UXLINK Secures Over $9M in Funding

UXLINK, a Web3 social platform and infrastructure, has marked a major milestone in its journey, securing over $9 million in a latest funding spherical. This monetary infusion is led by notable traders akin to OKX Ventures, Web3Port Basis, and HongShan, alongside a consortium of strategic backers from various areas together with North America, Asia, and the Center East, highlighting the worldwide confidence in UXLINK’s progressive method to Web3 social networking​​​​​​.

The platform distinguishes itself by emphasizing bi-directional, acquaintance-based social relationships, setting a brand new paradigm in social interplay throughout the Web3 area. In contrast to typical social infrastructures that target unilateral, follow-based dynamics, UXLINK introduces a extra interactive and mutual relationship mannequin, akin to the transition from platforms like Twitter to extra relational areas akin to Fb​​.

A cornerstone of UXLINK’s fast development and market consideration is its progressive product choices, together with the Social DEX module and UX Progress (Hyperlink to Earn) module, underpinned by distinctive knowledge integration and the RWS social protocols. This strategic basis helps the forthcoming launch of a Social Liquidity Chain leveraging OP Stack L2 and EigenDA applied sciences, aiming to reinforce assist for builders and third-party Dapps​​.

The platform’s compelling development narrative is additional validated by its spectacular consumer engagement metrics. Since its product launch in April 2023, UXLINK has attracted over 3.5 million verified customers and facilitated the creation of greater than 75,000 decentralized teams, collectively reaching over 6 million customers throughout key international markets akin to Southeast Asia, the Center East, Europe, South Asia, and Africa​​.

Current achievements underscore UXLINK’s market resonance, with a groundbreaking marketing campaign in early 2024 resulting in the creation and connection of 978,000 new Web3 pockets addresses and a deposit asset accumulation of $78 million. This feat not solely demonstrates the platform’s functionality to interact a large consumer base but additionally underlines the excessive belief and effectivity facilitated by means of its distinctive social networking mannequin​​​​​​.

UXLINK’s roadmap consists of the formidable Odyssey Airdrop initiative’s third part, promising new options like pockets registration, binding, and check-ins, alongside rewarding group engagement by means of token incentives. The initiative’s success, evidenced by the participation of over 40,000 people, hints on the platform’s potential to change into a cornerstone within the Web3 ecosystem, providing a next-generation site visitors and protocol-based infrastructure​​.

The latest funding spherical not solely fortifies UXLINK’s monetary basis but additionally reaffirms the tech and investor communities’ perception in its progressive method to Web3 social networking. With a imaginative and prescient to harmonize Web3 providers with mainstream social platforms, UXLINK is poised to redefine consumer expertise within the decentralized net, fostering a extra related and accessible digital future.

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