OKX Ventures announces leading investment in Web3 social infrastructure UXLINK

2024-03-13 10:49:58
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ChainCatcher news, OKX Ventures announced its lead investment in UXLINK, which is a Web3 infrastructure based on acquaintance social relationships, dedicated to creating an integrated social ecosystem that includes Web3 entry points, socialized decentralized exchanges, and more. Unlike other social infrastructure projects that primarily focus on one-way following relationships, UXLINK emphasizes two-way, acquaintance-based social relationships, similar to the structural differences between Twitter vs. Facebook; Weibo vs. WeChat. The UXLINK product includes both application and infrastructure layers. The application layer mainly consists of the Socialized DEX module and the UX Growth (Link to Earn) module; the infrastructure layer includes multi-layer data integrating acquaintance social relationships and the RWS social protocol, supporting ecosystem developers and third-party usage.

Dora Yue, founder of OKX Ventures, stated that the Web3 social infrastructure UXLINK is rapidly developing through the innovative model of 'acquaintance social' and 'groups.' The project has been online for only 10 months and has already covered millions of users, fully validating the high-efficiency dissemination and rapid growth brought by this model. We look forward to seeing UXLINK seamlessly bring the vast user base of Web2 into the world of Web3.

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