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Animoca Brands Backs UXLINK, Fueling Web3 Social Growth

Animoca Brands Backs UXLINK, Fueling Web3 Social Growth

CoineditionCoinedition2024/09/02 16:00
By:Coin Edition
  • UXLINK’s key investment from Animoca Brands’ strategic investment, sent the price soaring to 104.69% overnight.
  • The platform boasts 5 million users and 90,000 Web3-powered groups, poised for growth with this new partnership.
  • Previous collaboration with Binance Web3 Wallet laid the groundwork for this latest strategic move.

UXLINK , the leading social infrastructure platform, has secured a strategic investment from Hong Kong-based gaming and VC firm, Animoca Brands . This key collaboration marks a pivotal step forward in expanding UXLINK’s user base and ecosystem development across the Web3 domain.

With Animoca’s extensive portfolio of projects and established presence in the blockchain industry, UXLINK is well-positioned to leverage this partnership to boost its presence and solidify its Web3 social leadership.

“We proudly announce that Animoca Brands has made a strategic investment in UXLINK. UXLINK will work closely with Animoca’s portfolios to accelerate user growth and ecosystem building.”

Earlier this year, in May, UXLINK partnered with Binance Web3 Wallet, a top-tier cryptocurrency wallet, to launch a collaborative marketing campaign aimed at driving growth within the Web3 ecosystem. This initiative underscored UXLINK’s commitment to extending its influence and user base, fostering a more connected and trustworthy Web3 environment.

As the largest social infrastructure platform for Web3, UXLINK boasts an impressive user base of over 5 million registrants. The platform sees close to 800,000 active users daily engaging with its dApps, while 180,000 users participate in on-chain activities. UXLINK’s platform facilitates trust and social interaction among acquaintances, supporting over 90,000 Web3-powered groups.

Following the strategic investment from Animoca Brands, UXLINK’s market performance has soared. Recent price action shows UXLINK’s value has climbed to $0.3022, a remarkable 104.69% increase in just one day. This significant uptick in market cap and trading volume highlights the growing confidence and interest in UXLINK’s future potential.

With a market cap of $51,369,602 and a trading volume exceeding $98 million in the last 24 hours, UXLINK is well-positioned for continued growth and expansion within the Web3 space.

Source: CoinMarketCap

Considering all the facts, this strategic partnership with Animoca Brands is set to fuel further innovations and user engagement, cementing UXLINK’s role as a key player in the Web3 social infrastructure ecosystem.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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