UXLINK announces the upcoming launch on 8 trading platforms including Bybit and OKX, a quick overview of UXLINK airdrop rules

Source: UXLINK

On July 15, UXLINK officially announced that it will launch on 8 trading platforms including OKX and Bybit at 4 PM Singapore time on July 18 (Thursday).

What is UXLINK

UXLINK is the world's largest Web3 social platform and infrastructure, allowing users and developers to discover, participate, distribute, and trade various crypto assets through trust-based social relationships and group models. UXLINK provides users with features such as social mining, social DEX, and liquidity staking, while offering developers social graph protocols and data authorization, serving as the social growth engine and super platform for Dapps.

What value does it bring to users

Users can earn POW points and token rewards from UXLINK and ecological projects by participating in UXLINK's social mining, social DEX, and social gaming center. They can also stake crypto assets in the UXLINK SLP system to earn POS rewards and participate in sharing the future listing profits of Pre-TGE tokens staked in the SLP system for UXLINK ecological projects.

What value does it bring to partners

UXLINK provides partners with:

• Social user growth driven by social protocols
• POS rewards from the SLP protocol
• Layer3 will enhance the social growth capabilities of ecosystem partners

Core Roadmap Review

March 2023

• UXLINK Dapp launched on Telegram.

Q3 2023

• Registered users exceed 500,000, white paper and token economics released, and the first community member meeting held in Jakarta.

Q4 2023

• AI Group Kit released, registered users exceed 1 million, covering over 2,000 groups.

Q1 2024

• Secured $9 million investment led by OKX Ventures.
• Released RWS (Real World Social) protocol to support ecosystem development.
• Opened links to Web3 wallets, with over 1 million Web3 wallets linked to UXLINK in one week, and wallet assets exceeding $80 million.
• Registered users approach 5 million, covering over 20,000 groups, with users in more than 100 countries and regions worldwide.

Q2 2024

• Registered users exceed 10 million, becoming the largest Web3 social platform and infrastructure globally.
• Secured $5 million investment led by SevenX, HashKey Capital, and INCE Capital, with total funding exceeding $15 million.
• On-chain monthly active users exceed 1 million, ranking first in DappRadar's on-chain active applications and first in Rootdata's popularity list.
• Community NFT minting launched, with over 1.5 million users minting over 2 million community NFTs as $UXLINK airdrop certificates. Over 5 million users hold on-chain assets in UXLINK.
• Initiated Airdrop2049 airdrop and pre-trading platform, with over 1 million users participating in the first quarter, and 50 project parties providing token rewards worth hundreds of thousands of dollars.
• Released Social DEX and SLP protocol, bridging POW and POS.

H2 2024

• $UXLINK TGE.
• Registered users exceed 20 million.
• Released UXLINK Social Growth Layer.
• Released UXLINK Social Game Center on TON and Telegram.

H1 2025

• Released L3.
• Registered users exceed 30 million.

Core Data:

• Total registered users: 15 million +
• Number of groups: 110,000 +
• On-chain users: 8 million +

What is $UXLINK?

$UXLINK is the governance token of the UXLINK social platform and ecosystem, with significant utility. Developers use $UXLINK to achieve social growth, and users use $UXLINK to pay transaction fees. $UXLINK can be used to access the value of the entire UXLINK ecosystem.

What is the value

• Ecosystem partners and developers need to buy and hold $UXLINK to call UXLINK's protocols and basic services.
• Users need to buy and hold $UXLINK to pay transaction fees / commissions / gas fees.
• $UXLINK can be staked to earn token rewards from other projects within the UXLINK ecosystem.
• The maximum supply of $UXLINK is fixed, and with the increase in users and consumption scenarios, it is expected to maintain deflation in the long term, making it a necessity within the ecosystem.

Airdrop rules and process for UXLINK governance token $UXLINK

Thanks to the UXLINK community for their feedback and suggestions on the UXLINK airdrop rules and process. After collecting a large amount of feedback, the airdrop rules and process for the UXLINK governance token are as follows:

1. Overall distribution and unlocking cycle of UXLINK tokens

At TGE, UXLINK will generate 1 billion tokens, with the overall distribution and unlocking cycle as follows:

2. Airdrop ratio and initial circulating supply at TGE

The initial circulating supply is 17%, with the community airdrop ratio being 10%, liquidity provision 3%, market activities 3%, and 1% profit allocated to UFLY Labs to support community ecosystem development.

3. Target audience for the airdrop

Based on the UXLINK white paper, 65% will be allocated to the community, with 40% for users and 25% for developers and partners in the ecosystem.

Users include: UXLINK NFT holders and UXLINK community contributors who do not yet hold UXLINK NFTs.

4. Rules for the first season UXLINK S1 airdrop

All eligible users for the first season airdrop will have their wallet addresses and UXLINK accounts scored for quality, including the following:

• UXLINK social contribution scoring, with main scoring indicators including: user profile completeness, user interaction activity with UXLINK, and user social relationship chain activity.
• Professional third-party TRUSTA LABS witch identification: identification through AI-ML clustering algorithms.
• Third-party wallet certification: addresses participating in UXLINK activities through third-party wallets will have address certification provided by third-party wallets.
• Third-party partner whitelist certification: addresses participating in third-party partner airdrop activities will have whitelist address certification provided by third-party partners.

Factors that may affect quality scoring include:

• Addresses certified by third parties as suspected witch accounts.
• Addresses that used third-party wallets to connect and participate in activities but did not pass third-party wallet certification.
• Addresses with low social network value in UXLINK.
• Addresses participating in third-party activities that did not pass third-party activity whitelist certification.

Users can receive a 100% airdrop under the following conditions:

• Users who purchased NFTs through official channels using ETH.
• Users with high scores in UXLINK social contributions.
• Users identified through professional third-party witch identification.
• Users with third-party wallet address certification.
• Users who received whitelist certification from partners.

5. Airdrop handling plan for users temporarily failing quality scoring

• If they self-report within 3 days, they can immediately receive a 15% token airdrop compensation, with the remaining 85% of tokens redistributed to qualified community contributors through staking and redistribution, maintaining transparency.
• If they do not self-report, they can submit appeal materials and evidence within 6 months, with the community conducting evaluation and review. Those approved will receive a 100% airdrop, while those not approved will not receive an airdrop. The tokens not airdropped will be redistributed to qualified community contributors through staking and redistribution, maintaining transparency.
• If they neither self-report nor appeal, they will not receive an airdrop. The tokens not airdropped will be redistributed to qualified community contributors through staking and redistribution, maintaining transparency.

6. Utility of UXLINK governance token $UXLINK

• The governance token reflects the project's value and has voting rights.
• Developers and partners need to pay $UXLINK to call UXLINK's protocols, data, and connect Dapps.
• Users need to pay $UXLINK as transaction fees / gas fees for using UXLINK services.
• $UXLINK is also the token of the UXLINK social ecosystem, allowing holders to benefit from ecosystem projects, and every ecosystem partner must hold and use $UXLINK.

7. About the 1% profit and airdropping part of the profit to qualified community builders

UXLINK's profits mainly come from commissions and earnings from community ecosystem partners and community users, which should be invested in UXLINK project development.

The purpose of the airdrop is to allow more users who have contributed to the UXLINK community but have not yet minted NFTs to participate, which is an important part of UXLINK's guidance and education for new users.

1% of the profit is used to support ecosystem development, with future grants and investments for more outstanding projects, maintaining transparency.

8. About the second season UXLINK S2 airdrop plan

Like most airdrops, UXLINK needs to summarize and check the data. The first batch of AIRDROP is only for S1 users, and the S2 airdrop will be later than S1. At that time, we will still seek community opinions on the S2 airdrop based on community feedback.