UXLINK is a cryptocurrency designed to power a decentralized web3 social platform. It facilitates real-time social interactions and builds two-way, friend-like relationships, aiming to create a social infrastructure for decentralized applications (Dapps). UXLINK is unique in its attempt to merge the benefits of decentralized finance (DeFi) with social interactions, allowing users and developers to trade and discover crypto assets through socialized and group-based methods.
Launched on July 18, 2024, UXLINK's mission is to connect Web2 and Web3 users, fostering a broad-based social economy. The platform introduces a dual-token model, combining on-chain points with UXLINK tokens to enhance user experiences within its ecosystem. The UXLINK token itself is used for governance, fee payments, and protocol access within the platform.
As of September 2024, the token was trading at around $0.46 with a market cap of approximately $78.75 million. Predictions suggest the price could rise to between $0.60 and $0.75 by 2024, driven by its growing adoption and new developments in its ecosystem.
