UXLINK Price

UXLINK is a Web3 social platform that integrates blockchain technology to enhance social connections and financial transactions. It focuses on creating a decentralized social infrastructure, enabling users to build and monetize social networks. The platform uses Telegram as its base, allowing users to form groups and engage in "link-to-earn" activities, where they earn rewards by inviting others and participating in community activities.

UXLINK supports multiple blockchain networks, including Ethereum, BNB Chain, and Polygon, offering flexibility and scalability. It emphasizes user privacy and data security, implementing robust verification processes to ensure authentic interactions. The platform has a growing user base, recently surpassing 10 million users, and aims to drive mass adoption of SocialFi by simplifying blockchain technology and fostering genuine social connections.

UXLINK emphasizes user ownership of data and relationships, aiming to create a decentralized and user-centric social network. The platform's focus on real social connections and privacy sets it apart from traditional social media. UXLINK leverages three main layers:

1. Application Layer: This layer includes features like UX Discover and Social DEX. It allows users to explore, participate in group contexts, and trade cryptocurrencies.
2. Protocol Layer: This layer manages social identities and relationships. It provides APIs for developers to create personalized experiences and secure data management.
3. Infrastructure Layer: This combines EVM (Ethereum Virtual Machine), IPFS (InterPlanetary File System), and cloud computing to provide scalable and secure services across multiple blockchains like Ethereum, BNB Chain, and Polygon.

Users interact with UXLINK mainly through Telegram, where they form and manage groups. These groups help users build and expand their social networks, earning rewards through a "link-to-earn" model. This model rewards users for inviting others to join and participate in the community.

The UXLINK web3 social platform was launched in April 2023. The key founders of UXLINK include Abao Wu, who leads a team with extensive experience in social products and Web3 technologies.

UXLINK Roadmap

• 2023: Introduction of key features like UX Invite, UX Wallet, and AI GroupKits. The platform reached 1 million users and conducted an airdrop.
• 2024: Continued growth with features like Social DEX and additional funding rounds. The platform expanded to support over 6 million users and established more than 75,000 decentralized groups.
• 2025 and beyond: Plans to introduce a Social Liquidity Layer and further enhancements to support ecosystem developers and third-party applications. The aim is to drive mass adoption and become a leading Web3 social platform.

The $UXLINK token serves several key purposes within the UXLINK ecosystem:

1. Incentives and Rewards: You earn UXLINK tokens by participating in the platform's "link-to-earn" activities. By inviting others to join the community and completing tasks, you can accumulate rewards in UXLINK tokens.
2. Transaction Fees: The platform charges gas fees for data movements and service fees for dApp developers. These fees are paid using UXLINK tokens, which helps maintain the ecosystem's operations.
3. Community Development: Tokens are used to support community development and manage token supplies. This includes funding new features, supporting ecosystem growth, and rewarding active users.
4. Trading and Services: You can trade cryptocurrencies and access various services on the platform using UXLINK tokens. This includes buying tools, NFTs, and other digital assets within the UXLINK network.
5. Trade UXLINK on KuCoin: Trade $UXLINK token against other cryptos listed on the KuCoin Spot Market to make the most of changing market conditions and volatility. Based on your research and risk tolerance, you can buy, sell, or HODL UXLINK crypto in your portfolio.

UXLINK has a total supply of 1 billion tokens. The token allocation is given below:

1. Community: 65% of the tokens are allocated to the community. This large portion is meant to encourage user engagement, participation, and rewards through various platform activities.
2. Investors: 21.25% of the tokens are reserved for investors. This allocation helps in securing funds for the development and growth of the platform.
3. Team: 8.75% of the tokens are allocated to the team. This is to ensure the team members are incentivized and rewarded for their efforts in building and maintaining the platform.
4. Treasury: 5% of the tokens are kept in the treasury. These funds are used for future development, marketing, and unforeseen expenses that the platform may encounter.