In-Depth Bob Ng, CTO of UXLINK: Unveiling the Data Innovations
The post In-Depth Bob Ng, CTO of UXLINK: Unveiling the Data Innovations appeared on BitcoinEthereumNews.com.
Introduction UXLINK has achieved a significant milestone by surpassing 10 million registered users, marking a historic moment in both blockchain and the emerging field of SocialFi, being THE FIRST 10M user base in SocialFi. This announcement was made through UXLINK’s official website and Twitter account, confirming its status as the first product in these domains to achieve such a remarkable user base. In light of this achievement, several questions regarding UXLINK’s user data merit exploration. To shed light on this matter, we interviewed Bob Ng, the Chief Technology Officer of UXLINK, delving into their user metrics: Q1: Most blockchain projects measure their success based on the number of unique wallet addresses. Why does UXLINK emphasize “registered users” as a measure and how does it differ from the number of unique wallet addresses? A1: The emphasis on “registered users” serves to address two key concerns within the crypto space: There are too many invalid or sybil wallet addresses in the crypto space, which are meaningless and pollute the data. We are a social platform and advocate for the concept of “people”/accounts because true social interaction involves connecting individuals. One person can have multiple wallets for different purposes. Therefore, we use the concept of registered users for measurement. Registering as a user involves passing through three stages: 100% invitation-based – new users must be invited by acquaintances or partners within the UXLINK network and use an invitation code to register through Link-to-Earn. Requires human interaction to prove that the user is not a bot. Using UXLINK’s products. Meeting these criteria qualifies as a registered user of UXLINK, so the number of registered users is less than the number of unique wallet addresses. Currently, UXLINK has surpassed 10 million registered users, with connections to authorized wallet addresses totaling 15 million. Each user can…
Filed under: News - @ June 18, 2024 10:26 am