UXLINK has completed more than US$9 million in financing, including first-tier investment institutions such as OKX Ventures and HongShan.

Original source: UXLINK

Web3 acquaintance social platform and infrastructure project UXLINK has recently completed a new round of financing, with a cumulative financing amount of more than 9 million US dollars. . Investors in this round include OKX Ventures, Manifold, Web3Port Foundation, UOB Venture, Comma3 Ventures, Cypher Capital, Kucoin Ventures, Gate Labs, Forgame (0484.HK), ECV, Signum Capital, 7UPDAO, etc., and participated in the Stanford Blockchain Accelerator. According to Singapore company registration information, HongShan, Matrixport Ventures, and ZhenFund are also listed investment institutions. Judging from the distribution of investors, investors come from North America, Asia, and the Middle East, including first-tier crypto investment institutions, exchange-led funds, and listed companies as strategic partners. The community revealed that UXLINK will most likely complete another round of financing before TGE.

UXLINK is committed to leading an integrated social ecosystem that integrates Web3 traffic portals, social exchanges and infrastructure

Unlike other social infrastructure projects that focus on one-way following relationships, UXLINK is the first social network that focuses on two-way, acquaintance social relationships, similar to Twitter vs. Facebook; Weibo vs. WeChat Structural differences. UXLINK products include an application layer and an infrastructure layer that promote each other: the application layer mainly includes the Social DEX module and the UX Growth (Link to Earn)  module; the infrastructure layer includes multi-layer data that integrates acquaintances’ social relationships and the RWS social protocol, and It plans to launch an innovative Social Liquidity Layer, using OP Stack L2 plus EigenDA and other technologies, to better support ecological developers and third-party use.

UXLINK will Create unlimited possibilities

"In the Web1.0 and Web2.0 eras, great products based on acquaintance social relationships were born, such as Facebook, WeChat, and Mass The main driving force and infrastructure of Adoption; UXLINK is the pioneer of Web3 acquaintance social networking. Acquaintance relationships can maximize trust and minimize transaction friction. Trust is one of the challenges of Web3 Mass Adoption."

The underlying reason why acquaintance social networking is of unique value is the depth of data and organizational form. Individual user data—such as transactions, interactions, health, location, and consumption—has limited value on its own, but its value increases exponentially when combined with data from thousands of other individuals. Going forward, this aggregated, three-dimensional data will become the most valuable asset for developers of encryption and AI projects.

UXLINK official Twitter: https ://twitter.com/UXLINKofficial