PRESS RELEASE
UXLINK, a pioneering Web3 social platform and infrastructure provider, has announced a significant surge in profits driven by its innovative business model and expanding ecosystem.
Enhancing User Engagement:
UXLINK offers a groundbreaking platform that enables users to socially discover, participate in, and trade crypto assets through group interactions. This unique approach enhances user engagement and fosters community building.
Empowering Developers:
As an infrastructure provider, UXLINK equips developers with a comprehensive set of tools including UXDiscover, UXGroup, various Dapps, and RWS social protocols. These tools empower developers to leverage social relationships and data to drive project growth and development. Developers can also introduce diverse trading scenarios and products like Airdrop, Pre-market, and MEMECOIN, with UXLINK earning a share of the commissions.
Revenue Model:
UXLINK’s revenue model involves charging developers in Tokens for accessing its apps, protocols, and data. The majority of these earnings, 85-90%, are redistributed to community users, while UXLINK retains 10-15% for infrastructure maintenance. Furthermore, UXLINK shares in the trading commissions from third-party Dapps. For users, most functionalities are free, with only transactions incurring a commission of approximately 1-3%.
Business Model and Growth:
Since its inception, UXLINK has adhered to a clear business model and started generating revenue in 2023. From March 2024 onwards, UXLINK has focused on building a robust social ecosystem to further benefit its community and developers. With an increasing number of paying developers and transactions, UXLINK’s monthly revenue, measured in Tokens, now covers its project expenses. This has created a virtuous development cycle, enhancing the value and utility of the UXLINK Token. Both users and developers require UXLINK Tokens to access various services, fostering a deflationary economic model due to the limited supply of Tokens.
The head of the UXLINK community emphasized that this growth flywheel effect has empowered the UXLINK Token, ensuring practical use scenarios and promoting a sustainable and thriving ecosystem.
About UXLINK:
UXLINK is the leading web3 social platform and infrastructure that enables users and developers to discover, distribute, and trade crypto assets in unique socialized and group-based manners.
Mint UXLINK NFT:
https://dapp.uxlink.io/uxnft
Contact Details:
UXLINK Web:
https://www.uxlink.io/
UXLINK Twitter:
https://twitter.com/UXLINKofficial
UXLINK Telegram:
https://t.me/uxlinkofficial
Contact Information:
UXLINK
[email protected]
Media Contact:
Rachita Chettri
[email protected]
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