Revolutionizing Web3 Social Interactions: UXLINK’s Comprehensive Ecosystem and Token Utility
What is UXLINK and what does it solve?
UXLINK is a pioneering user-driven web3 social platform designed to bridge the gap between Web3 and Web2. It aims to serve as both a social decentralized exchange (DEX) and social infrastructure, fostering authentic, bi-directional friend-type relationships instead of traditional one-way interactions. By integrating real-time interactions and group-based usage scenarios, UXLINK revolutionizes social engagement through its innovative dual-token economic model, enhancing simplicity, fairness, and user experience. It empowers users to discover, distribute, and trade crypto assets while building an inclusive, trustful, and rewarding socio-economic community. Through user-friendly decentralized applications (Dapps) incorporated into platforms like Telegram, UXLINK transforms real-world groups into operational Web3 units, positioning itself at the forefront of social and virtual interaction innovation.
Token Overview
- Token name: UXLINK
- Token symbol: $UXLINK
- Total issue supply: 1,000,000,000
What are the utilities of UXLINK?
UXLINK employs a dual-token system involving UXUY points and the $UXLINK token to create a comprehensive and user-driven ecosystem. UXUY points serve as reward points for community and ecosystem development, earned through a transparent Proof of Link (POL) mechanism. Linkers, who can be individuals or partners/developers, earn UXUY by inviting others or contributing to the ecosystem, with the points stored in an Ethereum-compatible wallet. This ensures fairness and simplicity in community growth, rewarding early adopters who establish their social networks sooner. On the other hand, $UXLINK tokens are used for governance and utility within the platform. Token holders have voting rights, with one token equaling one vote. Developers use $UXLINK to pay for access to UXDapps, protocols, and data, while users utilize $UXLINK to cover commissions or gas fees for Dapps and services. This dual-token model ensures effective interaction between users and developers, promoting a balanced and thriving UXLINK ecosystem.
What does the project ecosystem include?
The UXLINK ecosystem offers a comprehensive range of features and functions designed to facilitate seamless Web3 interactions for users, groups, and developers. For users, the ecosystem includes the UX Invite, a light Dapp that enables the building of on-chain social graphs, and the UX Wallet, which uses MPC and Account Abstraction technology for private key social recovery, custody, and automatic executions, balancing safety and simplicity. Additionally, users can create Web3 accounts through platforms like Telegram and WhatsApp via the UX DID/Profile (SBT), which reflects real-world connections and ensures credibility using Zero-knowledge proof (ZK) technology for privacy protection.
For groups, the ecosystem standardizes groups into Web3 operational units with features like Encrypting Social Groups, AI Groupkits for resourcing and data sharing, GGraph for minting group IDs and building social networks on-chain, GWallet for transparent network management, and GPass for capturing group benefits. The UX Social DEX facilitates cryptocurrency trading with UX-Swap and plans to introduce UX-IDO and UX-Lending, along with acting as an aggregator for other DeFi products.
The UXLINK protocol serves as a hub and accelerator for developers, providing secure and cost-effective technical services on the Arbitrum chain, with future multi-chain support, APIs, and SDKs. Other dynamic Dapps under development include the AI GroupKit Bot for community management, the AI Assistant for fast crypto information searches and AI data provision, and UX Interact, a social interaction Dapp for engaging in socialized Web3 interactions on various topics. This ecosystem bridges Web2 and Web3, creating a robust, user-friendly, and innovative platform for social and economic interactions in the blockchain space.
UXLINK Official Media
About Coinstore
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As a leading global platform for cryptocurrency and blockchain technology, Coinstore seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 8 million users worldwide, Coinstore aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.
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