UXLINK, a Web3 social platform, has secured $9 million in funding led by OKX Ventures, Web3Port Foundation and HongShan for its interactive social networking approach, signaling global confidence in its innovative model.
UXLINK, a Web3 social platform and infrastructure, has achieved a significant milestone by securing over $9 million in its latest funding round. This financial commitment is led by a consortium of high-profile investors such as OKX Ventures, Web3Port Foundation and HongShan, and strategic backers from diverse regions including North America, Asia and the Middle East, highlighting global confidence in UXLINK’s innovative approach to Web3 Social. Networking.
This platform differentiates itself by emphasizing two-way, acquaintance-based social relationships, presenting a new paradigm for social interaction within the Web3 space. Unlike traditional social infrastructures that focus on one-sided, follow-based dynamics, UXLINK introduces a more interactive and reciprocal relationship model, similar to the shift from platforms like Twitter to relational spaces like Facebook.
The cornerstone of UXLINK’s rapid growth and market interest is its unique data integration and innovative product offerings, including the Social DEX module and the UX Growth (Link to Earn) module based on the RWS social protocol. This strategic foundation supports the launch of a social liquidity chain leveraging OP Stack L2 and EigenDA technologies with the goal of strengthening support for developers and third-party Dapps.
The platform’s strong growth narrative is further validated by impressive user engagement metrics. Since its product launch in April 2023, UXLINK has attracted over 3.5 million verified users and facilitated the creation of over 75,000 decentralized groups, reaching a total of over 6 million users in key global markets including Southeast Asia, the Middle East, Europe, and South Asia. . , and Africa.
Recent achievements highlight UXLINK’s market resonance, with a groundbreaking campaign in early 2024 leading to the creation and linking of 978,000 new Web3 wallet addresses and the accumulation of $78 million in deposited assets. This achievement not only demonstrates the platform’s ability to reach a broad user base, but also highlights the high level of trust and efficiency promoted through its unique social networking model.
UXLINK’s roadmap includes the third phase of its ambitious Odyssey Airdrop initiative, promising new features such as wallet registration, binding, and check-in, and rewarding community participation through token incentives. The success of this initiative, demonstrated by the participation of over 40,000 individuals, hints at the platform’s potential to become a cornerstone of the Web3 ecosystem, delivering the next generation of traffic and protocol-based infrastructure.
The latest funding round not only strengthens UXLINK’s financial foundation, but also reaffirms the technology and investor community’s faith in its innovative approach to Web3 social networking. With a vision to harmonize Web3 services with mainstream social platforms, UXLINK is poised to redefine the user experience on the decentralized web, fostering a more connected and accessible digital future.
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