User ownership and control are among the cornerstones of Web3. SocialFi reinforces this approach with projects that attract users with innovative features
building a user experience layer to provide a valuable, easy-to-use service.Some of SocialFi's innovations have already become game changers, such as user profile ownership and monetization tokens, where revenue streams are based on your reach, content quality and other contributions you make to the network. We're implementing them in Phaver as well.
And another unique feature of Cyberconnect is that we’re the only social protocol to lead with account abstraction, which is really powerful for onboarding. We’ve deployed over 90% of the existing account abstraction-based wallets in the world. Our current campaign, Cybertrack, allows users to experience account abstraction and get benefits in return.
Another one is Phaver, which gives those who don't have a crypto wallet an opportunity to see what a decentralized social app or a decentralized social feed looks like. That's a really powerful social primitive, and we want to do that at the protocol level. We also have Mocaverse from Animoca Brands, ReadON, Galaxy and other apps that are all built with Cyberconnect.Account abstraction can make everything work seamlessly.
The problem with existing SocialFi applications is that they are quite complicated for mainstream users.
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