CyberConnect Partners with Animoca Brands to Develop Decentralized Social Layer
CyberConnect, a pioneering social network in the Web3 space, has signed a memorandum of understanding with Animoca Brands to collaborate on the development of a decentralized social layer for Mocaverse, an NFT collection within the Animoca Brands ecosystem. Here are the key points:
– CyberConnect’s smart account infrastructure, CyberAccount, will enhance the identity layer of Mocaverse, enabling companies under Animoca Brands to create their own social graph.
– The partnership aims to improve user experiences across various games, products, and services by providing seamless interoperability.
– CyberAccount, introduced through the recent V3 upgrade, is a scalable and vetted smart account powered by ERC-4337, accounting for over 90% of all smart accounts created in the ERC-4337 domain.
– The collaboration sets a benchmark in the Web3 social network space, paving the way for consumer products and applications that do not require users to reestablish their networks.
– By integrating a social graph with CyberAccount, developers can expedite the launch of decentralized applications and tap into new user demographics.
CyberAccount Simplifies Crypto Wallets for Web3 Developers
ERC-4337-powered smart accounts, such as CyberAccount, simplify the complexities of crypto wallets for Web3 developers. This ensures an intuitive user experience and onboarding process similar to Web2. Here’s what you need to know:
– While solutions like MetaMask provide access to a crypto-native user base, they lack the tools for deploying tailored user experiences.
– CyberAccount allows developers to integrate a social graph into their applications, reducing time-to-market and reaching new users.
– Animoca Brands aims to broaden its reach with this ‘super account’ strategy, offering developers an unparalleled user onboarding solution.
Future Plans and About CyberConnect
In the coming months, Animoca Brands plans to extend support for CyberAccount across Mocaverse, allowing users to integrate their networks of friends, fans, followers, and connections into their favorite applications. Here’s some additional information about CyberConnect:
– CyberConnect is Web3’s earliest and most expansive social network, empowering developers to craft social applications using ERC-4337/Account Abstraction.
– The protocol currently has 1.2 million user profiles, with 400,000 monthly active wallets executing over 16.3 million transactions.
– CyberConnect’s native token, CYBER, is listed on major cryptocurrency exchanges such as Binance, Bithumb, and Bitget.
Hot Take
The partnership between CyberConnect and Animoca Brands marks a significant step forward in the development of decentralized social networks within the Web3 space. By integrating a social layer into NFT collections like Mocaverse, the collaboration aims to enhance user experiences and simplify the onboarding process for developers. This strategic move has the potential to reshape the way consumer products and applications are created in the crypto industry.
By
By
By
By
By
By