CyberConnect is a web3 social network that empowers developers to create social applications where users can own their digital identity, content, connections, and interactions.
The current landscape of social networks is dominated by a handful of profit-driven companies whose primary focus is their own economic gain. As a result, these platforms often exploit user data and manipulate content, communities, and users at scale to maximize revenue. The centralization of social network data creates an ecosystem that unfairly monetizes user data and stifles innovation, preventing developers from launching new social products and features.
CyberConnect aims to challenge this status quo by building a community-owned social network that enables users to have ultimate control over their digital lives, free from centralized and biased technology influences.
CYBER is the governance token for the CyberConnect protocol, used for the following functions:
Governance: CYBER token holders have voting rights and can delegate their voting power to others. Protocol improvements are decided based on voting power.
CyberID Payments: Used as payment when purchasing CyberIDs.
CyberAccount Gas Token: Serves as the price meter and gas fee payment method for all transactions within a CyberAccount across EVM-compatible chains.
The CyberDAO will introduce more use cases for CYBER.
CyberConnect is designed to support scalability for web3 social dApps and provide users with a social networking experience similar to web2.
CyberAccount: A multi-chain account system compatible with ERC-4337, offering seedless and gas-free user onboarding.
CyberGraph: A censorship-resistant smart contract for recording user content and social relationships with built-in monetization tools.
CyberNetwork: An efficient and scalable Layer 2 network bringing web3 social to the world.
The project has raised $25,000,000 through two rounds of private token sales, selling 25,120,000 CYBER tokens. The project also had a public sale on Coinlist, raising $5,400,000 with a CYBER price of $1.80.
