social infrastructure

Web3 social infrastructure UXLINK will allocate 85-90% to the community, aiming to achieve a positive growth flywheel effect for users

ChainCatcher message, UXLINK serves as a Web3 social platform and infrastructure, where end users primarily engage in group scenarios for social discovery, participation, and investment/trading of Crypto assets. As an infrastructure, B-end developers utilize UXLINK's Dapps like UXDiscover, UXGroup, and RWS social protocols to develop and achieve growth using social relationships and data; B-end developers also provide various trading scenarios and products, such as Airdrop, Pre-market, MEMECOIN, etc., with UXLINK taking a commission.UXLINK charges B-end developers for the use of applications, protocols, and data, priced in Tokens, and allocates 85-90% to community users, while charging a 10-15% infrastructure usage fee; UXLINK also shares commissions from third-party Dapp transactions. For C-end users, most features are free, with only a transaction fee of around 1-3%. This charging model corresponds directly to the value provided by UXLINK, gradually forming a virtuous cycle: an increase in users and developers; developers provide benefits to users, leading to more users participating in the project.According to the UXLINK community leader, UXLINK has had a very clear business model since its inception, generating revenue as early as 2023. Since March 2024, it has begun to establish the UXLINK social ecosystem, allowing the community and developers to benefit more. With the increase in paid developers and transactions, the current monthly revenue (calculated in the value of Tokens) can already cover the project's expenses, creating a positive development and gear effect. This flywheel effect also empowers the UXLINK Token, as both C-end users and B-end developers need to pay (consume) UXLINK Tokens to meet their needs, resulting in UXLINK Tokens having actual use cases under limited supply, forming a healthy deflationary model.

UXLINK: Does not rule out building its own social dedicated chain, with on-chain and off-chain hybrid expansion architecture supporting large-scale applications

ChainCatcher news, co-hosted by ChainCatcher and ZAN (the Web3 brand under Ant Group) and Artela, held an offline communication event titled "Focusing on Web3 Infrastructure, Unlocking New Scenarios for DApp Applications" today in Nanshan District, Shenzhen. During the event, Eric, co-founder of the Web3 social infrastructure UXLINK, delivered a speech titled "UXLINK as a Growth Engine for Ecological Dapps in Web3 Social Infrastructure."In his speech, Eric mentioned that over the past 11 months, UXLINK has achieved excellent results in user growth, with the total number of users exceeding 4.7 million, more than 82,000 groups, and a total coverage of 5.9 million people.In terms of products, UXLINK has a hybrid on-chain and off-chain scalable technology architecture (EVM + IPFS + Hubs) to support mass adoption application scenarios, storing identity and relationship data on-chain (currently on Arbitrum) and processing complex business scenario data off-chain to support applications using the UXLINK Protocol.Additionally, UXLINK can provide decentralized storage and centralized data indexing services, mainly involving EVM chains (such as Ethereum Mainnet, Arbitrum L2 Chain, BNB Chain, Polygon, and Base Chain).In the future, as the user base continues to expand and ecological applications develop, UXLINK does not rule out the possibility of considering building its own dedicated social chain to enhance the synergistic effects within the ecosystem.

Web3 social infrastructure UXLINK launches the "Social Ecosystem Alliance," with the first batch of AI and GameFi projects joining

ChainCatcher news, recently, the Web3 social infrastructure UXLINK based on acquaintance relationships announced its first batch of ecological projects, including Bubble AI, 1Gen Labs, Pond, MetaCene, BacGames, Space Nation, EarlyBird3, and more than ten others, mostly in the AI and Gamefi sectors, reflecting UXLINK's unique charm as an infrastructure project.A veteran of grand games and the head of a Web3 education project, Laone, said, "We chose UXLINK as the infrastructure for our project launch mainly because games themselves are social activities. We have been online for 7 days, fully utilizing UXLINK's data and protocols for user behavior recommendations and growth, and have already gained over 40,000 gamers. It's hard to imagine that without a social protocol, our first version would achieve such rapid growth." Another AI PhD from Silicon Valley said, "AI needs computing power and data; compared to computing power, data is scarcer, and interconnected data is the scarcest. Because GPUs are homogeneous, while quality data is heterogeneous. In the internet, the data accumulated by social products is the thickest and most interconnected, and the acquaintance social data represented by UXLINK, like Facebook data, is the most valuable, serving as the data Nvidia for WEB3 AI projects."According to the UXLINK community, the richer the projects, the more users benefit, and the thicker the data accumulation, the greater the value it can bring to developers and AI projects. They will continue to open protocols and co-build the ecosystem with the community and developers.
2024-03-20

Web3 social infrastructure UXLINK's user account asset balance exceeded 105 million USD in 30 days

ChainCatcher news, as of February 1, 2024, UXLINK has launched UX Account access to EOA accounts. By March 2, the token balance of EOA accounts linked to UX Account has exceeded 105 million USD, with an average balance of over 350 USD per EOA account address. Users are widely distributed across dozens of countries and regions, including Southeast Asia, the Middle East, Africa, Europe, and South Asia. In just 5 weeks, achieving a breakthrough from 0 to 100 million USD demonstrates the charm of UXLINK's next-generation social infrastructure.As a Web3 social infrastructure, UXLINK innovatively starts with "acquaintance socializing," where the relationship between users is a two-way relationship, unlike other social projects such as Lens and Cyberconnect, which start from a one-way relationship. "Acquaintance socializing" brings a sense of trust and higher growth and viral efficiency. From a series of data, we can see that in 10 months since the project launched, there are over 3.4 million certified users, covering 75,000 groups, and nearly 6 million users. These impressive performances fully prove that the "acquaintance socializing" model will be the new hope for the future of the Web3 social field.According to the UXLINK community, they will gradually open the UXLINK RWS protocol, integrating more Web3 applications, becoming a super Dapp while providing user-oriented infrastructure services most suitable for mass adoption to developers and ecological partners, such as games, AI applications, and more.
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