Projects listed: 276 |
BTC Dominance: 51.26% | Volume (24h): $33,238,065,655 | Market Cap: $2,218,842,921,330
CyberConnect
CYBER
$3.34
Sector
Social Media
Exchange Debut
2023-08-15
Market Cap
77,562,723
Maxim Supply
100,000,000
Circulating Supply
23,249,167
Circ. Supply(%)
23.25%
CyberConnect
CYBER
Price
$3.34
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
7665250
3.388898087073
3.198792401732
Change 24h
Change 7d
Change 30d
2.9326
0.7457
10.1947
Maxim supply
Circulating supply
Circulating supply(%)
100,000,000
23,249,167
23.25%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the CyberConnect cryptocurrency:
CyberConnect is a pioneering Web3 social network enabling developers to craft innovative social applications. These applications put power back into users’ hands, allowing them to own their digital identity, content, interactions, and connections. With the release of CyberConnect V3, CyberAccount was birthed to simplify users’ experiences across multi-chain Web3 social landscapes. Through ERC-4337 Account Abstraction, users can seamlessly pay gas across multiple networks using CYBER from one network. Considering the ambitious nature of the project, the fundamental analysis of the cryptocurrency CyberConnect has resulted in an overall score of 7.06 out of 10.
SOCIAL & MASS MEDIA: Score 8.3 out of 10
CyberConnect excels in social and mass media engagements. Its performance is commendable. The project attracts many followers impressively. Active community participation on its pages scores a perfect 10 out of 10. However, its social media administrators could improve. The media presence of CyberConnect is significant. They also boast expansive chat group communities. Clearly, CyberConnect is a hot topic in the digital world.
AUDIT & SECURITY: Score 3.9 out of 10
Audit and security are crucial aspects of any crypto project. While CyberConnect showcases reasonable transparency and liquidity on exchanges, the audit results raise a few concerns. Investors and users would appreciate further reassurances and improvements in this area, given the importance of trust in a Web3 environment.
TOKENOMICS: Score 3.95 out of 10
CyberConnect’s token economy, unfortunately, did not fetch high scores in terms of inflationary aspects and decentralization of its monetary mass. A more balanced approach to its token distribution and controlling inflation could bolster its standing in the eyes of potential investors.
ECOSYSTEM DEVELOPMENT: Score 7.72 out of 10
On a brighter note, CyberConnect exhibits impressive strides in ecosystem development. Their dedication to achieving objectives and commitment to bringing novel developments to the project signifies growth potential and a vision for the future.
TEAM & DEVELOPERS: Score 7.68 out of 10
A robust team is the backbone of any successful project. The experience within the CyberConnect team shines bright, although the number of software developers might be an area they can bolster for more comprehensive project development.
PRODUCT & UTILITY: Score 7.76 out of 10
CyberConnect’s product utility aligns seamlessly with its purpose, and the role of its tokens within the ecosystem is evident and constructive. This congruence can drive user adoption and enhance the platform’s value proposition.
PARTNERS & INVESTORS: Score 9.65 out of 10
The project’s partnerships and investors underscore its credibility. A strong backing from quality partners and influential investors speaks volumes about its potential and trustworthiness.
Fundamental analysis of the CyberConnect cryptocurrency – The final conclusion
Analyzing the scores from the fundamental analysis of the cryptocurrency CyberConnect, it’s evident that the project has numerous strengths, especially in social engagement, ecosystem development, and robust partnerships. However, areas like audit, security, and tokenomics require attention and improvement. For potential investors, while CyberConnect offers a promising future, especially given its unique niche in Web3 social networks, caution is advised. One should closely monitor updates in its audit and security measures, as these are crucial for ensuring a safe and rewarding investment experience. All in all, with the right tweaks and improvements, CyberConnect could very well be a game-changer in the Web3 social domain.
What is CyberConnect?
Understanding CyberConnect’s Core Offerings
CyberConnect, a prominent Web3 social platform, provides developers the means to craft applications promoting user ownership over digital identity and interactions. The latest iteration, CyberConnect V3, incorporates the novel CyberAccount, streamlining users’ access to multi-chain Web3 social experiences using ERC-4337. Importantly, it allows users to handle gas fees across different chains with the CYBER token from a single network.
CyberGraph: A New Dimension to Social Contracts
CyberGraph, a pioneering censorship-resistant contract, archives user interactions and content. This suite of contracts intricately ties user identities, called CyberAccounts, to their digital footprint, pushing this vast data to multiple EVM-ready blockchains. This strategic design of CyberGraph not only aids in preserving high-value user data but also opens new avenues for token-based monetization in the social domain.
Introducing CyberID
In an era where online handles signify one’s identity, CyberID, an ERC-721 token, stands out as the digital moniker within the CyberConnect universe. Existing CyberProfiles from the previous V2 model are set for an upgrade to these unique CyberIDs.
The Vision and Drive Behind CyberConnect
CyberConnect stems from the grand vision of a digital rebirth – aiming to return data ownership squarely to the user. The genius minds behind CyberConnect have continually innovated, pushing boundaries to truly harness the potential of digital social personas. Their relentless efforts with CyberConnect V2 have paved the way for CyberConnect V3, envisioned as the bridge to a decentralized, multi-chain digital social future.
Building a Robust Web3 Social Ecosystem
The journey of creating CyberConnect hasn’t been without its hurdles. Challenges such as identity fragmentation and the convoluted process of toggling between blockchains became evident. Yet, with a determined revisit to decentralized networking principles, the CyberConnect team has reiterated their commitment to user-centricity, multi-chain functionality, and scalability.
To conclude, the fundamental analysis of the CyberConnect Infinity Cryptocurrency reveals a promising platform poised to redefine Web3 social interactions, ensuring user autonomy and data sovereignty.
- Latest analysis update: August 18, 2023
CyberConnect - CYBER performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
