Cyber

Halal Rating :
Comfortable
Contract: 0x14778860e937f509e651192a90589de711fb88a9
Last Price $1.2 Last updated:
Rank 498
1D Change -9.93 %
Market Cap $45.67m
Circulating supply 38,860,883
Maximum supply 100,000,000

Crypto Overview

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  • CYBER Ecosystem

Purpose and Utility

The Cyber Token (CYBER) is a cryptocurrency designed as a utility and governance token within the Cyber protocol, a decentralized search engine and knowledge graph platform. The token's primary purpose is to enable users to participate in the protocol's governance and incentivize the creation and validation of knowledge graphs.

Business Model and Development

The project operates on a decentralized autonomous organization (DAO) model where CYBER token holders can propose and vote on protocol changes. The platform aims to create a decentralized alternative to traditional search engines by building a knowledge graph validated through token-incentivized consensus.

Real-World Adoption

While the project is still in its early stages, the platform has demonstrated working technology with an operational search interface and knowledge graph creation tools. Development activity appears consistent, though adoption remains limited.

Token Distribution

The token distribution includes allocations for development, community incentives, and governance participation. Specific details about founder holdings and vesting schedules are publicly available through the project's documentation.

Technology Assessment

The core technology focuses on search and knowledge graph creation, without involvement in lending, gambling, or other potentially problematic activities from an Islamic finance perspective. The revenue model is based on network participation and value creation rather than interest-bearing mechanisms.

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