CyberConnect Price

CyberConnect provides a web3 social platform where users have ownership and control over their digital identity, content, connections, and monetization. In the decentralized social media space, CyberConnect aims to address issues such as censorship by building censorship resistance into the architecture. Content creation and moderation are distributed across the network, reducing reliance on centralized authorities.

One of the key value propositions of CyberConnect is empowering creators. Unlike traditional social media platforms, where creators receive only a small share of the revenue they generate, decentralized social networks like CyberConnect allow creators to directly monetize their content and community, enabling them to retain a larger portion of the value they create.

The CYBER token is the native cryptocurrency of the CyberConnect ecosystem. It is used for various purposes within the network, such as rewarding creators, facilitating transactions, and incentivizing participation.

CyberConnect is a decentralized social graph protocol that aims to disrupt the traditional Web2 social model by addressing issues such as user data monopolization and lack of data and identity interoperability between different platforms. Here is an overview of how CyberConnect works:

Decentralized Social (DeSoc) Graph

CyberConnect builds a unified social graph, allowing users to migrate their identity information and social relationships to different networks and platforms while ensuring complete ownership of their personal data. This means that users can maintain their social connections and data even when switching between platforms.

Interoperability

CyberConnect enables interoperability between various platforms and public chains. It allows users to aggregate their social connections from different platforms and fields into a single social network, eliminating the need to rebuild social relationships when transitioning to a new platform.

Data Ownership and Control

With CyberConnect, users have complete control over their personal data. Instead of data being monopolized by centralized platforms, users can choose to store their data securely on the blockchain and grant access permissions to different applications or platforms as they see fit.

Potential Gateway for Web3

CyberConnect has the potential to become a pivotal gateway for web3. As the protocol facilitates data and identity interoperability, it can serve as a bridge connecting different web3 applications and platforms, enabling seamless user experiences and enhancing the overall web3 ecosystem.

The CyberConnect project seeks to challenge the centralized and profit-driven nature of traditional social networks by establishing a community-owned platform.

CyberConnect V1

The initial version of CyberConnect focused on building the foundation of a decentralized social network (DeSoc network). It aimed to provide users with ownership and control over their data, as well as introduce features like decentralized identity and standardized data formats.

CyberConnect V2

The roadmap includes the development of CyberConnect V2, which aims to provide greater scalability and usability to users. It plans to achieve this by implementing CyberAccount, an ERC-4337-compatible multi-chain account system that enables seamless and gasless user onboarding.

CyberConnect V3

The future roadmap of CyberConnect includes the development of CyberConnect V3. This version aims to bring web3 social to a broader audience by introducing CyberGraph, a censorship-resistant smart contract for recording users' content and social connections. It also envisions the implementation of CyberNetwork, a gas-efficient and scalable Layer 2 network.

CyberConnect has conducted private token sales and a public sale on Coinlist to raise funds for its development. The project has raised 25,000,000 USD from private token sales, selling 25,120,000 CYBER tokens. Additionally, it raised 5,400,000 USD from a public sale on Coinlist.

KuCoin listed $CYBER on our platform in November 2023.

According to the CyberConnect data, the total supply of CYBER is fixed at 100,000,000 tokens. Of this, the circulating supply of $CYBER is a little over 11 million tokens as of November 2023. The CYBER token distribution is as follows:

1. 25.12% of CYBER tokens were issued during the private sale.

2. 15% was reserved for the CyberConnect team and advisors.

3. 10.88% of tokens were allocated to the Community Treasury.

4. 10% was reserved for marketing activities.

5. 39% were allotted for other activities.