Cyber
Crypto Overview
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.
Crypto Impact
To assign a comfort level investing in Cyber from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Cyber.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.