Cyber (CYBER)

About cyber (CYBER)

What is CyberConnect (CYBER)?

CyberConnect is a web3 social network that strives to empower users to own their digital identity, content, connections, and interactions. It provides a platform for developers to create social applications using ERC-4337/Account Abstraction. CyberConnect V3, the latest version, is a set of upgrades to the CyberConnect social network protocol that strives to usher web3 social into a multi-chain future. It consists of three core components: CyberAccount, an ERC-4337-compatible identity infrastructure; CyberGraph, a censorship-resistant database to record users’ content and social connections; and CyberNetwork, a gas-efficient and scalable network to bring CyberConnect to the world.

How does CyberConnect (CYBER) work?

CyberConnect operates through a decentralized social graph protocol that helps decentralized applications (dApps) bootstrap network effects and build personalized social experiences. The CyberConnect Protocol is designed for developers to create, access, and build upon decentralized social graphs on Ethereum and Solana. By using dApps built upon the protocol, users’ data becomes portable, self-sovereign, and blockchain-agnostic. CyberConnect V3 introduces CyberAccount, which helps users onboard to multi-chain web3 social experiences leveraging ERC-4337 Account Abstraction. CyberGraph, another component of CyberConnect, is a set of smart contracts that links user identities to their content and social connections, enabling the recording of that rich social data onto multiple EVM-compatible blockchains.

What are the potential use cases for CyberConnect (CYBER) ?

CyberConnect aims to provide a platform for developers to create innovative social applications where users own their identities and data. It enables creators to grow their audiences in a fairer, more direct, and decentralized environment. CyberConnect also introduces CyberID, an ERC-721 token that represents a unique handle for a user’s account in the CyberConnect social network. This allows users to have a unique identifier in the network, much like a unique identifier in traditional networks. Another use case is the introduction of W3ST (Web3 Status Token), a non-transferrable NFT with an on-chain issuer reference that acts as a digitally verifiable indicator of a user’s status in their community.

What is the history of CyberConnect (CYBER)?

CyberConnect has been involved in innovating new web3 social primitives, aiming to empower users to maximize the potential of their digital social identities. Over the past year, building upon and expanding CyberConnect V2, the team behind CyberConnect has learned several invaluable lessons to understand the challenges that lie between where we stand as an industry and working towards the goal of bringing web3 social to a larger user base globally. CyberConnect V2 incorporated a fundamental upgrade to the original CyberConnect social network protocol that deployed a hybrid (EVM +Arweave) scaling architecture for web3 social applications. This scaling solution enabled dApps in the CyberConnect ecosystem to register a significant number of profile sign-ups and enable new content tokenization primitives on networks beyond Ethereum Mainnet.