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FollowingInterLink Labs has exceeded 10 million users and launched a community celebration
InterLink Labs has reached the milestone of 10 million Linkers. To commemorate this occasion, the project party launched a large-scale community celebration, including token repurchases, exclusive rewards and offline gatherings in many places around the world.
InterLink Labs funded Reverse Auction Repurchase
The core of the celebration is a reverse auction repurchase program fully supported by InterLink Labs 'own funds for $ITL tokens. This mechanism allows $ITL holders to submit a quote stating the number of tokens they wish to sell and the price, and InterLink Labs will select the most competitive bid. Tokens purchased through the program will be used specifically to fund community rewards and special events for the first batch of 10 million Linkers.
The first phase of the repurchase lasts for two weeks and will end on August 24, 2026. InterLink Labs confirmed that the repurchase program was approved by the InterLink Foundation before launch and positioned it as a long-term capital discipline initiative rather than a one-time promotion.
Gifts, Meets and VIP Periodals
In addition to repurchase, the project party promises to provide a "special gift" to each of the top 10 million registered users, but the specific details have not been disclosed. InterLink also plans to hold offline meetings in multiple cities around the world, giving community members the opportunity to communicate on a large scale for the first time.
Top community contributors will receive exclusive VIP peripheral merchandise in recognition of ambassadors and active participants who drive growth. According to InterLink Labs, the project currently has more than 3500 ambassadors in 131 countries.
InterLink Labs describes itself as a human-based blockchain network that verifies real users through facial vividness detection and issues each verified participant a unique on-chain identity, known as a "human node." The app is free to use and requires no hardware or prepayment. The project is a participant in Google's for Startups program, and its human-AI model has been ranked alongside world-renowned technology companies in NIST benchmarks. However, it should be noted that user data is self-reported, and as of now, there have been no publicly confirmed major audit reports from third parties on their smart contracts.
The dual token structure-$ITLG as an internal participating token and $ITL as an external payment token-supports the reward mechanism. InterLink Labs said it allocates 50% of its token supply to users and uses destruction and repurchase as core economic levers.
