UXLINK Token Braces For Major Listings & Airdrop: Here’s All

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As a seasoned analyst with extensive experience in the crypto industry, I have witnessed numerous projects come and go, but UXLINK’s recent developments have piqued my interest. The platform’s successful preparations for listings on major CEXs like OKX and Bitget are noteworthy, signaling significant investor confidence.

UXLINK, the new Web3 social platform in the crypto world, has generated significant buzz recently. Notable listings of its native token have been secured, as announced on July 15th. The UXLINK token is set to be featured on some of the most well-known cryptocurrency exchanges globally. Additionally, the project provided updates on its upcoming token airdrop and Token Generation Event (TGE), attracting even more interest from potential investors. Here’s a summary of these developments that have sparked industry excitement.

UXLINK Secures Major Listings

Based on today’s posts on X, the UXLINK token is set to be listed on the exchanges OKX and Bitget. According to OKX’s announcement, deposits for the token have already started, while the much-awaited spot trading on their platform is scheduled to go live on July 18 at 08:00 AM UTC.

During this time, it was announced by Bitget that trading for the USDT-paired token would begin on July 18 at 8 AM UTC. analogous to OKX, deposits for the same have been open since then.

In the approaching days, users might encounter more listings from Centralized Exchanges (CEXs) as the token undergoes Token Generation Event (TGE) and distribution processes. Let’s explore in greater detail the information shared by the Web3 platform’s community regarding its TGE and the entire allocation story.

TGE & Allocation: What’s The Scoop?

As a researcher studying this project, I’d like to highlight that the Token Generation Event (TGE) is expected to produce an impressive number of one billion tokens. In terms of distribution, 65% are allocated for community development. This portion consists of 10% earmarked for airdrops, 3% reserved for marketing initiatives, and a significant 51% designated for mining and allocation. Lastly, there is a 1% profit share set aside for the Eco-Fund.

As a researcher examining this project, I can share that we intend to allocate funds in the following way: 21.3% will be set aside for private sale to investors, 5% will be reserved for the treasury, and 8.7% will go towards rewarding the project team.

Today, the UXLINK project initiated its eligibility verification process for airdrop participation during the early hours. This announcement has attracted more interest in the market. The official listing date, as previously stated, is July 18 at 8:00 AM UTC on the Web3 platform X.

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2024-07-15 13:31