Cyber is a Layer 2 blockchain platform designed for social applications, utilizing account abstraction and seedless wallets to provide a seamless user experience while ensuring high transaction throughput at low costs. It enables developers to create decentralized applications that facilitate user connection, content creation, and monetization, addressing the inefficiencies and high costs associated with traditional social platforms.
Funding
$15M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing social media platforms often suffer from high transaction costs, lack of user control, and limited interoperability with other decentralized applications. Users are also exposed to platform risk due to the centralized nature of these services.
Solution
Cyber is a Layer 2 blockchain designed to address these issues by providing a dedicated infrastructure for social applications. It leverages account abstraction and seedless wallets to deliver a user-friendly experience with gas delegation and simple account management. Built on the OP Stack and utilizing EigenDA for data scaling, Cyber ensures high transaction throughput at low costs while enhancing security through ETH restaking. The platform also offers native yield for bridged assets and a decentralized sequencer and verifier network to reduce platform risk.
Target Audience
The primary target audience includes developers looking to build decentralized social applications, as well as users seeking a more user-friendly and secure social media experience on the blockchain.
Features
- Native account abstraction and seedless wallets for a seamless user experience
- High transaction throughput and low costs via EigenDA integration
- Compatibility with the OP Stack for interoperability with other EVM chains
- Decentralized sequencer and verifier network for enhanced security and reduced platform risk
- Native yield opportunities for bridged assets through a revenue-sharing model
- CyberID: On-chain identity solution
- CyberDB: Secure, scalable, and verifiable data network for social dApps