CyberConnect (CYBER)

Social Identity and Ownership

CyberConnect lets users own their digital identity, content, and social connections. It provides a decentralized social graph protocol where users control their data instead of centralized platforms.

Developer Tools and Ecosystem

Developers use CyberConnect to build social applications that connect users across multiple blockchains. The platform offers tools like CyberAccount for easy onboarding and CyberGraph for recording social data on-chain.

Token Utility

The CYBER token is used for transactions, rewarding creators, paying gas fees, and participating in governance decisions within the CyberConnect ecosystem.

Unique Features

• CyberID: A unique ERC-721 token that acts as a user’s handle on the network.
• W3ST (Web3 Status Token): A non-transferable NFT showing a user’s status in communities.
• CyberGraph: Smart contracts that link identities to content and social connections across blockchains.

Network and Scalability

CyberConnect supports multiple chains like Ethereum, BNB, and Polygon, offering low fees and high transaction speeds to enable smooth social interactions on Web3.

Pros

• CyberConnect is a decentralized Web3 social blockchain protocol that lets users own their digital identity, content, and social connections.
• It supports developers to build social apps with features like multi-chain onboarding and gas fee abstraction using ERC-4337.
• The platform offers censorship-resistant data recording through its CyberGraph smart contract system.
• Creators can directly monetize their content and community, keeping more value than on traditional social media.
• CyberConnect aims to solve problems of centralized control, data siloing, and lost creator value in Web2 social networks.
• It has a growing ecosystem with tools that simplify building social applications and enable seamless user interactions.

Cons

• The platform can involve gas fees for transactions, which may add to user costs.
• As a newer Web3 project, CyberConnect’s long-term adoption and price stability are still uncertain.
• Price predictions for the CYBER token vary widely, reflecting market volatility and evolving project developments.
• Some users may find blockchain-based social networks less familiar or harder to use compared to traditional platforms.

For more details, visit CyberConnect’s official resources and community channels.

Founders of CyberConnect

CyberConnect was founded in 2021 by a team including Wilson Wei, Ryan Li, Shiyu Z., and Zhimao Liu. Wilson Wei is often recognized as the main founder and leader of the project. The team is based in Silicon Valley and focuses on building a decentralized social graph protocol for Web3.

Lead Investors

Animoca Brands and Sky9 Capital are the main lead investors in CyberConnect's funding rounds.

Other Notable Investors

Other investors include Multicoin Capital, Binance Labs, Draper Dragon, Hashed, Zoo Capital, Protocol Labs, UpHonest Capital, GGV Capital, Tribe Capital, and XRM Media.

Funding Overview

CyberConnect has raised around $25 million over multiple rounds from a total of about 27 investors. The largest round was a $15 million Series A round in May 2022.

For more details, visit CyberConnect's official website at cyber.co.

Halal Status of CyberConnect

• Yes or No: There is no clear, authoritative source explicitly stating that CyberConnect is halal or haram.
• Reason: Determining if a crypto token like CyberConnect is halal depends on factors such as its use, compliance with Islamic finance principles (e.g., no interest/riba, ethical business practices), and scholarly interpretation. No specific halal certification or ruling was found for CyberConnect.