UXLINK Announces Strategic Investment in Lumoz to Co-Develop Social Growth Layer

SINGAPORE, Nov. 26, 2024 — UXLINK and Lumoz have formed a strategic partnership, with UXLINK investing in Lumoz via its UFLY LABS ecosystem fund. Their collaboration centers on building the Social Growth Layer, a novel infrastructure supporting decentralized application (DApp) social growth.

Minato, UXLINK’s Community Lead, expressed enthusiasm for the partnership, highlighting a joint community initiative preceding Lumoz’s mainnet launch and token generation event (TGE). This includes a $1 million airdrop for $UXLINK holders and stakers, fostering Lumoz’s growth and collaboration in Japan and South Korea.

Lumoz emphasized the partnership’s significance in social networking, leveraging its “one-click chain deployment” for the UXLINK Social Growth Layer within the RaaS (RaaS) sector. Further collaboration will encompass branding, community engagement, and enhanced social interaction.

About UXLINK

UXLINK is a leading Web3 social platform and infrastructure provider, focusing on social growth layers and applications to foster user and developer growth within its social ecosystem.

About Lumoz

Lumoz is a prominent modular computation layer and RaaS platform, having deployed over 20 Layer-2 solutions, such as ZKFair and Merlin Chain. The company recently completed its Pre-A and strategic funding rounds, raising $14 million. Its mainnet and TGE are scheduled for next month.

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