UXLINK
Crypto Overview
Overview
UXLink is a Web3 social infrastructure project focused on user growth and engagement. The platform aims to help Web3 projects acquire and retain users through a combination of social networking features and reward mechanisms.
Purpose and Utility
The primary stated purpose of UXLINK is to serve as a utility token within its ecosystem, enabling users to participate in governance, access platform features, and receive rewards for engagement. The token is actively used for these purposes within the UXLink platform.
Business Model Analysis
The platform's business model centers around providing social networking infrastructure for Web3 projects, which is inherently permissible from an Islamic perspective. The core activities involve connecting users and projects, facilitating community building, and rewarding engagement - all of which constitute legitimate value exchange.
Real-World Adoption
UXLink has demonstrated significant user adoption, particularly in Asia. The platform has established partnerships with various Web3 projects and maintains active user engagement. On-chain data shows regular token utilization for platform activities.
Development Activity
The project maintains active development, with regular updates to its platform and features. The development team consistently releases new features and improvements, indicating genuine effort to deliver on their stated objectives.
Token Distribution
The token distribution includes allocations for the team, development, marketing, and community rewards. While specific vesting details are public, the distribution structure appears designed for long-term project sustainability rather than short-term profit taking.
Crypto Impact
To assign a comfort level investing in UXLINK from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to UXLINK.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.