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Cryptocurrency News Articles

UXLINK Unveils UFLY Labs Ecosystem Fund and Makes $UXLINK the Exclusive Settlement Method for Social Growth Layer

Oct 30, 2024 at 11:07 pm

UXLINK, is excited to introduce the UFLY Labs ecosystem fund, aimed at fueling the growth of no less than 50 innovative projects within the UXLINK

UXLINK Unveils UFLY Labs Ecosystem Fund and Makes $UXLINK the Exclusive Settlement Method for Social Growth Layer

Singapore, October 27, 2023 —  UXLINK is thrilled to announce the launch of the UFLY Labs ecosystem fund, dedicated to fueling the growth of no less than 50 innovative projects within the UXLINK ecosystem. Through this initiative, selected projects will receive the necessary funding and support to launch and grow their presence via UXLINK’s Social Growth Layer, a unique framework designed to drive community engagement and social development. The grant application process will open soon, inviting projects to apply and become integral players in the UXLINK ecosystem.

Starting November 1st, all UXLINK partners utilizing the Social Growth Layer for growth and DApp development will be required to pay or stake $UXLINK as the exclusive settlement method. This policy aligns with UXLINK’s commitment to enhancing the utility and long-term value of its native token. By making $UXLINK the only currency for accessing the Social Growth Layer, UXLINK aims to increase demand for the token while promoting ecosystem-wide growth.

“By establishing $UXLINK as the foundation of our Social Growth Layer, we’re creating a sustainable growth model that supports our projects and adds value for our token holders,” said Sean, CEO of UXLINK. “The UFLY Labs fund will not only support emerging projects but also contribute to the overall deflationary model of $UXLINK, benefiting both the ecosystem and the token’s value over time.”

With a fixed supply of $UXLINK, this increased demand is expected to create deflationary pressure on the token, strengthening its value in the long term. UXLINK is committed to building an environment where all ecosystem projects can thrive while giving $UXLINK holders new avenues for growth and investment.

About UXLINK

UXLINK is a dynamic blockchain ecosystem with a range of user-focused services aimed at enhancing the utility and reach of its native token, $UXLINK. Through strategic partnerships, advanced technology, and a commitment to community-driven growth, UXLINK is dedicated to delivering value and supporting the next generation of blockchain projects.

For more information, visit www.uxlink.io.

Contact Details:

UXLINK: https://www.uxlink.io/

Twitter: https://twitter.com/UXLINKofficial

Telegram: https://t.me/uxlinkofficial,  https://t.me/uxlinkofficial2

CMC: https://coinmarketcap.com/currencies/uxlink/

Contact Information:

Sean

CEO of UXLINK

admin@uxlink.io

Media Contact:

Rachita Chettri

MediaX Agency

contact@mediax.agency

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