According to Odaily, UXLINK has announced the official launch of its ecological fund, UFLY Labs, in collaboration with more than 100 projects and developers. UFLY Labs aims to promote the adoption of Web3 through social connections, providing support for ecosystem partners and developers. The focus is on growth, participation, and asset distribution.

Selected projects can receive investments and grants in the form of points, tokens, and cash. This initiative is part of UXLINK's commitment to fostering a robust and dynamic ecosystem, leveraging the power of social connections to drive the adoption of Web3 technologies. The fund will provide much-needed support to developers and ecosystem partners, with a particular emphasis on growth, engagement, and asset allocation.

The launch of UFLY Labs represents a significant step forward in UXLINK's mission to support the development and adoption of Web3. By providing financial support in the form of points, tokens, and cash, UFLY Labs is helping to fuel the growth of innovative projects and developers in the Web3 space.