UXLINK/UXLINK#261 0

What is UXLINK (UXLINK)?

UXLINK is a Web3 social platform designed to merge social interactions with blockchain technology, fostering a decentralized, user-driven ecosystem. Unlike traditional social platforms that rely on one-way, follower-based relationships, UXLINK facilitates two-way, friend-type social connections, enabling real-time engagement and community-driven interactions. By leveraging the power of Web3 and integrating with real-world social platforms like Telegram, UXLINK aims to contribute to blockchain adoption.

Core Features of UXLINK

1. Web3 Social Platform

UXLINK provides a decentralized, two-way social network that enables real-time engagement and community interactions, enhancing blockchain adoption.

2. Web2-to-Web3 Integration

The platform simplifies blockchain adoption by integrating with familiar platforms like Telegram, allowing easy onboarding, social graphing, and crypto asset trading.

3. Community Engagement Model

With a dual-token economy and the "Link-to-Earn" system, UXLINK rewards users for expanding their network and participating in the ecosystem.

UXLINK Ecosystem and Key Components

1. Decentralized Applications (dApps)

UXLINK offers a suite of dApps that enhance user experience and facilitate Web3 interactions:

• UX Invite: Allows users to build their on-chain social graph through invitations.

• UX Wallet: A secure crypto wallet with social recovery features.

• UX DID/Profile: A decentralized identity solution ensuring user sovereignty and data security.

• AI GroupKits: Tools for managing Web3 social groups efficiently.

• UX Social DEX: A decentralized exchange integrated within the social platform, allowing users to trade crypto assets directly within their networks.

2. Hybrid On-Chain/Off-Chain Architecture

UXLINK utilizes a hybrid approach, combining blockchain security with off-chain scalability. It operates on the Arbitrum blockchain while leveraging IPFS and cloud storage for efficient data management. This ensures decentralized transactions while maintaining user privacy and security.

3. Link-to-Earn Mechanism

The "Link-to-Earn" model encourages users to grow their network by inviting friends to join UXLINK. Users who engage in community-building activities are rewarded with UXUY points, reinforcing social engagement and trust within the platform.

UXLINK Tokenomics: UXUY and UXLINK Tokens

UXLINK employs a dual-token system to balance utility and governance:

1. UXUY (Utility Token)

• Earned through a Proof of Link (POL) mechanism.

• Used for transaction fees, social interactions, and in-platform activities.

• Features a burn mechanism to manage supply.

2. UXLINK (Governance Token)

• Provides voting rights on platform decisions.

• Empowers holders to participate in governance, including protocol upgrades and fee structures.

• Distributed among community members, developers, and stakeholders to support the ecosystem.

Token Distribution

• Total Supply: 1 billion UXLINK tokens

• Initial Circulating Supply: 17% of total supply

• Allocation:

• 65% to community (40% users, 25% developers/partners)

• 21.25% private sale

• 8.75% team

• 5% reserve

The private sale and team allocations are subject to a vesting schedule to align long-term interests, ensuring sustainable growth and development.