As Black Myth: Wukong has just concluded the rebirth of the man of destiny, another journey of learning has quietly entered the middle of the game, and that is UXLINK's journey of learning. As the representative of the third generation of SocialFi, UXLINK has shouldered the responsibility of transforming the Web3 social network since its birth. It is like Wukong, growing up in the wind and rain, facing challenges head-on, and looking for its own true scriptures.
The first journey westward: UXLINK's product concept and development footprint
UXLINK is a Web3 platform dedicated to breaking the boundaries of traditional social networking. Its core concept is to build a social network of acquaintances based on real relationships through decentralized technology. The uniqueness of this network is that it is no longer a one-way attention and information reception, but emphasizes two-way trust and interaction, striving to achieve a deeper level of social connection. The UXLINK team has been in the Internet industry for several years and has extremely strong experience in production, research, growth, operation and financing, and has operated social products with more than 100 million users.
After embracing Web3, the team demonstrated amazing iterative capabilities: not only did they quickly learn the concepts, technical frameworks, and token economy of Web3, but they also found a new positioning and entry point for UXLINK without being limited by the exploration of the pioneers. In terms of funding, UXLINK also received investments from multiple parties including Sequoia Capital and Zhen Fund, successfully raising more than $15 million.
UXLINK not only keeps up with the trend in technology, but also pursues simplicity and ease of use in design. In order to allow more users to cross the boundaries of Web2 and Web3, it tries its best to avoid cumbersome blockchain terms, using a more intuitive interface and friendly interaction methods, so that users can easily enter the decentralized social world. At the same time, the platform gives users absolute control over their own data through the autonomous management of on-chain assets, solving the common data privacy issues of traditional social media platforms.
UXLINK's current achievements and transformation
In the middle of the road to learning, UXLINK's exploration has gradually matured, especially its proposed Social Growth Layer roadmap, which demonstrates its strategic ambition to connect users with high-quality Web3 projects through cross-social platforms and cross-chain technologies. This concept has brought significant growth to UXLINK, closely connecting users with various Web3 projects through social relationships, promoting the rapid expansion of the platform ecosystem, and achieving outstanding ecological development results.
Since the UXLINK token was officially launched on OKX, Bybit and more than 30 other exchanges on July 18, 2024, the UXLINK ecosystem has entered a new stage of development. Today, UXLINK has more than 25 million registered users and more than 110,000 social groups, the number of partners has exceeded 150, and the number of $UXUY holders has exceeded 10 million. Especially after the launch of the Web3 wallet function, 978,000 new wallet accounts were created in just one month, showing UXLINK's unique advantages in the field of Web3 social networks.
INVITE, another important project in the UXLINK ecosystem, has also landed on well-known exchanges such as Gate and Bitget, further enhancing the influence of the entire ecosystem. In the future, more projects will be launched one after another, bringing more opportunities for participation and development to users and investors.
It is particularly noteworthy that UPBIT, as one of the largest exchanges in South Korea, not only launched the UXLINK token, but also opened three trading pairs of KRW, USDT and BTC at one stroke. This strategy of opening multiple trading pairs at one time is extremely rare in recent projects, demonstrating the market's high trust and support for UXLINK. In addition, OKX has recently opened UXLINK trading for Chinese users, further expanding UXLINK's influence in the Asian market. This move once again proves that the project's global recognition is constantly increasing. At the same time, with the continuous improvement of the UXLINK ecosystem and the gradual expansion of token usage scenarios, the token price has great potential for growth. At present, the market still maintains an underestimation of it, and there is still broad room for value improvement in the future.
Looking ahead to Leiyin Temple: Future road and challenges coexist
UXLINK still faces many challenges in the future, but its potential cannot be underestimated. According to its four-year plan, UXLINK will continue to improve the cross-chain interaction function of the platform, further expand the boundaries of social networks, and plan to extend services to mainstream application platforms such as WhatsApp.
Its goal is to become the world's largest Web3 social network system in the next four years, not only expanding the user base, but also taking important steps in ecological cooperation and developer support. Despite its remarkable achievements, UXLINK still has a lot to improve. First of all, in terms of maintaining user stickiness and activity, as market competition intensifies, how to maintain the long-term engagement of existing users will be a key challenge.
In addition, although the distribution mechanism of its governance token $UXLINK has a certain degree of fairness in community governance, in actual operation, how to avoid excessive concentration of power and ensure the vitality and balance of the community will also become an issue that needs to be focused on in the future.
After 81 trials and tribulations, one can obtain the true scriptures.
Just like the 81 difficulties in the Journey to the West, the journey to obtain the scriptures is never smooth. UXLINK's growth path is also full of challenges and opportunities. It requires not only continuous breakthroughs in technology, but also continuous optimization in user experience and community governance. Just as every growth of Wukong is inseparable from hardships, UXLINK can only find its own true scriptures in the vast world of Web3 after experiencing wind and rain. In the future, UXLINK will not only continue to explore the value of acquaintance social networking, but will also gradually lead the new trend of SocialFi with its innovative social asset management model. Perhaps, the journey to obtain the scriptures of Web3, like the growth of UXLINK, is full of unknowns and challenges, but this is also the only path to success.