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CyberConnect is a web3 social network that enables developers to create social applications that enable users to have their own digital identities, content, connections and interactions.
The current social networking landscape is dominated by a small number of profit-oriented companies whose main focus is on their own economic interests. As a result, these platforms often leverage 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 hinders innovation, thus preventing developers from launching new social products and features.
CyberConnect aims to challenge this status quo by building a community-owned social network, allowing users to ultimately control their digital lives without the influence of centralized and biased technologies.
CYBER is a governance token of the CyberConnect protocol and can be used for the following functions::
Governance: CYBER token holders have voting rights and can delegate their voting rights to others. The agreement improvements are determined based on voting rights.
CyberID Payment: Payment when purchasing CyberID.
CyberAccount Gas Token: Used as a price meter and Gas fee payment method for all transactions across EVM-compatible chains within CyberAccount.
CyberDAO will introduce more CYBER use cases.
CyberConnect aims to enable the scalability of web3 social dApps and provide users with a similar social networking experience as web2.
CyberAccount: ERC-4337-compatible multi-chain account system, providing seedless and Gas-free user boot
CyberGraph: A censorship-resistant smart contract that records user content and social relationships, and has built-in monetization tools.
CyberNetwork: An efficient and scalable L2 network that brings web3 social networking into the world.
The project has raised $25,000,000 through two rounds of private token sales, of which 25,120,000 CYBER tokens have been sold. The project is also publicly available on Coinlist, raising $5,400,000, of which the CYBER price is $1.80.