CyberConnect (CYBER)

• CyberConnect is a web3 social network that enables developers to create social applications empowering users to own their digital identity, content, connections, and interactions.

• The current social network landscape is dominated by a limited number of profit-driven corporations, whose primary focus is their own financial interests. As a result, these platforms often exploit user data and manipulate content, communities, and users on a massive scale to maximize revenue. The centralization of social network data creates an ecosystem that unfairly monetizes user data and hinders innovation, preventing developers from introducing new and innovative social products and features.

• CyberConnect aims to challenge this status quo by establishing a community-owned social network that offers users ultimate control over their digital lives free from centralized and biased tech.

• CYBER is CyberConnect's governance token, and can be used for the following functions:

  • Governance: CYBER token holders have voting power and can delegate their voting power to others. Protocol improvements are decided based on voting power.

  • Payment for CyberID: used for payment when purchasing CyberID.

  • CyberAccount gas token: used as the price meter and means of payment for gas fees for all transactions within CyberAccount across EVM-compatible chains.

  • More CYBER use cases shall be introduced by the CyberDAO.

• CyberConnect is designed to power the next stage of hyper scalability for web3 social dApps and give users a social networking experience that feels familiar to web2.

  • CyberAccount: an ERC-4337-compatible multi-chain account system that provides seedless and gasless user onboarding

  • CyberGraph: a censorship-resistant smart contract to record users’ content and social connections, with built-in monetization tools.

  • CyberNetwork: a gas-efficient and scalable L2 network to bring web3 social to the world.

• The project has raised 25,000,000 USD from two rounds of private token sales, where 25,120,000 CYBER token has been sold. The project also raised 5,400,000 USD from public sale on Coinlist where the CYBER price was 1.80 USD.

• As at August 1st 2023, the total supply of CYBER is 100,000,000 and the circulating supply upon listing will be 11,038,000 (~11.04% of the total token supply).

Key metrics (as at August 1st 2023)

1. What is CyberConnect?

• CyberConnect is a web3 social network protocol that enables developers to create social applications empowering users to own their digital identity, content, connections, and interactions.

• It has three core components: CyberAccount, an ERC-4337-compatible account system; CyberGraph, a censorship-resistant database built on multi-chain smart contracts to record users’ content and social connections; and CyberNetwork, a gas-efficient and scalable L2 network.

1.1 CyberConnect's Value Proposition

• CyberConnect creates long-lasting on-chain connections through the power of its network. Developers can build innovative social applications where users own their identities and data while creators can grow their audiences in a fairer, more direct, and decentralized environment.

  • For Developers: easily build innovative web3 social applications without worrying about infrastructure and cold start problems

  • For Creators: create content that they can own its distribution and monetization so that they can grow their audiences in a fairer, more direct, and decentralized environment.

  • For Users: easily onboard to web3 through social experiences around discovering content, communities, and social activities, while owning their digital identity, connections, and interactions.

1.2 CyberConnect's Key Highlights

• CyberProfile: a universal identity infrastructure that powers an entire ecosystem of web3 social experiences. In addition to storing basic personal information, CyberProfile anchors users’ self-sovereign digital identity, linking content and social connections to their identities. In total 1.25 million CyberProfile were minted.

• CyberAccount: With CyberConnect V3, CyberAccount is introduced to help users onboard to multi-chain web3 social experiences leveraging ERC-4337 Account Abstraction. Users could pay gas on any network with CYBER on one network. Within 24h after launching on July 25, 2023, it’s already the largest ERC-4337 Smart Contract Account out there.

• W3ST (Web3 Status Token): a non-transferrable NFT with on-chain issuer reference that acts as a digitally verifiable indicator of a user’s status in their community. It is a powerful instrument for users to find their tribe in web3. Organizations use W3ST to recognize their most engaged and loyal supporters and therefore build a digitally verifiable, immutable, and contextually meaningful contribution-based value system in their communities. A total of 4.5 million W3ST have been minted.

• Ecosystem Projects: CyberConnect builds a whole suite of developer toolkits including optimistic indexing API, relay transaction services, gas sponsorship services, and a recommendation engine for developers to build new web3 social applications without the need to build their own infrastructure. CyberConnect co-hosted #Connected2023 with BNB Chain and sponsored 7 smaller hackathons to onboard developers and teams worldwide. So far there are 50+ third-party projects built on CyberConnect including Phaver, ReadON, Huddle01 and more.

• Premium CyberID (.cyber): Over 42k users purchased a premium .cyber name, generating 278 ETH and 1,056 BNB.

CyberConnect Workflow

Source: CyberConnect

Protocol Metrics

Source: Dune Analytics

• Link3: a first-party social network application built on CyberConnect. Link3, launched in Q2 2022, is a web3 social network for building and discovering new communities. With a proven history of fueling over 2500 web3 teams’ growth and community engagement efforts, Link3 has helped top projects reach new audiences and retain existing ones through web3-native events, posts, and profiles.

Source: CyberConnect

• Link3 Organization Profiles: 2500 verified quality projects, organizations, VCs and communities in web3 are using Link3 Profiles as their official organization profiles, including BNB Chain, Arbitrum, dYdX, 1inch, Messari, Animoca Brands, TreasureDAO, Zerion. You can often find Link3 profiles in the bio section of web3 projects’ Twitter page.

Source: CyberConnect

• Link3 Events, Posts, and FanClub: In less than a year, over 10,800 events like AMAs, roundtables and panels are hosted on Link3. Over 1.8 million NFTs are minted from posts published on Link3 and over 1 million users have joined the FanClub and minted their FanPass.

Source: CyberConnect

2. Token sales and economics

2.1 Token Distribution

CYBER token allocation

CYBER token release schedule

3. Roadmap and Updates

3.1 Completed Milestones

3.2 Current Roadmap

• Q3 2023:

  • Continue rollout CyberConnect V3 on Optimism, Arbitrum and opBNB

  • Continue CyberTrek

  • Launch CyberDAO

• Q4 2023 (subject to DAO votes):

  • Launch CyberWallet app

  • Launch “Login with CyberConnect” SDK

• H1 2024 (subject to DAO votes):

  • Launch CyberGrant developer program

  • Launch CyberConnect V3 on more chains

  • Launch CyberNetwork L2

3.3 Commercial and Business Development Progress

• .cyber CyberID: Users are able to see their .cyber name on other apps. CyberID is integrated into apps including QuestN, Huddle01, AllsTo.

• Mocaverse: a PFP NFT collection of the Animoca Brands ecosystem. Mocaverse and CyberConnect will empower Mocaverse NFT holders to build their Web3 social reputation, establish meaningful connections, and co-create value through the various aspects of Mocaverse, including Moca XP, Realm Tickets, and NFTs.

• XMTP: An interoperable web3 inbox. Integration of CyberConnect into XMTP-powered messaging apps.

• Livepeer: a video infrastructure protocol. Integration of CyberConnect into Livepeer-powered video streaming apps.

• CyberTrek: a two-month journey with various blockchain partners (Polygon, Linea, Optimism, Arbitrum, opBNB, and more) and 50+ project partners to help users experience web3 with account abstraction.

4. Community

• CyberConnect Twitter | 385K followers

• Link3 Twitter | 174K followers

• Discord | 176K followers

• Telegram | 29K followers

5. Appendix

• Website

• Link3

• CyberConnect v2 Dune Dashboard

• CyberConnect v3 CyberAccount Dune Dashboard