CyberConnect

What is the token?

CyberConnect (CYBER) introduces a decentralized social graph protocol that aims to transform social networking through blockchain technology. It targets the centralization, data isolation, and diminished value for creators that mark conventional social media. By integrating IPFS and Ceramic, CyberConnect grants users ownership over their social identities, content, and connections. This provides developers with comprehensive tools for creating applications that offer valuable social interactions, simplifying the process for Web3 developers to utilize social graph data, such as follower lists. This approach reduces the time and resources needed to recreate a social graph for each new application.

Tokenomics

• Ticker

• : CYBER

• Type

• : Utility-token

• Total Supply: 100,000,000 CYBER coins

• Accepted currencies

• : USDC, USDT

• Token distribution

• :

• Team & Advisors: 15%

• Private Sale: 25.12%

• Community Treasury: 10.88%

• Community Rewards: 12%

• Coinlist Public Sale: 3%

• Ecosystem Development: 34%

Market Data

As of today #{today’s date}, the price of CyberConnect is ₹419.85 INR or 4.771 USD, with a 24-hour trading volume of 50126016.14 USD. The market capitalization for CyberConnect is 147169555.9USD. The circulating supply is 30873083 CyberConnect, with the total supply also being 100000000 CyberConnect.

Token Pros and Cons

:

• Decentralization

• : Eliminates centralized control and data siloing.

• Data Ownership

• : Users own their social identities and content.

• Developer Friendly

• : Provides tools for building meaningful social applications.

• Blockchain Agnostic

• : Supports multiple blockchains for app development.

• Community Rewards

• : Incentivizes participation and contribution to the ecosystem.

:

• Market Volatility

• : Subject to the high volatility of the crypto market.

• Regulatory Uncertainty

• : Potential regulatory challenges in different jurisdictions.

• Adoption Barrier

• : Requires broader acceptance among users and developers.

• Technical Complexity

• : This may present a steep learning curve for non-technical users.

• Competition

• : Faces competition from other decentralized social networks and traditional platforms.

Why Should You Invest in the Coin?

• Innovative Solution

• : Addresses key issues of Web 2.0 social media with a decentralized approach.

• Growing Ecosystem

• : Support from a wide range of Web3 developers and projects.

• Token Utility

• : CYBER tokens have multiple uses within the ecosystem, including governance and payments.

• Community Driven

• : Strong focus on community rewards and treasury.

• Technical Foundation

• : Built on robust technologies like IPFS and Ceramic.

USP of the Coin

• Decentralized Social Graph Protocol

• : Unique approach to managing social graphs in a decentralized manner.

• Cross-Blockchain Support

• : Facilitates app development across multiple blockchains.

• User Data Ownership

• : Empowers users with ownership of their data and social connections.

Problem the Coin is Solving

CyberConnect aims to solve the problems of centralized control, lost creator value, data siloing, and stifled innovation in Web 2.0 social media by providing a decentralized protocol that returns data ownership back to users and helps developers build meaningful social applications.

Founder and Team Background

CyberConnect was founded in November 2021 by Wilson Wei, Ryan Li, Shiyu Zhang, and Zhimao Liu. The team behind CyberConnect comes from diverse backgrounds, contributing to the project’s innovative approach to decentralized social networking.

• Wilson Wei

• is listed as a co-founder and CEO of CyberConnect. He is a serial entrepreneur with a history of involvement in decentralized platforms, including being a former co-founder of Lino Network, a decentralized video platform. His LinkedIn profile further establishes his role within CyberConnect.

• Ryan Li

• is another co-founder of CyberConnect, bringing his expertise to the project’s development and strategic direction.

• Shiyu Zhang

• and

• Zhimao Liu

• are also co-founders, contributing to the foundational team that drives CyberConnect’s vision and execution.

The team’s collective experience in blockchain, decentralized applications (dApps), and social networking platforms positions CyberConnect to address the challenges of centralized social media through its decentralized social graph protocol. Their backgrounds suggest a strong foundation in both the technical and strategic aspects necessary for the project’s success.

ICO Price

• The Initial Coin Offering (ICO) and Initial Exchange Offering (IEO) price for CyberConnect (CYBER) was set at $1.80 per token.

• This price was established during the token sale event, aiming to provide early investors the opportunity to purchase CYBER tokens before public exchange listings.

• Initial Allocated Units

• : 3,000,000 CYBER tokens for public sale.

Risks Associated in Investing in the Coin

• Technical Risks

• : Potential bugs or vulnerabilities in the protocol.

• Market Competition

• : Risk of being outperformed by competitors.

• Adoption Rate

• : Dependency on widespread adoption by users and developers.

• Regulatory Risks

• : Possible adverse regulatory developments.

• Liquidity Risk

• : Potential challenges in buying or selling large amounts of CYBER without affecting the market price.

Whitepaper Insights

The CyberConnect whitepaper outlines the project’s vision to overhaul the current centralized social media landscape by introducing a decentralized social graph protocol. This protocol is designed to give users control over their data while enabling developers to create more engaging and meaningful social applications. The whitepaper delves into the technical architecture of CyberConnect, which is built on top of IPFS and Ceramic, ensuring that the platform is decentralized, scalable, and secure.

One of the core components of CyberConnect is its decentralized social graph, which allows for the creation, storage, and management of user connections in a way that is not controlled by any single entity. This is a significant departure from traditional social media platforms, where platform providers own and monetize user data and connections.

CyberConnect’s approach enhances user privacy and security and opens up new possibilities for social interactions and content sharing in the Web3 space.

The whitepaper also details the CYBER token’s role within the ecosystem, including governance, payments, and incentivization mechanisms. Token holders can participate in governance decisions, influencing the development and direction of the protocol. Additionally, the CYBER token is used for transactions within the ecosystem, such as minting CyberProfiles and paying for services.

CyberConnect’s roadmap and plans are also highlighted, showing a commitment to expanding the protocol’s features, supporting more blockchains, and growing the community of users and developers. The project aims to become the foundational layer for decentralized social networking, enabling a new generation of applications that prioritize user agency and data sovereignty.

Overall, the CyberConnect whitepaper presents a compelling vision for the future of social networking, emphasizing decentralization, user empowerment, and innovation. By addressing the limitations of current social media platforms, CyberConnect seeks to pave the way for a more open, interconnected, and user-centric Web3 ecosystem.