UXLINK has completed over $9 million in financing, with leading investment institutions including OKX Ventures and Matrixport Ventures

UXLINK
2024-03-14 14:55:39
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The unique value of familiar social networks lies in the depth of data and organizational form.

Web3 acquaintance social platform and infrastructure project UXLINK has recently completed a new round of financing, with a total financing amount exceeding 9 million USD. This round of investors includes OKX Ventures, Manifold, Web3Port Foundation, UOB Venture, Comma3 Ventures, Cypher Capital, Kucoin Ventures, Gate Labs, Forgame (0484.HK), ECV, Signum Capital, 7UPDAO, and participated in the Stanford Blockchain Accelerator. According to Singapore company registration information, HongShan, Matrixport Ventures, and ZhenFund are also among the listed investors. From the distribution of investors, they come from North America, Asia, and the Middle East, including both leading crypto investment institutions and exchange-led funds, as well as listed companies as strategic partners. The community reveals that UXLINK is likely to complete another round of financing before the TGE.

UXLINK is committed to leading an integrated social ecosystem that combines Web3 traffic entry, social trading platforms, and infrastructure

Unlike other social infrastructure projects that primarily focus on one-way following relationships, UXLINK is the first to emphasize two-way, acquaintance social relationships, similar to the structural differences between Twitter vs. Facebook; Weibo vs. WeChat. UXLINK's products include mutually reinforcing application and infrastructure layers: the application layer mainly includes the Social DEX module and the UX Growth (Link to Earn) module; the infrastructure layer includes multi-layer data that integrates acquaintance social relationships and the RWS social protocol, with plans to launch an innovative Social Liquidity Layer that utilizes OP Stack L2 and EigenDA technologies to better support ecosystem developers and third-party usage.

UXLINK will create infinite possibilities through a new type of social interaction

"In the Web1.0 and Web2.0 eras, great products based on acquaintance social relationships emerged, such as Facebook and WeChat, becoming the main driving force and infrastructure for mass adoption; UXLINK is the pioneer of Web3 acquaintance social, where acquaintance relationships can maximize trust and minimize transaction friction, with trust being one of the challenges for Web3 mass adoption."

The unique value of acquaintance social lies in its depth of data and organizational form. Individual user data—such as transactions, interactions, health, location, and consumption—has limited value when existing independently, but when combined with the data of thousands of other individuals, its value grows exponentially. Looking ahead, this aggregated, multidimensional data will become the most valuable asset for developers of crypto and AI projects.

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