About UXLINK(UXLINK)
UXLINK is a decentralized social platform aiming to leverage blockchain technology to enhance social interactions and facilitate financial transactions. Its primary goal is to create a community-driven social framework, allowing users to develop and monetize their own social networks. Built on Telegram, the platform encourages group formation and engages users in "link-to-earn" activities, rewarding them for inviting new members and participating in community events.
Supporting various blockchain networks, such as Ethereum, BNB Chain, and Polygon, UXLINK aims to offer both flexibility and scalability. The platform prioritizes user privacy and data protection by implementing stringent verification measures to promote genuine interactions.
How Does UXLINK Work?
UXLINK emphasizes user control over data and relationships, striving to establish a decentralized, user-focused social network. UXLINK operates through three main layers:
Application Layer: This encompasses features like UX Discover and Social DEX, enabling users to explore, engage in group activities, and trade cryptocurrencies.
Protocol Layer: This layer oversees social identities and relationships, offering APIs for developers to craft personalized experiences and manage data securely.
Infrastructure Layer: Integrating EVM (Ethereum Virtual Machine), IPFS (InterPlanetary File System), and cloud computing, this layer delivers scalable and secure services across multiple blockchain networks.
Users primarily engage with UXLINK via Telegram, where they can create and manage groups. These groups facilitate social networking while users earn rewards through the "link-to-earn" model by inviting others to join and contribute to the community.
The $UXLINK token plays several important roles within the UXLINK ecosystem:
Incentives and Rewards: Users can earn UXLINK tokens by taking part in "link-to-earn" activities. By inviting others to join and completing various tasks, users accumulate rewards in the form of UXLINK tokens.
Transaction Fees: The platform implements gas fees for data transfers and service fees for dApp developers. These fees are settled using UXLINK tokens, which are essential for the ongoing functionality of the ecosystem.
Community Development: UXLINK tokens are allocated for community growth and management of token supply. This includes financing new features, promoting ecosystem expansion, and rewarding engaged users.
The total supply of $UXLINK stands at 1 billion tokens, with a circulating supply of 170 million at the time of writing.
UXLINK is not listed on Binance for trade or purchase. The current price of UXLINK is updated on Binance in real-time.