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UXLINK (UXLINK): The Future of Web3 Social Platforms

Bitget Academy2024/07/16 08:22
By:Bitget Academy

 

What is UXLINK (UXLINK)?

UXLINK (UXLINK) is a Web3 platform that aims to revolutionize how we interact online by merging social media and blockchain technology. It is the largest Web3 social platform and infrastructure globally, designed to enable users and developers to discover, engage with, distribute, and trade a diverse range of crypto assets. Through trust-based social relationships and group models, UXLINK empowers users with features like social mining, social DEX, and liquidity staking. Additionally, developers benefit from protocols for integrating social graphs and licensing data. UXLINK stands as a pivotal super platform within the Web3 ecosystem, driving the growth of Dapps.

Who Created UXLINK (UXLINK)?

The specific founders of UXLINK are not known. However, the platform has grown significantly since its inception and has gained substantial backing from major investors in the blockchain space.

What VCs Back UXLINK (UXLINK)?

UXLINK has received notable investments to fuel its growth and development. In the first quarter of 2024, UXLINK received over $9 million in investment led by OKX Ventures. By the second quarter of 2024, UXLINK had raised a total of $15 million, with additional funding led by SevenX and HashKey Capital. These investments have been crucial in helping UXLINK expand its user base and develop new features and protocols.

Other partners and backers of UXLINK also include prominent names like UOB, Arbitrum, Animoca Brands, and more.

How UXLINK (UXLINK) Works

UXLINK offers the following features:

Social Mining

Social mining is a unique feature of UXLINK that rewards users for their active participation on the platform. By engaging in various activities such as posting, commenting, and interacting with other users, participants earn Proof of Work (POW) points. These points can then be converted into token rewards. This system incentivizes users to be active and contribute to the community, fostering a vibrant and engaged user base. Social mining essentially turns social interactions into a form of mining, where the 'work' done is the user's engagement and the 'reward' is the cryptocurrency earned.

Social DEX

UXLINK's Social DEX is a decentralized exchange specifically designed for social trading. It allows users to trade a wide range of crypto-assets directly with one another. The Social DEX also integrates social features, allowing users to follow traders, see their activity, and make more informed trading decisions based on the community's insights.

Liquidity Staking (SLP)

Liquidity staking is another innovative feature of UXLINK. Users can stake their crypto assets within the platform's Staking Liquidity Pool (SLP) to receive Proof of Stake (POS) benefits. By staking, users contribute to the platform's liquidity, which is essential for the smooth functioning of the Social DEX and other trading activities. In return, stakers earn rewards, including a share in the future listing rewards of pre-Token Generation Event (TGE) tokens staked by UXLINK ecosystem partners. This mechanism not only incentivizes users to provide liquidity but also offers them potential returns on their staked assets, creating a win-win situation.

AI Group Kits

AI Group Kits are tools powered by artificial intelligence, designed to help users manage and grow their networks more efficiently. These tools automate various aspects of group management, such as member engagement, content moderation, and activity analysis. By leveraging AI, UXLINK enables group leaders to focus on strategic aspects of community building while the AI handles routine tasks. This not only enhances the user experience but also ensures that groups remain active, organized, and relevant.

Group Kits

Group Kits are a set of tools aimed at enhancing social interactions and follower management. These kits include features like group chats, event organization, and collaborative projects, all enhanced by AI to provide a more interactive and engaging experience. Group leaders can use these tools to foster stronger connections within their communities, organize events, and encourage collaborative efforts among members. The AI enhancements help in tailoring interactions based on user preferences and activity patterns, making the social experience more personalized and impactful.

Security Audits

Security is a top priority for UXLINK. To ensure the safety and integrity of its ecosystem, UXLINK's smart contracts undergo rigorous audits by Peckshield, a leading security firm specializing in blockchain technology. These audits involve a comprehensive review of the code to identify and mitigate potential vulnerabilities. By partnering with Peckshield, UXLINK demonstrates its commitment to maintaining high-security standards and provides users with confidence that their assets and data are protected.

UXLINK Goes Live on Bitget

The UXLINK token is the native governance token of the UXLINK platform, the world's largest Web3 social platform and infrastructure.

The UXLINK token allows you to activate and access essential services within the UXLINK ecosystem, pay for transaction fees, commissions, and gas fees, and stake for rewards from various projects. With a limited supply, UXLINK is designed to increase in value as adoption grows. Additionally, holding UXLINK enables you to participate in the governance of the platform, helping shape its future and ensuring alignment with community interests.

Trading UXLINK on Bitget offers a unique opportunity to participate in the growth and governance of this innovative ecosystem.

How to Trade UXLINK on Bitget

Listing time: 18 July 2024

Step 1: Go to UXLINKUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell

Trade UXLINK on Bitget now!

 

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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