While the crypto world spins in circles chasing meme coins, restaking, and airdrops, some projects are pivoting quietly—trying to survive. Cyber, formerly known as CyberConnect, is one of the last few standing in the fading Web3 social narrative.
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Cyber: From Web3 Social App to Full-Fledged Layer-2
Cyber isn’t just a wallet-based social feed anymore. It has:
Launched its Layer-2 mainnet using OP Stack (same as Coinbase’s Base)
Integrated EigenLayer restaking for security
Partnered with AltLayer for modular infrastructure
The result?
> Over 2 million wallets, 20 million+ transactions, and $2.6 million in gas fees spent.
Solid traction—especially when most Web3 social apps have already faded into obscurity. Backers like Binance Labs, Animoca Brands, Multicoin Capital, Spartan, and Delphi Digital don’t hurt either.
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Web3 Social: A Trend That Came and Went?
At its peak, Web3 social aimed to “rescue social media from Big Tech.”
But most projects couldn’t back the narrative with real utility or retention.
Take friend.tech, for example—once a viral hit on Base:
Daily volume crossed $10M
Strong hype, simple mechanics
But no sustainable model or sticky UX
By September 2024, friend.tech shut down operations. The smart contract was renounced and locked, the devs walked away, and the app faded out quietly—leaving users with an archived relic of what could’ve been.
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Can Cyber Actually Survive?
Cyber is taking a different route:
Focusing on infrastructure, not hype
Building a dedicated Layer-2, not just another dApp
Riding the restaking wave to stay relevant
Still, it faces key challenges:
Web3 Social has no obvious product-market fit yet
The Layer-2 space is ultra-competitive—from Base to Blast to zkSync
Without killer dApps or strong use cases, Cyber risks becoming just another L2 with no real traction
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The Verdict: A Narrow Bet in a Wild Market
Cyber might not lead the Web3 Social movement anymore—but it could be the one that outlasts the rest.
If it nails infrastructure, attracts users, and taps into onchain identity or creator monetization at scale—it has a real shot.
But if not?
> Cyber will just be another friend.tech—with a rollup attached.