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What is INVITE (INVITE)?
INVITE basic info
What is INVITE (INVITE)?
INVITE (INVITE) is the largest social growth tool on Telegram and TON, with a significant presence in the Web3 ecosystem. INVITE leverages the power of blockchain technology and social media to create a vibrant, engaged, and expansive community. It operates under the innovative "link to earn" model, which encourages users to invite others to the platform, rewarding them for their efforts. This model is powered by UXLINK, a leading Web3 platform known for its robust social infrastructure.
To learn more about UXLINK, please read this article: UXLINK (UXLINK): The Future of Web3 Social Platforms
Who Created INVITE (INVITE)?
INVITE was developed by the team behind UXLINK, a prominent Web3 social platform. UXLINK is dedicated to revolutionizing online interactions by merging social media and blockchain technology.
What VCs Back INVITE (INVITE)?
While specific VC backing for INVITE itself is not explicitly mentioned, UXLINK, the infrastructure behind INVITE, has a strong foundation and substantial community support.
How INVITE (INVITE) Works
The "Link to Earn" Model
INVITE operates on a unique "link to earn" model, which incentivizes users to invite others to join the platform. This model is simple yet effective: users receive rewards for each new member they successfully bring into the community. These rewards are distributed in the form of the platform's native token, INVITE.
The "link to earn" model ensures continuous growth and engagement within the community. Users are motivated to invite others, creating a network effect that drives exponential growth.
Tokenomics
INVITE is the native token of the INVITE dapp, and it plays a crucial role in the platform's ecosystem. The token has governance and voting rights, meaning holders can participate in decision-making processes that affect the platform's future. INVITE is issued exclusively on the TON blockchain, ensuring secure and transparent transactions.
There are several ways users can earn INVITE tokens:
● Task Rewards: New users who register on the Bitget exchange and complete the Know Your Customer (KYC) process can exchange 1000 UXUY tokens for 200 INVITE tokens. Existing users can exchange 200 UXUY tokens for 40 INVITE tokens.
● Invitation Rewards: Users who invite new members to the platform can earn up to 73 UXUY tokens per invitation. If the invited users complete all required tasks, the inviter can earn up to 200 INVITE tokens per invitation.
● Deposit Rewards: During specific campaign periods, such as the one from August 2 to August 8, users can receive 10% cashback on their net deposits at Bitget, with a hard cap of $50 worth of INVITE tokens per user. A total of $34,000 worth of INVITE tokens is allocated for these rewards.
● Airdrops: UXLINK plans to conduct airdrop events for qualified holders. These airdrops provide an opportunity for existing community members to receive free INVITE tokens, further incentivizing participation and growth within the platform.
INVITE Goes Live on Bitget
INVITE's innovative approach to social growth has significant implications for the broader Web3 ecosystem. Its success demonstrates the potential of decentralized applications to foster community engagement and growth in ways that traditional platforms cannot.
Discover the future of social growth with INVITE, now available for trading on Bitget.
How to Trade INVITE on Bitget
Listing time: 2 August 2024
Step 1: Go to INVITEUSDT spot trading page
Step 2: Enter the amount and the type of order, then click Buy/Sell
Trade INVITE on Bitget now!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
INVITE supply and tokenomics
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What is the development prospect and future value of INVITE?
The market value of INVITE currently stands at --, and its market ranking is #999999. The value of INVITE is not widely recognized by the market. When the bull market comes, the market value of INVITE may have great growth potential.
As a new type of currency with innovative technology and unique use cases, INVITE has broad market potential and significant room for development. The distinctiveness and appeal of INVITE may attract the interest of specific groups, thereby driving up its market value.