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CyberConnect, web3’s earliest and largest decentralized social community protocol, simply introduced the launch of Cyber, the primary restaked modular Ethereum Layer 2 designed for social and optimized for mass adoption.
Powered by EigenLayer and Optimism, in partnership with AltLayer, Cyber serves because the social layer for web3 purposes and the gateway for the following wave of customers to entry web3 experiences, instruments and monetary liquidity throughout all Layer 2 ecosystems.
Cyber Sepolia Testnet, secured by AltLayer, will probably be reside subsequent week. CYBER staking is now reside the place members can earn CYBER Season 2 Rewards. On the finish of the 3-month marketing campaign interval, as much as 1M CYBER tokens are to be rewarded to stakers. customers and builders can discover extra data on cyber.co
Cyber is the most recent providing from the crew behind CyberConnect, the social community protocol, Link3, knowledgeable networking platform, and CyberWallet, the industry-leading ERC-4337-compatible good account answer. Since its inception, the CyberConnect social community protocol, with Link3 and a whole lot of third-party ecosystem apps, has onboarded 2M+ customers, who’ve cumulatively executed greater than 20M transactions and spent $2.6M+ in gasoline charges. The crew has acquired $25M in funding from Multicoin, Binance Labs, Animoca Manufacturers, Hashed, The Spartan Teams, Delphi Digital, amongst many others.
Future is social
Social is the gateway to web3’s mass adoption.
Essentially the most used shopper merchandise on web2 are social apps. Decentralized social reinstates true consumer possession and might redistribute as much as $150B worth locked in Large Tech again to creators, customers, and builders, making a virtuous cycle for creativity and innovation.
Blockchain-based social networks additionally present a superb entry level for customers to discover the broader onchain economic system. The onchain economic system overly specializing in monetary actions can solely interact a restricted variety of customers. The remainder of the world must onboard web3 as a result of their buddies are right here.
Sadly, decentralized social apps of their present stage are inadequate to carry billions of customers onchain. Builders should navigate the messy maze of poor blockchain consumer expertise, excessive gasoline charges, and low blockchain throughput. Groups even have their backs towards the wall when working with blockchain economies which can be incompatible with their app economies.
Cyber is the primary Ethereum L2 particularly designed for social, which helps builders construct and scale web3 apps.
What makes Cyber completely different?
Cyber is dedicated to creating ‘onchain’ the brand new ‘on-line.’ Right here’s the way it works below the hood:
◆ Scaling shopper apps whereas remaining Ethereum-aligned with Eigenlayer
Cyber can execute as much as 100k transactions per second with ultra-low gasoline charges (<~0.01¢). Cyber additionally deploys a decentralized community, which is able to, sooner or later, be secured by twin staking of each ETH and CYBER.
◆ Dedicated to the Superchain imaginative and prescient with Optimism.
Gone are the times of locking customers into one community or ecosystem. Dedicated to OP Collective’s Superchain imaginative and prescient, Cyber offers the social infrastructure for the ecosystem and empowers customers and devs to entry your entire onchain economic system throughout Superchain.
◆ Onboarding a billion customers with good accounts.
Cyber natively helps account abstraction with EIP-7560, upgrading web3 onboarding to be as seamless as web2. Native EIP-7212 assist empowers customers to manage their blockchain accounts with passkeys or FaceID.
◆ Cyber = Social
Cyber makes constructing and rising social apps 100x simpler. The enshrined social graph assists builders in bootstrapping their apps and leveraging shared community results. CyberDB, a cost-friendly & performant decentralized storage service powered by EigenLayer AVS, is essentially the most aggressive decentralized storage answer out there to groups immediately.
◆ Economies that work
On Cyber, each community participant, from builders to customers, earns financial rewards for contributing worth. Earn native yield together with your bridged ETH, LST, and LRT or develop your passive revenue via shared protocol charges.
Neighborhood rewards are to not be forgotten! And look out for extra ecosystem rewards!
Roadmap
Stage 1 (Q2 2024): Testnet w/ governance framework. Stage 2 (Q3 2024): Mainnet w/ @EigenDA & decentralized verifier. Stage 3 (This fall 2024): CyberDB launch Stage 4 (Q1 2025): Native AA reside
Cyber Sepolia Testnet will probably be reside subsequent week. And CYBER staking and CYBER Season 2 Rewards are reside now.
For extra data please go to cyber.co
About CyberConnect
CyberConnect is a web3 social community that permits builders to create social purposes empowering customers to personal their digital identification, content material, connections, and monetization channels. Messari, Rarible, 1inch, BNB Chain, together with 3,000+ tasks and 2M+ customers and creators are constructing long-lasting connections via apps constructed on CyberConnect.
Disclaimer: The data offered on this press launch shouldn’t be a solicitation for funding, neither is it meant as funding recommendation, monetary recommendation, or buying and selling recommendation. It’s strongly really helpful you observe due diligence, together with session with knowledgeable monetary advisor, earlier than investing in or buying and selling cryptocurrency and securities.
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