New Partnership Between Cyber L2 and SPACE ID Revealed, Cyber Ecosystem Airdrop Plans Announced

Welcome to Extreme Investor Network: Your Source for Crypto News and Insights

At Extreme Investor Network, we strive to bring you the latest and most valuable information in the world of cryptocurrency, blockchain, and decentralized technologies. Today, we are thrilled to share with you the exciting partnership between CyberConnect and Space ID, two innovative platforms that are revolutionizing the world of decentralized identity (DID) infrastructure.

CyberConnect, a cutting-edge web3 social network, has joined forces with Space ID, a universal name service network, to enhance interoperability, scalability, and ecosystem airdrops for token stakers. This collaboration marks a significant step towards establishing a universal decentralized identity infrastructure that enables seamless interoperability within the broader SPACE ID Web3 Name Ecosystem.

Enhanced Interoperability with CyberID Migration to SPACE ID 3.0 Stack

The decentralized digital identity (DID) is a key component of decentralized social networks, and CyberConnect and Space ID understand the importance of building a universal DID infrastructure. As part of this initiative, CyberID will be migrated to the SPACE ID 3.0 Stack, providing a full-stack infrastructure for domain registration, resolution, and management within the broader ecosystem.

Related:  Market Talk - April 21, 2022

Existing CyberID NFTs on the Optimism network will be tracked, ensuring that every CyberID holder receives their new CyberID NFTs through an airdrop on Cyber L2. This migration will also enable multi-chain resolution across the ecosystem, enhancing the overall user experience.

Supporting Cyber L2’s Scalable Future with SPACE ID

Cyber L2, as an Ethereum Layer 2 solution, offers faster and cheaper on-chain transactions. Through its partnership with SPACE ID, Cyber L2 will receive support for its scalable future, simplifying the process of minting, trading, resolving, and managing CyberID and other domain NFTs on the platform.

This integration will also pave the way for the creation of social applications leveraging CyberID, CyberGraph, and CyberAccount, providing users with unique and self-sovereign identities on-chain.

Related:  HashKey Chain Announced by HashKey Group

Ecosystem Airdrop for Cyber L2 Supporters

As a token of appreciation for early supporters of Cyber, SPACE ID is preparing an ecosystem airdrop for CyberID holders who are also $CYBER token stakers. Eligible participants will receive airdropped $ID tokens, and more details about this exciting opportunity will be shared in the near future. Stay tuned for updates on how to participate!

About CyberConnect and Space ID

CyberConnect is the first restaked Ethereum Layer 2 platform designed for social interactions and optimized for mass adoption. It serves as the social layer for web3 applications, offering users access to web3 experiences, tools, and financial liquidity across all Layer 2 ecosystems.

Space ID, on the other hand, is a universal name service network that provides a comprehensive identity platform for discovering, registering, trading, and managing Web3 domains. The partnership with CyberConnect aims to enhance interoperability and support the growth of Cyber L2.

Related:  Intel Factory Losses Increase as Company Plans Expensive Recovery Strategy

For more information about CyberConnect and Space ID, visit their websites, follow them on Twitter, check out their blogs, or join their Discord channels.

For more exclusive insights and updates on the latest developments in the crypto world, stay tuned to Extreme Investor Network. We aim to be your go-to source for cutting-edge information and analysis in the blockchain space.

Source link

Leave a Comment