UXLINK, a leading web3 social platform and infrastructure provider, has reported a sharp increase in profits, driven by its innovative business model and expanding ecosystem. This growth reflects the platform's success in attracting more users and developers, significantly boosting its financial performance.

Enhancing User Engagement

UXLINK offers a dynamic platform where users can socially discover, participate in, and trade crypto assets through group interactions. This social-centric approach has enhanced user engagement and fostered strong community building. By integrating social elements into crypto trading, UXLINK has created a unique user experience that keeps its audience active and involved.

Empowering Developers

For developers, UXLINK provides a robust suite of tools, including UXDiscover, UXGroup, various decentralized applications (Dapps), and RWS social protocols. These resources enable developers to leverage social relationships and data for project growth and development. Developers can introduce various trading scenarios and products like Airdrop, Pre-market, and MEMECOIN, with UXLINK earning a share of the commissions. This infrastructure support has made UXLINK a preferred choice for developers looking to innovate in the web3 space.

Innovative Revenue Model

UXLINK’s revenue model involves charging developers in Tokens for access to its apps, protocols, and data. Remarkably, 85-90% of these earnings are redistributed to community users, while UXLINK retains 10-15% for infrastructure maintenance. Additionally, UXLINK shares in the trading commissions from third-party Dapps. For users, most functionalities are free, with only transactions incurring a commission of about 1-3%.

Sustained Business Growth

Since its inception, UXLINK has maintained a clear business model and began generating revenue in 2023. From March 2024 onwards, UXLINK has focused on building a robust social ecosystem, benefiting both 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 sustainable revenue generation 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 Growth Flywheel Effect

The head of the UXLINK community highlighted that this growth flywheel effect has empowered the UXLINK Token, ensuring practical use scenarios and promoting a sustainable and thriving ecosystem. The continuous increase in user and developer engagement has solidified UXLINK's position as a leading platform in the web3 space.

About UXLINK

UXLINK is the largest web3 social platform and infrastructure provider, enabling users and developers to discover, distribute, and trade crypto assets in a unique socialized and group-based manner. With its innovative approach and growing ecosystem, UXLINK is poised to continue its impressive growth trajectory, driving the future of social and financial interactions in the web3 space.