UXLINK Eco Fund UFLY Labs announces investment in Sonic SVM and has reached a comprehensive strategic partnership. This collaboration marks an important step for both parties in the Web3 field, laying the foundation for the future development of decentralized social networks and entertainment ecosystems.
Sonic SVM is the first SVM (Solana Virtual Machine) based on Solana, dedicated to providing developers with a high-performance, low-latency development environment, particularly suitable for game and short video application development. The core goal of this collaboration is to jointly promote the construction of the Social Growth Layer and create a Web3 TikTok application layer based on blockchain technology, attracting the next 1 billion users into the Web3 world through innovative technology and ecosystem design.
Collaboration Highlights Include:
Web3 TikTok Application Layer: The two parties plan to jointly develop a short video and social platform based on blockchain technology, providing a fairer revenue distribution mechanism for content creators and users, while promoting the widespread adoption of Web3 applications through decentralized transparency and security.
Token Economic Ecosystem: Sonic SVM's native token $SONIC will be launched on mainstream exchanges such as OKX, Bybit, and Backpack on January 7, 2025, at 12:00 (UTC). As a payment tool within the ecosystem, $SONIC will not only be used to incentivize content creators and users but will also provide more economic support for developers, aiding in the prosperity of the ecosystem.
Community Incentive Program: UXLINK and Sonic SVM will give back to early supporters through airdrops and other forms, further enhancing community cohesion and incentivizing users to participate in ecosystem co-construction.
Future Prospects:
Through this collaboration, UXLINK and Sonic SVM will jointly promote a comprehensive innovation in the Web3 social and entertainment ecosystem. UXLINK stated that it will continue to invest in more innovative Web3 projects in the future, working with partners like Sonic SVM to build a decentralized social and application network. Sonic SVM also plans to further expand the ecosystem scale through the construction of the Social Growth Layer and the TikTok application layer, creating more value for developers and users.
This cooperation is not only an important breakthrough for the Web3 social network but also a deep exploration of blockchain technology in practical applications, marking the future development direction of decentralized social networks.
It is worth mentioning that OKX Ventures, an early supporter of UXLINK, recently stated that UXLINK's average daily trading volume has exceeded $250 million since its TGE, ranking in the top 50 on CMC and the top 10 in South Korea, demonstrating its strong growth momentum as a leader in the Web3 social platform.
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#UXLINK #SonicSVM #Web3 #Blockchain #Solana #SocialGrowthLayer #去中心化社交
