How does CyberConnect differentiate from other projects that are doing a similar thing?
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CyberConnect is not the only team that focuses on Web3 social graph. How does CyberConnect differentiate from other projects that are doing a similar thing?
CyberConnect should be the first team to propose the idea of a “Web3 social graph.” There are two main competitors based on my current knowledge. The first one is MEM Protocol, whose seed round funding was led by a16z. The second one is Lens Protocol from Aave, one of the largest lending platforms in DeFi. For most projects, technology is not the key weapon; Instead, the team’s understanding and interpretation of Web3 decides everything. Even if both MEM Protocol and Lens Protocol both claim to be social graph protocols like us, we are taking different approaches from both technology and strategy perspectives. Web3 is still at a very primitive stage and people might have different imaginations of its final picture. Thus, people are still exploring, including investors. For example, some of CyberConnect’s investors also invest in our competitors, because they can see potential from different approaches.