With many new blockchain-based projects entering the coin market monthly, any project that fails to achieve a successful launch may find it challenging to survive in the crypto market.
However, Uwerx stands out as one project that has survived despite suffering a massive setback following its launch into the cryptocurrency market. This huge setback occurred a day after Uwerx joined the coin market, and it involved a hacker stealing over $376,000 from the Uwerx platform.
Expectedly, many users feared that their funds had been lost. However, Uwerx developers rebuilt users’ confidence through their resilience.
Since Uwerx displayed a penchant for longevity during its presale, experts knew it would take a bigger attack to stop the project on its path to success.
They trusted Uwerx developers to develop the right approach to tackle the challenge swiftly and efficiently.
Uwerx Successfully Navigates The Adversity
The hack on the Uwerx platform was just a minor setback for the project. Its developers showed they were up to the task and immediately started putting things in place to see that Uwerx gets back on the boat sailing for success.
The development team created another smart contract for the platform and sent it to two well-known auditors and one independent auditor for auditing. After completing the audits, the developers began working on the Uwerx platform.
With innovation in mind, they sought to add platforms like Asana, Monday.com, and LinkedIn. The team had community members decide on the sliding sell tax percentage and the vesting period.
Uwerx Prepares To Deploy The Platform In Full
The successful relaunch of Uwerx on October 25 did not make the project’s developers relax. Since then, they have continued to work on improving Uwerx and implementing its community suggestions for the project.
On November 17, the Uwerx development team announced that the Uwerx Vault was deployed and live. They asked users to check it out and to start using it.
The team also added that the entire sum of liquidity will be locked. They hope the move will dispel any accusations of “a rug-pull.” Additionally, they assured all community members that minting new tokens is impossible.
The first airdrop happened on November 22, much to the excitement of many community members.
Community members were also asked to check out the earlier introduced Uwerx freelance platform MVP and give feedback on their experience.
The MVP, built from scratch, had features like the Create account page, Notifications, Email Template Design, Navigate to Jobs, Chat and User Deletion, Logged-in flows, Task Editing, Create Task, and Google Authenticator.
It also featured the User Settings (email notifications) page, Invite page, LinkedIn connectivity, Agency Notes, Email change, and Requests. Uwerx developers plan to add more features as the platform develops.
Since many users noticed some bugs in the MVP, Uwerx developers started to fix these bugs. They began testing the platform, urging users to test it.
Following the success of the first airdrop, Uwerx conducted the second airdrop on November 29, 2023. The next airdrops were completed successfully on December 6th, 13th, 20th and 27th, and January 3rd, 10th, 17th, and 24th.
As promised during the presale, the team locked their liquidity and urged users to review it via this link. Furthermore, as per user requests the team locked tokens again for a further amount of time later in the year of 2024. This move shows the team’s commitment to transparency and will help cement users’ confidence in the project.
While the hack on August 2 may have set the Uwerx project back for a while, the Uwerx team reminded the community that Uwerx is still ahead of its roadmap. They added that the team’s current self-imposed timeframes and deadlines are what they chose to set for themselves. However, they will continually adapt to the variables that spring up and work towards a fully functional platform.
Website: https://www.uwerx.network
Twitter: https://twitter.com/uwerx_network
Telegram: https://t.me/uwerx_network