystem of AI researchers, startups, and tech companies.

For the UAE and MBZUAI, this move represents another strategic step in the country’s long-term economic diversification plan. By investing in cutting-edge technologies like advanced AI foundation models, the UAE continues to build knowledge-based sectors to support its long-term economic and social transformation efforts.

“Today’s launch of the IFM represents a major step forward for the collaboration and global development of frontier-class AI foundation models,” said Professor Eric Xing, President and University Professor, MBZUAI. “Our expansion into Silicon Valley provides a critical footprint to grow our presence in one of the most vibrant AI ecosystems in the world. We’re creating pathways for knowledge exchange with leading institutions and accessing a talent pool that understands how to scale research into real-world applications.”

The launch event drew representatives from the world’s leading AI companies and academic institutions, highlighting the growing interest in MBZUAI’s global approach to foundation model research.

At the heart of MBZUAI’s demonstrations was PAN, a world model capable of infinite simulations of diverse realities ranging from basic physical interactions to complex agent scenarios.

Unlike previous systems focused primarily on generating text, audio, or images, PAN predicts comprehensive world states by integrating multimodal inputs like language, video, spatial data, and physical actions. This enables advanced reasoning, strategic planning, and nuanced decision-making for applications from autonomous driving to robotics.

PAN’s innovative hierarchical architecture supports multi-level reasoning and real-time interaction within simulations, maintaining high accuracy over extended scenarios. Its companion, PAN-Agent, showcases its utility in multimodal reasoning tasks, such as mathematics and coding, within dynamic simulated environments.

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K2 and JAIS: Advanced Foundation Models with Global Impact

The IFM lab is also advancing two flagship AI systems demonstrating the commitment to further advance frontier-class foundation models: K2 and JAIS.

A soon to be released update to K2-65B will focus on delivering breakthrough reasoning capabilities with sustainable performance.

JAIS stands as the world’s most advanced Arabic large language model. At the IFM JAIS will continue to expand in capability with increased language support and add more context to preserve and promote the cultures it supports.

Building AI in the Open: Transparency as a Core Value

MBZUAI has established one of the industry’s most transparent approaches to AI development, open-sourcing not just models but entire development processes—positioning IFM as a leader in building openly. The LLM360 initiative provides researchers with complete materials including training code, datasets, and model checkpoints. This openness is balanced with safeguards including international advisory boards and peer review processes that maintain research integrity.

The IFM’s structure includes dedicated teams focused on model architecture, training methods, evaluation frameworks, and safety systems—combining the agility of a startup with the resources of an established research institution.

About Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) 

MBZUAI is a research-focused university in Abu Dhabi, and the first university dedicated entirely to the advancement of science through AI. For more information, visit www.mbzuai.ac.ae

For press inquiries:
Aya Sakoury 
Head of PR and Strategic Communications
[email protected] 

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