Want to design your own artist #NACP? Check out our upcoming #PFP platform! Let`s NACP Sneak Peek together... Let`s go.. ......   NACP Sneak Peek: Banned Nervape   🌳 If you wander the forests of the Third Continent you might meet the enigmatic Banned #Nervape! Banned from her home world for

🎆Unicorn Ultra is one of the most promising blockchain Layer 0, focusing on providing enterprise solutions and ESG. With the release of the Nebulas Testnet Campaign, U2U is on the way to being completed and ready to provide the most advanced ecosystem to all users. Can’t wait to join and experience the one-and-only Nebulas Testnet Campaign? Join the Nebulas Testnet Airdrop to have the opportunity to be one of the luckiest users to win U2U Testnet Tokens without waiting for hours to get them.

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🎆Unicorn Ultra is one of the most promising blockchain Layer 0, focusing on providing enterprise solutions and ESG. With the release of the Nebulas Testnet Campaign, U2U is on the way to being completed and ready to provide the most advanced ecosystem to all users. Can’t wait to join and experi

💥Unicorn Ultra: Nebulas Testnet #Airdrop💥

A good look at one of NFTScan’s analytics focus points will take you to a new, innovative part of decentralized finance associated with NFTs known as “NFT-backed financing” or “NFT-Fi”. Users of the NFT borrowing and lending protocol have taken out loans totaling nearly $2.4 billion, according to NFTScan data. The market has taken note, and Binance has also moved into NFT lending. Now let’s venture into the world of browsers and lenders.

![](https://miro.medium.com/v2/resize:fit:1400/1*9kcCZAZJOCSWesT0aSu3jw.png)NFTScan NFT-Fi data

> NFTScan NFT-Fi data: [https://www.nftscan.com/nftfi](https://www.nftscan.com/nftfi)

## **Decoding NFT-Backed Financing**

NFT-backed financing, commonly referred to as “NFT lending,” is an innovative form of decentralized finance that enables individuals to leverage their non-fungible tokens (NFTs) as collateral for acquiring loans or lines of credit.

In this lending model, borrowers secure their loans by pledging NFTs as collateral, while lenders assess the NFT’s value based on market price and other relevant factors. If the NFT satisfies the lender’s criteria, the borrower can obtain a loan in the form of cryptocurrency or stablecoins. The borrower must repay the loan, along with interest, within a predetermined period. Failure to do so may result in the lender seizing the NFT collateral.

## **Tapping into the Potential of NFTs**

One of the most significant challenges in the NFT space has always been liquidity, and NFT-backed financing is emerging as a groundbreaking solution for investors to access liquidity through the value of their NFT assets. With NFT lending, individuals seeking immediate liquidity can avoid selling their digital assets, particularly when market prices are unfavorable. This method offers numerous benefits over conventional lending models, such as reduced transaction fees, expedited approval times, and increased flexibility.

As NFT-backed financing gains popularity, it holds the potential to democratize access to capital, stimulate innovation by supporting creators and artists, and present new investment opportunities in the digital landscape. This financial model not only empowers individuals to unlock the value of their NFT assets but also contributes to the growth and development of the broader NFT ecosystem. By embracing NFT-backed financing, both borrowers and lenders can benefit from a more inclusive, efficient, and flexible lending experience in the ever-evolving digital world.

## **Navigating the Risks of NFT-Backed Financing**

While NFT-backed loans present an opportunity to access additional liquidity from digital assets, they also carry substantial risks due to the inherent volatility of NFTs. A notable example from 2021 involves an “Elevated Deconstructions” NFT, which served as collateral for a US$12,000 loan. Initially valued at around US$39,600, the NFT’s worth skyrocketed to approximately US$300,000 within a month, following endorsements from celebrities like Snoop Dogg. Despite this increase in value, the borrower defaulted on the loan and ultimately forfeited the high-value NFT.

Such instances highlight the “lend-to-own” strategy adopted by some lenders to acquire potentially valuable NFTs if borrowers fail to repay their loans. However, lenders also face risks due to the volatile nature of the NFT market, where collateral value can fluctuate significantly during the loan term because of intangible factors like scarcity and shifting popularity. This was evident in 2022 when Bored Ape Yacht Club (BAYC) NFT prices plunged by 80% within six weeks. Borrowers who had over-leveraged themselves using their Apes as collateral for loans faced margin calls, a situation in which lenders demand additional collateral to account for the decreased value of the asset.

The prevalence of wash trading in the NFT market further complicates this landscape. This fraudulent practice, which is illegal in U.S. securities markets, involves an investor acting as both buyer and seller to artificially increase trading volumes and inflate prices. This issue extends beyond Ethereum and affects other blockchains such as Solana, Binance, Polygon, Cardano, Flow, and Arbitrum. These market distortions emphasize the need for a standardized valuation method that incorporates technological innovations like big data analytics, machine learning algorithms, and AI tools to deliver reliable and accurate NFT valuations, which are crucial for the stability and growth of NFT-backed financing.

## **Rapid Growth of Blend: Blur.io’s NFT Lending Platform**

NFT marketplace Blur.io launched its peer-to-peer NFT lending platform, aptly named Blend, on May 1. In just one month, according to NFTScan data, the platform facilitated over $1.4 billion in loans (58.33% of loan volume in the whole ecosystem), significantly outpacing its closest competitor, NFTfi, which has an all-time loan volume of about $470 million.

![](https://miro.medium.com/v2/resize:fit:1400/1*mkplJQJ1TAiyxtJMMAVO_Q.png)NFTScan Data: Blur’s Total Borrow Volume (1 month time frame)![](https://miro.medium.com/v2/resize:fit:1400/1*Srm_bE47_m9Q-xQdNpb5zg.png)NFTScan Data: NFTfi Total Loan Volume (All time frame)

**What’s their secret?**

Blend’s market share is expected to grow as it continues to expand its offerings. At present, the platform supports loans backed by four NFT collections: Miladys, Azukis, DeGods, and wrapped versions of CryptoPunks.However, Blur recently announced it would be launching lending for Clone X, and other projects are expected to be added in the near future.

![](https://miro.medium.com/v2/resize:fit:1400/1*2GIyjsjVUDuHVY1TD03AYg.png)[Link](https://twitter.com/blur_io/status/1661764175742517248?s=20)

This move to only give loans to blue-chip NFTs as collateral is one of the reasons why there are little or no liquidated NFTs in their lending protocol at the moment according to NFTScan Data.

![](https://miro.medium.com/v2/resize:fit:1400/1*zm9X1-v19Ew6nrqwC90HEA.png)When compared to NFTfi which offers variety NFT options as a means of collateral the reverse is the case

![](https://miro.medium.com/v2/resize:fit:1400/1*fyc0srbTwsq3yPpVjrcK0Q.png)Blend’s emergence in the NFT lending market follows Blur’s earlier success. According to analytics from NFFTScan, Blur secured 45.22% of the NFT marketplace market share just a few months after its launch, quickly surpassing OpenSea to become the market leader. This was largely driven by Blur’s native token airdrop in Q1 2023, which resulted in a significant increase in Ethereum’s NFT trading volumes​.

![](https://miro.medium.com/v2/resize:fit:1400/1*4uRTnp3HdYdUD_fOhrECSA.png)[Link](https://twitter.com/blur_io/status/1661491144243707904?s=20)

This strategic move is not only likely to retain existing users but also to continue to attract new participants to the platform. However, while Blend’s rapid ascension in the NFT lending market is undoubtedly impressive, it is important for participants to understand and navigate the inherent risks involved in using NFTs as collateral for loans.

## **Conclusion**

The revolutionary potential that this Web3 invention holds for the future of finance must be taken into account as we traverse the terrain of NFT-backed funding.

By releasing liquidity, lowering entry barriers, and improving market efficiency, NFT-backed finance is advancing the usefulness of NFTs. As a result, it is anticipated to have a big impact on the continued advancement and uptake of NFTs in the upcoming years.

Although NFT financing is a relatively new idea in the world of finance, the emergence of platforms that allow people to lend or borrow money using NFTs as collateral has opened up new opportunities for financing, especially for those who might not have access to traditional forms of collateral.

![](https://miro.medium.com/v2/resize:fit:1400/1*Q6Y2ggVDHzbmXUlTvOV_Pg.png)

# About NFTScan

NFTScan is the world’s largest NFT data infrastructure, including a professional NFT explorer and NFT developer platform, supporting the complete amount of NFT data for 15 blockchains including Ethereum, Solana, BNBChain, Arbitrum, Optimism, and other major networks, providing NFT API for developers on various blockchains.

**Official Links:**

NFTScan: [https://nftscan.com](https://nftscan.com/)

Developer: [https://developer.nftscan.com](https://developer.nftscan.com/)

Twitter: [https://twitter.com/nftscan_com](https://twitter.com/nftscan_com)

Discord: [https://discord.gg/nftscan](https://discord.gg/nftscan)

[NFTScan Connect Program](https://medium.com/nftscan/nftscan-launches-nftscan-connect-program-to-support-early-stage-web3-startups-1a0470698002)

A good look at one of NFTScan’s analytics focus points will take you to a new, innovative part of decentralized finance associated with NFTs known as “NFT-backed financing” or “NFT-Fi”. Users of the NFT borrowing and lending protocol have taken out loans totaling nearly $2.4 billion, accor

Analysis | A deep dive into the NFT lending ecosystem and reasons for Blur’s lending protocol holds the top spot in the market

Social media reimagined our entire concept of friends and what it means to connect. Across a growing digital frontier of growing social networks, phrases like “friend me,” “follow me,” “like this,” and “share that” became parts of our everyday vernacular. As a result, they disrupted the way we share, create, debate, and earn via our online identity and content.

What could go wrong?

Like many once-novel sectors of technology, social media’s potential to enable long-lasting connections that empower users via their online identities — versus suffering manipulation because of it — has dwindled and outright failed. Among many other use cases that improve traditional systems (art, finance, real estate, etc.), [web3](https://ethereum.org/en/web3/)’s token-powered protocols and decentralized social media’s growing landscape offer a drastically different approach to the conventional “social graph” — a representation of traditional social networks and how we connect online.

## The Problem with Centralized Social Media

The current social network (and user data) landscape is dominated by a limited number of profit-driven, centralized corporations (Meta, Twitter, TikTok), whose primary focus is their own financial interests. As a result, these platforms often exploit user data, abruptly adjust revenue-sharing splits, and manipulate our content and online connections, on a massive scale to maximize revenue.

“Not that creators ever had much stability where revenue share deals are concerned: rates change quite frequently, depending on the wider macroeconomic environment at play,” wrote [Digiday](https://digiday.com/marketing/here-is-how-much-tiktok-meta-and-other-social-platforms-are-paying-creators/) in a 2022 article on how much platforms pay creators. “The business model for platforms doesn’t necessarily allow creators to monetize the communities they built,” they continued.

While global social media use has grown yearly, with reports finding that over [4.62 billion](https://www.businesswire.com/news/home/20220126005361/en/Digital-2022-Report-Finds-Social-Media-Users-Now-Equivalent-to-58-Percent-of-the-World%E2%80%99s-Total-Population#:~:text=There%20are%20now%204.62%20billion,of%20the%20world's%20total%20population.) people now use social media worldwide, creators still see disproportionate returns — $5.5 billion in 2022, according to certain reports — to the industry’s estimated $231.1 billion market value.

As social platforms’ value grows annually at an estimated rate of 19.4%, we must ask ourselves who benefits most when people spend more time scrolling on their smartphones.

Is it content creators, where a select few — 50, [according to Forbes](https://www.forbes.com/sites/alexandrasternlicht/2022/09/06/top-creators-2022/?sh=1d1c2dc967a1) — in aggregate made over $570 million in 2021?

What about users who have become accustomed to "[doom scrolling](https://www.theguardian.com/society/2022/sep/06/doomscrolling-linked-to-poor-physical-and-mental-health-study-finds)," shadowy [algorithms, ](https://www.theguardian.com/society/2022/sep/06/doomscrolling-linked-to-poor-physical-and-mental-health-study-finds)moderation, and sudden feature changes?

Let's not forget developers, who, at the center of tech's [social media-driven wave of layoffs](https://blog.developerpurpose.com/elon-musk-just-force-ranked-twitter-engineers-fired-the-bottom-507ab35b659a), are subject to mercurial CEOs whose arbitrary policies hinder innovation and the ability to create social products that users actually want.

From whatever angle you dissect the trends and data, it's clear that fundamental changes to how we architect and, later, utilize social networks are urgently needed.

## The Power of Token-Powered Protocols

Blockchain technology and token-powered protocols provide countless innovations for improving social applications and the architecture of their networks. While traditional social products are typically monopolized and monetized to the specific framework of a given platform and its parent company (i.e. Meta's Instagram and Facebook), decentralized social allows users to own their digital identity and every social interaction that comes from it.

Decentralized social graphs offer self-sovereignty to users who can now own their data and content and build value into their connections through programmable, tokenized features. This content and social data, which is the backbone of our online identities, has historically been guarded by centralized platforms and their closed systems and arbitrary rules.

Due to the immutable and user-owned nature of token-powered social tools and identity standards, users have many more freedoms and protections across their online interactions. A major improvement powered by decentralized social is that users aren't locked into a single platform like in traditional social media; they can seamlessly travel across different networks with their social data, which can't be tampered with. This level of freedom to bring your audience and content with you across the internet is packed with value and opportunity.

At the same time, token-powered social protocols allow developers to easily configure customized executing logic for our many online social actions. This level of customization makes it possible for users to perform tailor-made on-chain actions to strengthen and build value with whom they interact daily online.

This level of opportunity has already led to a diverse, rapidly growing ecosystem of decentralized social platforms and use cases aligned with a collective vision: **token-powered, decentralized social applications are more sustainable and valuable because they put the user and ecosystem first — not the platform.**

## CyberConnect’s Vision for Decentralized Social 

As web3’s earliest and biggest decentralized social network, we’ve been growing our community and product ecosystem by utilizing the full potential of web3 technology and what it means for the future of friends, content, and community. We are proud to be the biggest platform for developers to build decentralized social networks where users can get the most out of their identities, content, connections, and monetization channels. 

There are already over 50 web3 products aligned with our vision for the future of social, who are leveraging the power of our open network across various use cases. 

Our current user numbers speak to the power of the growing decentralized social industry: as of May 2023, over 900,000 web3 users have minted a CyberProfile, our self-sovereign on-chain identity standard, completing over 10.2M transactions cumulatively across several blockchains. 

Over 300,000 users actively use decentralized applications (dApps) built on our protocol every month, with our web3-native social network platform, [Link3](https://link3.to/), at the top in user engagement.  

![img](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/2530c5e1df66548b)*Just a few of our 50+ ecosystem dApps building on CyberConnect*

Following the public sale for our [native token](https://link3.to/cyberconnect/post/d430762b4c4a220decb9e8875db78f9af741699774d483d11b9c7203b1582e36) ($CYBER), which sold out in less than an hour, we want to share our most updated vision and purpose; a set of ideals and beliefs that will help drive the future of our network and help strengthen the collective mission of decentralized social as an industry and community. 

- CyberConnect creates long-lasting on-chain connections through the power of its network. The power of web3 technology makes it possible to create a decentralized social network that **truly belongs to users.**

- CyberConnect enables developers to build innovative social applications where users **own their identities and data** while creators can **grow their audiences in a fairer, more direct, and decentralized environment**.

- CyberConnect envisions a world where we have **ultimate control over our digital lives**, and **meaningful, long-lasting connections** aren’t decided by centralized or biased tech.

- CyberConnect believes **everyone should be able to take their identity wherever they go on the web**. Attaching your identity to a web3 wallet or profile can establish a permanent record of your online presence, building **trust and credibility across platforms**.

- CyberConnect believes that **verification on web2 has failed**. Communities and dApps need to create their own verification and governance models that allow **data to be composable**, enabling users to discover and experience new **trusted connections in a self-sovereign manner**.

The result of our vision and our network’s north star?

CyberConnect is building a new future for social media and the internet, where **on-chain friends last forever.**

## What’s Coming up at CyberConnect

In the weeks and months ahead, we’ll be sharing lots of fresh content and releasing some new products and updated features to further educate and engage the growing decentralized social community — from users to inspired dApp developers. 

For more insight into what we’re building in decentralized social, read the recently published CyberConnect [litepaper](https://link3.to/cyberconnect/post/83cb456a2bf426c6029b3a8cf6fd1c7cbe1acff5e9b87f34a0db14560c5e069d), a deep dive into the opportunities of decentralized social, our social graph and core components, tokenomics, and lots more. 

It’s an incredibly exciting time to build products and pioneering new technologies across the growing decentralized social landscape — and the future is looking bright. We look forward to you being here with us for the journey as we help create more on-chain forever friends. See you soon. 

— Team CyberConnect

### About CyberConnect

[CyberConnect](https://cyberconnect.me/) is web3’s earliest and biggest decentralized social network that enables developers to create social applications empowering users to own their digital identity, content, connections, and monetization channels. [Messari](https://link3.to/messari), [1inch](https://link3.to/1inch), [BNB Chain](https://link3.to/bnbchain), along with over 2,000 projects, and 900k creators and users are building long-lasting connections through apps built on CyberConnect.

### Join CyberConnect Community

[Website](https://cyberconnect.me/) | [Docs](https://docs.cyberconnect.me/) | [Twitter](https://twitter.com/CyberConnectHQ) | [Discord](https://discord.gg/cyberconnect) | [Telegram](https://t.me/CyberConnect)



Social media reimagined our entire concept of friends and what it means to connect. Across a growing digital frontier of growing social networks, phrases like “friend me,” “follow me,” “like this,” and “share that” became parts of our everyday vernacular. As a result, they disrupted

On-Chain Friends Last Forever

Want to design your own artist [#NACP](https://twitter.com/hashtag/NACP?src=hashtag_click)? Check out our upcoming [#PFP](https://twitter.com/hashtag/PFP?src=hashtag_click) platform!

Let`s NACP Sneak Peek together...

Let`s go..

......

>  *NACP Sneak Peek: Banned Nervape*

> *🌳 If you wander the forests of the Third Continent you might meet the enigmatic Banned #Nervape! Banned from her home world for creating #art that comes to life, she seeks refuge.*

![图像](https://pbs.twimg.com/media/F2l8ALQbcAArH-9?format=jpg&name=medium)

> *NACP Sneak Peek: Nervape James*

> *James enjoys #writing stories and creating videos. 📹 When he’s free, he likes to read. 📘 He’s currently reading a #scifi book. 🚀*

![图像](https://pbs.twimg.com/media/F2kUDqKbcAAuw-u?format=jpg&name=medium)

> *NACP Sneak Peek: XX*  

> *XX is a mystery. He usually tinkers with his drone, plays with his stuffed rabbit, or codes on his computer. But once a year, he disappears…*

![图像](https://pbs.twimg.com/media/F2NkTQgbcAAZPP9?format=jpg&name=medium)

> *NACP Sneak Peek: Cat Mummy 😼*

> *Cat Mummy has risen from her sarcophagus to kick butt and chew bubble gum! She also enjoys #drawing pictures on the walls of her tomb.* 

![图像](https://pbs.twimg.com/media/F2C0ql7acAIqmas?format=jpg&name=medium)

> *NACP Sneak Peek: Barbie Ape*  

> *This Barbie Ape is ready for the real world! Or is she…?*

![图像](https://pbs.twimg.com/media/F19-lKyXwAAeK47?format=jpg&name=medium)

> *NACP Sneak Peek: Dee 🎨*

> *Dee is a bubbly ape that loves to #design and #paint.  For her #art, she draws inspiration from family, movies, and sweets! 🍬*

![图像](https://pbs.twimg.com/media/F1C4WLvaMAAhsqv?format=jpg&name=medium)

> *NACP Sneak Peek: Bradley*  

> *Who is Bradley? What is Bradley? This mysterious ape enjoys tinkering on gadgets and [#3Dprinting](https://twitter.com/hashtag/3Dprinting?src=hashtag_click). His jacket and [#mini4wd](https://twitter.com/hashtag/mini4wd?src=hashtag_click) are the same colors as his favorite [#anime](https://twitter.com/hashtag/anime?src=hashtag_click) robot.*

![图像](https://pbs.twimg.com/media/F0rx93FXsAA8WtD?format=jpg&name=medium)

To be continue...

---------------------------------------------------------------------------------------------------

**More Ways to Celebrate NACP Prelaunch! Stay Tuned!**

👀 **Follow us on here:**

🐦 Twitter ✦ [https://twitter.com/Nervapes](https://twitter.com/Nervapes)

🎠 Discord ✦ [https://discord.gg/rXTcbsxnzd](https://discord.gg/rXTcbsxnzd)

🦧 Website ✦ [https://www.nervape.com](https://www.nervape.com/)

🎥 Youtube ✦ [https://www.youtube.com/@nervapes](https://www.youtube.com/@nervapes)

🖼 ️Instagram ✦ [https://www.instagram.com/nervapes/](https://www.instagram.com/nervapes/)

📌 Reddit ✦ [https://www.reddit.com/r/Nervape/](https://www.reddit.com/r/Nervape/)

🔥Nervape 中文 ✦[https://bit.ly/nervape](https://bit.ly/nervape "https://bit.ly/nervape")

💌 **Contact Us:** [creative@nervape.com](mailto:creative@nervape.com)

NACP Sneak Peek Week1

We’re excited to announce the launch of [Cyber](https://cyber.co/), a Social Layer 2 with restaking, and introduce the CYBER Season 2 Rewards. The launch of Cyber L2 introduces CYBER Staking, a transformative feature that enables users to stake CYBER tokens, thereby securing the network by adding additional nodes to process transactions, earning voting rights in CyberDAO and receiving economic rewards.

We invite our dedicated community members and CYBER holders to participate in the CYBER Season 2 campaign by staking their CYBER. Early participants can earn up to 1M CYBER available as rewards.

# **[CYBER Season 2 Campaign](https://www.cyber.co/stake)**

## Stake Your CYBER

Stake your CYBER to accumulate points. The campaign starts on March 8th and continues until the launch of the Cyber mainnet. You’ll not be able to unstake before the Cyber mainnet. You’ll be able to unstake your CYBER shortly after the Cyber mainnet goes live. The launch of the Cyber mainnet is planned to coincide with the EigenLayer mainnet, targeted for the second quarter of 2024.

### Earn Through Referrals

Invite your friends to get 15% of the staking points from those you directly invite and 5% from second-degree invitees (those invited by the people you invited). Your referral code can be used multiple times.

### Boosters

You can unlock different levels of boosters to receive a boost on your total points.

- **Check-in Booster:** Check in daily to earn a booster on your total points. Checking in for 90 consecutive days earns you a 9% boost on your rewards.
- **Season 1 FanClub Booster:** This booster is designed for our community members who have unused Season 1 FanPoints. If you have ≥2000 and <5000 unused FanPoints, you’ll receive a 1.5% boost. If you’re holding over ≥5000 unused FanPoints, you’ll receive a 3% boost on your total points.
- **Community Booster:** Engage with our community by participating in quests and activities. These events unlock additional booster levels. Join our [Discord](https://discord.gg/buildoncyber) to stay updated on upcoming community quests.

### Rewards

A total pool of 1M CYBER community rewards is available to reward our dedicated community members for their engagement and support. The total 1M reward pool gradually unlocks as the amount of CYBER staked reaches each milestone.

### Season 1 Point Redemption

Season 1 was an unforgettable journey with remarkable campaigns. Participants can now convert points from the CyberTrek, Pre-Season 2 CyberWallet Beta Launch, and [The SuperNova campaigns](https://wallet.cyber.co/supernova) into CYBER rewards. Users with unused Season 1 FanPoints can also convert them into Season 2 points.

- CyberTrek participants can exchange CyberPoints for CYBER on a 1:1 basis.
- Pre-Season 2 CyberWallet Beta Launch participants can exchange points for CYBER at a ratio of 1000:0.8.
- 1000 randomly selected participants who minted the SuperNova NFT will receive 1 CYBER each.
- Users with unused Season 1 FanPoints can convert these into Season 2 points at a ratio of 2:1.

Please visit the [campaign website](https://www.cyber.co/stake) to claim your rewards and join the Season 2 participant community. We appreciate your continued support and involvement.

# [CYBER Staking](https://docs.cyber.co/cyber-l2/overview/cyber-token/staking)

### Governance

CYBER stakers along with CYBER holders can propose and vote on governance proposals on the use of community treasury, protocol upgrades, and council members.

### Network Security

Sequencers are at the core of a Layer 2 network, a centralized sequencer could have a negative impact, such as censoring user transactions, creating a single point of failure, and creating harmful MEVs. Cyber L2 utilizes EigenLayer’s [Actively Validated Services](https://docs.eigenlayer.xyz/eigenlayer/overview/key-terms) (AVS) to build up the fundamental decentralized infrastructures such as sequencer, verifier, and CyberDB. Staked CYBER and restaked ETH are utilized as delegations to different AVS operators running these infrastructures, and a slashing mechanism is implemented to ensure operational integrity, optimize performance and maximize network security.

### Economic Rewards

![](https://miro.medium.com/v2/resize:fit:1400/1*XkasPcqg-MP5RWrvJpttmA.png)

**CYBER stakers can expect four types of rewards:**

1. **CYBER Season 2 Rewards:** To enhance network security and reward early loyal members of the Cyber community, 1,000,000 CYBER will be allocated to those who stake CYBER during the Season 2 Campaign.
2. **Ecosystem Airdrop:** As the Cyber ecosystem continues to thrive and expand, CYBER stakers enjoy the potential benefits of receiving airdrops from the ecosystem.*
3. **Network Revenue Sharing:** The staked CYBER are delegated to Actively Validated Services (AVS) operators through EigenLayer. In return, CYBER stakers will share the revenue from these services.
4. **CYBER Staking Incentives:** To ensure ample rewards for CYBER stakers initially and long-term sustainability, a Staking Incentive of 5.5M CYBER has been specifically designed.

For more details about CYBER staking, please visit: [https://cyber.co/stake](https://cyber.co/stake)

**Unless stated otherwise, rewards are provided by third-party dApp developers and not by Cyber DAO. Rewards are not guaranteed with CYBER staking and are subject to change at any time. Your claiming and/or use of any rewards is at your sole risk. Cyber DAO is not responsible for any damages or losses related to rewards.*

# Join the CYBER Season 2 Campaign

Get ready to stake, earn, and contribute to our governance. Visit our website to start, redeem your points, and participate in the CYBER staking program. Welcome to Season 2!

If you have any other questions or inquiries, please feel free to reach out to our support team on [Discord](https://discord.gg/buildoncyber). Follow us on Twitter/X [@BuildOnCyber](https://twitter.com/BuildOnCyber) for more updates.

*This series is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any Cyber, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law*

# 

### Frequently Asked Questions:

**Q: How do I earn points in Cyber Season 2 Rewards?**

**A:** You can accumulate points by staking CYBER tokens. Additional points are available by referring others to stake CYBER. Participation in our community events and attaining retroactive community status can also unlock various booster levels.

**Q: What benefits do I get from inviting others to stake CYBER?**

**A:** You earn extra points based on your invitees’ staking points. You’ll receive 15% of the staking points from your direct invitees and 5% from your second-degree invitees (those invited by your invitees). Your referral code can be used an unlimited number of times.

**Q: When can I unstake CYBER?**

**A:** You can unstake your CYBER shortly after the launch of the Cyber mainnet. The unstake process, which is at a CYBER holder’s discretion, will take 21 days. The Cyber mainnet is planned to launch simultaneously with the EigenLayer mainnet, targeting the second quarter of 2024.

**Q: How are CYBER Season 2 Rewards distributed to stakers?**

**A:** A total of 1M CYBER Season 2 Rewards will be distributed to CYBER stakers shortly after the mainnet launch. Stakers will receive a proportionate allocation of the total CYBER rewards based on their points.

**Q: There was a milestone system to unlock CYBER rewards. How does it work?**

**A:** There’s no longer a milestone system. All 1M CYBER reward has already been unlocked and is currently available to be shared among stakers.

**Q: Should I keep my CYBER staked after the campaign ends?**

**A:** Yes, after the campaign concludes, CYBER stakers can continue to participate in governance and earn a variety of economic rewards. These include ecosystem airdrops, sharing of network revenues, and CYBER staking incentives. Learn more about the upcoming benefits of CYBER staking [here](https://docs.cyber.co/cyber-l2/overview/cyber-token/staking).

We’re excited to announce the launch of Cyber, a Social Layer 2 with restaking, and introduce the CYBER Season 2 Rewards. The launch of Cyber L2 introduces CYBER Staking, a transformative feature that enables users to stake CYBER tokens, thereby securing the network by adding additional nodes to

Welcome to CYBER Season 2 Rewards

_If you’re a developer, we’ve also created a tutorial to demonstrate these functionalities for you, you can get started right away with our dev doc _[_here_](https://cyberconnect.hashnode.dev/cybertube-a-decentralized-video-sharing-platform-built-on-cyberconnect-using-livepeer)_._

​

Web3 has brought forth a new era for social applications, with this one built on the principles of user sovereignty over and interoperability of data. However, to truly compete with modern-day Web2 social applications, these dApps (decentralized applications) must incorporate all forms of content that users have come to expect. Video has become an increasingly dominant medium for content, driving unprecedented levels of user engagement, communication, and sharing. As we transition to Web3, and in order to maintain user interest and facilitate adoption, it is crucial for dApps to offer video experiences that are similarly rich and immersive.

Over the past decade, we have witnessed the skyrocketing rise of video content, with platforms like YouTube, TikTok, and Instagram leading the charge. This growth is primarily driven by the visually captivating nature of video, its information density, the ease of passive consumption, and the increasing accessibility of high-speed internet connections and advanced devices. Video has also opened up new avenues to connect with people. Through live streaming, video-on-demand, and short-form content, people can now share their stories, talents, and expertise with a global audience, often leading to rapid growth in followers and engagement, and monetization opportunities. Video has become a driving force for user-generated content, advertising, and the development of online communities.

Web3 social is empowering individuals and communities to share, create, and engage in a more equitable and self-sovereign digital environment. As the Web3 social space matures and we onboard a wider mass user base, it is essential that dApps keep pace with the growing demand for video content. Integrating video capabilities into Web3 social dApps will enable users to continue enjoying the rich experiences they have come to expect while benefiting from the added benefits of decentralization.

Livepeer's infrastructure brings improved reliability and cost-effectiveness to video streaming. CyberConnect's tools enable developers to easily build composable applications utilizing user-generated content and social connections on the CyberConnect protocol while maintaining user sovereignty over and interoperability of data.

**By integrating Livepeer with CyberConnect's decentralized social graph, we can unlock the full potential of video in the Web3 social space.**

**This collaboration will facilitate seamless video streaming, transcoding, and distribution, and ensures that users can enjoy high-quality, low-latency video content without sacrificing the core principles of decentralization. As we move forward, the synergy between these technologies will play a pivotal role in shaping the future of social interaction, communication, content creation, consumption, and monetization in the Web3 era.**

With this integration:

- Developers can add video-sharing to Web3 social dApps
- Livepeer videos can be published/minted as EssenceNFTs in the CyberConnect protocol
- Users can collect videos as NFTs and creators can monetize their content through the use of CyberConnect's customizable and extensible middleware smart contracts.

​

If you’re a developer, we’ve also created a tutorial to demonstrate these functionalities for you, you can get started right away with our dev doc [here](https://cyberconnect.hashnode.dev/cybertube-a-decentralized-video-sharing-platform-built-on-cyberconnect-using-livepeer).

​

**About Livepeer**

[_Livepeer_](https://livepeer.org/primer)_ is a protocol for developers who want to add live or on-demand video to their projects. It aims to increase the reliability of video streaming while reducing costs associated with it by up to 50x. To achieve this Livepeer is building a p2p infrastructure that interacts through a marketplace secured by the Ethereum blockchain._

**About CyberConnect**

[_CyberConnect_](https://cc.me/)_ is a decentralized social graph protocol with identity sovereignty for mass adoption and network effects. It enables users to create profiles as the anchor of users’ decentralized identities. With CyberConnect, users own their social graph, content, monetization channels, and social data allowing them to travel across several dApps seamlessly without having to recreate their network on every new platform._

_CyberConnect protocol was launched in November 2021, as the first social graph protocol published. As of Mar 23rd, 2023, CyberConnect has _[_692k_](https://dune.com/cyberconnecthq/cyberconnect-link3-metrics)_ user profiles and _[_676k_](https://dune.com/cyberconnecthq/cyberconnect-link3-metrics)_ monthly active users who have done more than _[_4.1M_](https://dune.com/cyberconnecthq/cyberconnect-link3-metrics)_ transactions._

[Website ](https://cyberconnect.me/)| [Docs](https://docs.cyberconnect.me/) | [Twitter](https://twitter.com/CyberConnectHQ) | [Link3](https://link3.to/cyberconnect) | [Mirror](https://mirror.xyz/cyberlab.eth) | [Discord](https://discord.gg/cyberconnect) | [Telegram](https://t.me/CyberConnectOfficial) | [Newsletter](https://cyberconnect.me/#:~:text=Say%20Hi%20Here-,Subscribe,-CyberConnect%20is%20a)


If you’re a developer, we’ve also created a tutorial to demonstrate these functionalities for you, you can get started right away with our dev doc here. Web3 has brought forth a new era for social applications, with this one built on the principles of user sovereignty over and interoperabi

Enable Video-sharing in Web3 Social - built with CyberConnect & Livepeer

It’s time for the moment we’ve all been waiting for.

Getting to this point has been a long and adventurous journey (as it should be, otherwise, it won’t be fun). However, it was a million times easier because we had you - our dedicated community of earliest supporters.

When we launched [CyberConnect](https://cyber.co/) and set forth on our mission to empower users to create long-lasting on-chain connections through the power of web3, we knew that bootstrapping a network from the ground up is no easy feat. But we knew it had to be done. It’s the honor of a lifetime for our team to be on this journey with you and build a better social networking future together.

For believing in us, in our mission, and coming aboard this journey as the earliest adopter, we are thrilled to introduce [CyberConnect Community Rewards: Season 1.](https://cyber.co/rewards)

Here are the specific guidelines👇🏼

### **Timeline**

**✧** You can now visit [cyber.co](https://cyber.co/) to check your eligibility (more details below) and allocation of CYBER, CyberConnect protocol’s native utility & governance token.

**✧** Community Rewards will be available for claiming on **August 15, 2023, at 12 PM UTC.**

**✧** Rewards will be available for **30 days**, after which all unclaimed CYBER will be transferred to the community treasury.

### **Eligibility**

Holders of the following are eligible for claiming rewards in Season 1:

✧ Mystery Box ([ETH](https://etherscan.io/address/0xce4f341622340d56e397740d325fd357e62b91cb), [BNB](https://bscscan.com/address/0xcadc6c364e8fcad0f382fddfd6ff5b41d82eb3e4))

✧ The Shards ([ETH](https://etherscan.io/address/0xd9c225efcc4162173a7369a14fd559de4e4aadae), [BNB](https://bscscan.com/address/0xf1d9a02674a7a45dc4d5cdd5da330f6a989f77d5))

✧ Mini Shards ([BNB](https://bscscan.com/address/0x1bc274c3b3b24cef54d01aeeb9ffc73ac0b68936), [Polygon](https://polygonscan.com/token/0x49253c64e6fa46d299177b8a94ae49d2f82c5c95#balances))

✧ W3ST

✧ [CyberProfile Early Adopter NFT](https://bscscan.com/token/0xdFf431165c232090ab28B476b5f7F3995c84CF7C)

✧ CyberProfile Premium Handle (11 Characters or Lower)

### Distribution

![img](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/e2405f559cb20a4a)![img](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/672bf94dffc10677)
**Please Note:**

**✧** All unclaimed Mystery Boxes & Mini Shards have been automatically transferred to winners. This includes the Mini Shards on Polygon earned during [CyberTrek](https://link3.to/cybertrek).

**✧** CyberConnect FanClub Week #21 Raffle rewards that included 30 Mystery Boxes & 16,500 Mini Shards have also been already sent to the winners.

**✧** Whitelisted users for CyberTrek have already received an additional Mini Shard on top of the standard reward of 2 Mini Shards, totaling 3 Mini Shards.

**✧** 630 Mystery Boxes have been distributed to our amazing community contributors, who are grouped across three tiers based on their level of contribution. The three tiers are as follows:

✦ **Tier 1 (Reward: 15 Mystery Boxes)**

- Have Cyber Guardian or above role in Discord

✦ **Tier 2 (Reward: 5 Mystery Boxes)**

Contributor must meet at least two of the following criteria: 

- Have Doorman or above role in Discord
- Earned 500+ points on Dework
- 2000+ chat messages on discord

✦ **Tier 3 (Reward: 1 Mystery Box)**

Contributor must meet at least two of the following criteria: 

- Have a community contributor role on Discord (mail-boy, ambassadors, contributors, designers, content creators).
- Have been active on Dework in the last three months.
- Have been active on Discord in the last three months.
- Have contributed at least once through local marketing, merch design, merch production, etc.

Finally, if the contributor has already claimed more Mystery Boxes from earlier distribution, they will not be eligible for additional rewards. For example, Bob has claimed 6 Mystery Boxes from earlier campaigns but also qualified for Tier 2. They will not receive additional Mystery Boxes in this season of Community Rewards.

### **How to Claim**

Community Rewards: Season 1 is the first rewards program on **Optimism** with account abstraction. 

Please note:

**✧** CYBER can only be claimed by your CyberAccount. Each CyberConnect is owned and managed by your Externally Owned Account (EOA) wallet, like MetaMask. To learn more about CyberAccount, read this [blog](https://link3.to/cyberconnect/post/2e0c673ccbc2e07af0f17ebbf54fe5db23322626fc5e2ef1ea6ab4d91c61ba1d).

**✧** Your total rewards allocation is calculated by combining eligible NFTs in your CyberAccount and your EOA wallet used to interact with CyberConnect protocol. For example, Mini Shard claimed on Polygon with your CyberAccount + Mini Shard won through FanClub on Link3.

**✧** A Merkle Tree for the Community Rewards: Season 1 will be deployed on chain.

**✧** To claim, your CyberAccount must first be deployed on Optimism and have gas to execute the transaction. If you have not deployed your CyberAccount on Optimism yet, you can do so on the [rewards page](https://cyber.co/rewards).

**✧** If you’re a multi-sig smart contract account holder holding the eligible NFTs, please create a ticket on our [Discord](https://discord.gg/cyberconnect) to get in touch with. 

***Finally, we have identified a few Sybil accounts attempting to game the Community Rewards program. They have been excluded from this program. We will continue to monitor for suspicious activity.***

### **What’s Next**

Community Rewards: Season 1 is just the beginning.

Season 2 is already underway and a new [CyberPoints](https://) system has been introduced to your CyberAccount. Moving forward all user activity and CyberPoints will be considered for future seasons of Community Rewards.

## About CyberConnect

[CyberConnect](https://cyberconnect.me/) is a web3 social network that enables developers to create social applications empowering users to own their digital identity, content, connections, and monetization channels. Messari, Rarible, 1inch, and BNB Chain, along with 2,500 projects, and 1.2M users and creators are building long-lasting connections through apps built on CyberConnect.

**Join CyberConnect Community**

[Website](https://cyberconnect.me/) | [Docs](https://docs.cyberconnect.me/) | [Twitter](https://twitter.com/CyberConnectHQ) | [Discord](https://discord.gg/cyberconnect) | [Telegram](https://t.me/CyberConnect)

It’s time for the moment we’ve all been waiting for. Getting to this point has been a long and adventurous journey (as it should be, otherwise, it won’t be fun). However, it was a million times easier because we had you - our dedicated community of earliest supporters. When we launched Cyber

CyberConnect Community Rewards: Season 1

**Dear XRender community and valued supporters,**

Are you passionate about digital art, NFTs, and the future of creativity? Do you want to be a part of a dynamic community that's shaping the NFT landscape? Look no further!

We are excited to announce the XRender Ambassador Program, and we're on the hunt for enthusiastic individuals to join our team and spread the word about XRender.

Are you passionate about AI, NFTs, and the future of creativity? Do you want to be a part of a dynamic community that's shaping the NFT landscape? Look no further!

### What is the XRender Ambassador Program?

The XRender Ambassador Program is a dynamic initiative that invites you to become an essential contributor to our community. As an ambassador, you'll play a pivotal role in representing XRender, fostering growth, and sharing our vision with the world.

### **As an XRender Ambassador, you will:**

✨ Promote XRender and its innovative AI-powered NFT platform.

✨ Engage with the NFT and digital art communities.

✨ Create and share content about XRender on social media.

✨ Educate others about the benefits of our platform.

✨ Participate in exclusive Ambassador events and rewards.

### **Benefits of Becoming an XRenderAI Ambassador:**

1. **Early Contributors:** As promised earlier regarding the rewards for all of you, we want to assure you that your rights and benefits will always be safeguarded when you contribute to building XRender. In simple terms, the more you contribute, the greater your benefits will be

2. **Monthly Payment:** We have set aside a dedicated budget specifically. Paid value by $XRAI (Based on your contribution)
3. **And more:** We have other exclusive benefits lined up just for our Ambassador!

### How to Join?

**👉 Please register to have the benefits below:** [https://forms.gle/vTjaFjtUJumXMEBV8](https://forms.gle/vTjaFjtUJumXMEBV8)

**⏰ Time:** We will close the form when we have enough Ambassadors

If you're ready to be at the forefront of the NFT revolution and help us build a vibrant and creative community, we want you on board!

Apply now to become an XRender Ambassador and be part of something amazing. Together, we'll redefine the future of NFTs!

### **About XRender:** 

**XRenderAI uses Artificial Intelligence so that users can experience our platform completely free of charge. Users will share XRenderAI with all the most outstanding features.** 

**XRender AI - The power of Artificial Intelligence, from intellectual art to Web3. Building futuristic blockchain art.**

🌐 **Connect with Us:**

- 🌐 Website: [XRender AI](http://xrender.ai/)
- 🐦 Twitter: [XRenderAI on Twitter](https://twitter.com/XRenderAI)
- 📬 Telegram ANN: [Join our Telegram](https://t.me/XRenderAI)
- 📬 Telegram Chat: [Join our Telegram](https://t.me/XRenderAIChat)
- 📖 Documentation: [XRender AI Documentation](https://docs.xrender.ai/)
- ✍🏻 Newsletter: [XRender AI Newsletter](https://xrenderai.substack.com/)
- 📅 Medium: [Join our Medium](https://xrenderai.medium.com/)
- 😶‍🌫️ Discord: [Join the Community](https://discord.com/invite/euPaVKGuxk)

Dear XRender community and valued supporters, Are you passionate about digital art, NFTs, and the future of creativity? Do you want to be a part of a dynamic community that's shaping the NFT landscape? Look no further! We are excited to announce the XRender Ambassador Program, and we're on the hun

🚀 XRender Ambassador Program - Join Us Today! 🌟

“Phaver Cred Pass NFT’s are the best way to maximise your Cred in the Phaver ecosystem 🔥 🚀”

Official mint page: [https://opensea.io/collection/phaver-cred-pass-s1/overview](https://opensea.io/collection/phaver-cred-pass-s1/overview)

Along with the $SOCIAL Token listing, Phaver is doubling down on SocialFi with the first NFT utility passes, in this case purpose-built to earn more Cred and level up faster. Why you want Phaver Cred?

Cred Passes will not be available to mint after TGE before the end of Season 2, so for any new users after the token launch wanting to level up faster, buying Passes from the secondary market is the only way.

### Important info:

- NFTs available to mint in S1: 20K
- Randomized blue mystery box with all rarities revealed at the end of the mint
- Phaver Cred Pass is a fully tradable ERC-721 NFT
- 80% Bronze trait, 20% chance to mint a Rare Edition (Silver, Gold & Phaverium)
- No decay on Phaver, so if you connect multiple passes they earn full Cred unlike 3rd party NFTs
- Shortened Quarantine if bought from secondary market (similar to Phaver-Ups)
- A handful of the 20,000 Lucky minters will mint the Ultra-rare “Phaverium edition” 🦄  - a non expiring Phaver Level 5 unlock
- All current Phaver-Up holders (Blue Box Trait and higher) are able to mint for free during the allocated mint window (noon UTC- 3pm UTC)
    - Each Phaver-Up connected to Cred gives one mint, use your Phaver primary wallet on OpenSea for to mint as many as you are eligible for (e.g. 3 Phaver-Ups = 3 free passes)
    - Missing this window will result in having to pay the normal price for the Cred Pass during the Batch 1 or Batch 2 mint.

### Minting:

**Date:** Thursday 19th September 2024

Note: NFTs are minted on Base so you need Ethereum on Base chain for the gas fee (even free mints) and NFT cost (other mints)

- **Phaver-Up Free Mint:** noon UTC- 3pm UTC (3 hours)
    - Free for all Phaver-Up NFT holders, one per Phaver-Up
- **L2-5 Discount Mint:** 3pm UTC - 5pm UTC (2 hours)
    - $25 USD (0.011 ETH) for any Phaver Level 2-5 users, no cap in amount
- **Open Mint:** 5pm UTC - 10am UTC on Monday 23.09.24 (3.5 days)
    - $30 USD (0.013 ETH)
- **Box Reveal:** 10am UTC on Monday 23.09.24
    - All NFTs are Blue mystery boxes with no traits or additional Cred until the reveal
    - Any NFTs connected to Phaver before the reveal will automatically earn the new Cred

## Tiers and traits

The Tiers and traits and associated Cred have been set up in a way that the majority of the Cred Pass NFTs will be the standard Bronze Tier NFT which earns you 6 Cred in Phaver. The Silver Gold and Phaverium Tiers have been added to reward lucky minters with outsized amounts of cred.

Note: All tiers will sell for the same price at mint (unrevealed) but may fetch vastly different prices on the secondary market once revealed (depending on market value for rarity). Each quarter of the mint has been randomized to include the same amount of rare NFTs in a random order.

![img](https://link3-image.cyberconnect.dev/3095ca68-da04-43aa-85de-e3ef7f3a86aa/postImageFolder/a6afbf77b2932a1a)![img](https://link3-image.cyberconnect.dev/3095ca68-da04-43aa-85de-e3ef7f3a86aa/postImageFolder/e8b7e5f91bc653a5)

“Phaver Cred Pass NFT’s are the best way to maximise your Cred in the Phaver ecosystem 🔥 🚀” Official mint page: https://opensea.io/collection/phaver-cred-pass-s1/overview Along with the $SOCIAL Token listing, Phaver is doubling down on SocialFi with the first NFT utility passes, in thi

Phaver Cred Pass S1 NFTs

**Introduction:** The blockchain space is evolving rapidly, with countless projects and decentralized applications (DApps) vying for attention. For developers and teams behind these innovations, getting their creations noticed is essential. One platform that has become a central hub for blockchain enthusiasts and users is WOW EARN Wallet. In this blog, we will explore how you can list your token, DApp, or even blockchain on WOW EARN Wallet to reach a broader audience, enhance visibility, and tap into a vibrant ecosystem.

**READ MORE:[  https://listing.wowearn.com/ ](https://listing.wowearn.com/)**![img](https://link3-image.cyberconnect.dev/7218f365-4928-427a-b709-5c08e26380bb/postImageFolder/5cdd66add3e7dff9)

Introduction: The blockchain space is evolving rapidly, with countless projects and decentralized applications (DApps) vying for attention. For developers and teams behind these innovations, getting their creations noticed is essential. One platform that has become a central hub for blockchain enthu

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