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Today: October 3, 2024
March 13, 2024
1 min read

Lead Investor Pours Funds into UXLINK: Future of Web3 Social

TLDR:

  • OKX Ventures leads investment in UXLINK, a Web3 social platform and infrastructure provider.
  • UXLINK aims to facilitate mass adoption and connect real-world relationships with decentralized applications.

OKX Ventures, the investment arm of cryptocurrency exchange OKX, has taken the lead in a recent investment round for UXLINK, a Web3 social platform that combines a Web3 gateway, social DEX, and infrastructure to facilitate mass adoption. The platform, which has successfully onboarded 3.5 million registered users, aims to bridge the gap between Web2 and Web3 by leveraging trust in real-world relationships with decentralized applications. Other high-profile venture capital firms, such as ZhenFund, HongShan, and MatrixPort Ventures, have also invested in UXLINK.

UXLINK’s unique features, such as the ‘Link to Earn’ function, have attracted millions of users within just 10 months of its launch. OKX Ventures Founder Dora Yue believes that UXLINK’s innovative approach to social networking and transactions will effectively bridge the vast user base of Web2 with the Web3 world, creating a robust ecosystem where users can fully leverage their digital assets.

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