SevenX Ventures has recently spotlighted its strategic investment in UXLINK, a pioneering force in the realm of Web3-driven group building and social platforms. During an in-depth discussion with Yinghao from SevenX Ventures, the conversation delved into the core aspects and promising potential of UXLINK, highlighting why this investment aligns seamlessly with the foundational principles of Web3.
Balancing Social Dynamics and Web3 Principles
Yinghao conveyed that SevenX Ventures is exceptionally enthusiastic about investing in UXLINK, a platform that adeptly navigates the intersection of fundamental social principles and core Web3 concepts. UXLINK’s development, rooted in the basic tenets of social interaction, demonstrates a profound understanding of the needs and challenges faced by Web3 users and projects. This intrinsic comprehension has enabled UXLINK to harness network effects, creating a compelling blend of intrinsic incentives and wealth generation inherent in Web3.
The platform’s rapid growth is notable, but its true distinction lies in its ability to attract high-quality users and implement effective monetization strategies. Yinghao emphasized UXLINK’s core principles—openness, modularity, and convenience—as key factors that have cultivated a user-friendly development environment. This environment not only attracts developers but also fosters strong connections between projects and their user bases, effectively enhancing network interactions and expanding the platform’s reach.
Innovative Mechanisms and Robust User Base
From a technical standpoint, UXLINK introduces groundbreaking features like the ‘Link To Earn’ mechanism and disruptive ‘Web3-enabled groups,’ which significantly enhance user connectivity and organizational structures. Yinghao highlighted the platform’s innovative protocol and data layer, which offer immense value to Web3 developers. The platform boasts an impressive user base, with over 5.7 million registered users, more than 100,000 groups, and daily active users surpassing a million on decentralized applications (DApps) and 300,000 on-chain. These figures underscore UXLINK’s vibrant community and its growing influence in the Web3 space.
A Comprehensive Product Ecosystem
Exploring UXLINK’s product ecosystem, Yinghao described the platform’s vision of leading an integrated social ecosystem designed to channel Web3 traffic, social trading, and infrastructure. The product ecosystem is structured into three distinct layers:
Application Layer: This top layer includes UX Discover and Social DEX, empowering users and developers with tools for social discovery, participation, and investment within group contexts.
Protocol Layer: Central to the platform, this layer comprises social protocols based on real-world relationships, granting users true ownership over their social connections and data streams.
Social Liquidity Layer: A forward-looking initiative, this planned layer aims to establish user-centric infrastructure, tokenizing social relationships and data assets to facilitate secure transfer across various public chains and DApps.
Promoting Genuine Social Connections and Asset Strategies
UXLINK’s approach centers on creating authentic social connections and experiences that mirror real-life dynamics. This philosophy extends to the platform’s asset and finance strategies, with a focus on actively trading existing assets, accommodating diverse asset types, and enabling new asset issuance and circulation. Yinghao noted that UXLINK ensures users directly benefit from their contributions, promoting a sustainable and engaging environment.
An S-Tier Team with a Vision
Yinghao praised the UXLINK team, describing it as an S-tier founder-led group with extensive entrepreneurial experience in product research, development, fundraising, and growth strategies. The team’s commitment to first principles, focusing on real user needs while effectively incorporating Web3 concepts, positions UXLINK as a formidable player in the Web3 space.
Bridging Idealism and Pragmatism in Web3
Yinghao expressed unwavering confidence in UXLINK’s potential to become a dominant force in Web3. He believes that UXLINK’s balanced approach to decentralization and user-friendly incentives makes it a promising bridge between purist and pragmatist developers. This balance is seen as instrumental in developing sustainable, widely adopted applications.
In summary, Yinghao’s insights highlight UXLINK’s thoughtful integration of idealism and practicality within Web3. This delicate balance offers tangible value to developers and users, leading SevenX Ventures to invest confidently in UXLINK as a pivotal hub linking Web3 infrastructure and application scenarios.