CyberConnect and Space ID collaborate to enhance interoperability, facilitate Cyber L2 scalability, and offer token holders an ecosystem airdrop that speeds up on-chain transactions.
TakeAway Points:
- CyberConnect has announced the details of its most recent collaboration with the global name service network Space ID.
- This partnership will enable smooth interoperability within the larger SPACE ID Web3 Name Ecosystem.
- This integration will also simplify and streamline the process of minting, trading, resolving, and managing CyberID and other domain NFTs powered by Cyber L2 on the SPACE ID platform.
CyberID Migration to SPACE ID 3.0 Stack for Improved Interoperability
A web3 social network, CyberConnect, has announced a new collaboration with the universal name service network, Space ID. The mutual goal of creating a global decentralised identity (DID) infrastructure is the foundation of the partnership. Smooth interoperability within the larger SPACE ID Web3 Name Ecosystem will be made possible by this technology.
The decentralized digital identity (DID) plays a crucial role in decentralized social networks. CyberConnect and Space ID recognize the importance of building a universal DID infrastructure. To enhance the interoperability of CyberID within the broader SPACE ID Web3 Name Ecosystem, CyberID will be migrated to the SPACE ID 3.0 Stack. This migration will provide a full-stack infrastructure for domain registration, resolution, and management.
Existing CyberID NFTs minted on the Optimism network will be tracked, ensuring that every CyberID holder receives their respective new CyberID NFTs through an airdrop on Cyber L2. This exciting development will be further detailed as the Cyber L2 mainnet launch approaches. The migrated CyberID will also be included in the SPACE ID Web3 Name SDK, allowing for multi-chain resolution across the ecosystem.
Supporting SPACE ID to Foster Cyber L2’s Scalable Future
Cyber L2, as an Ethereum Layer 2 solution, promises faster and cheaper on-chain transactions. In line with this, SPACE ID will support Cyber L2, facilitating its scalable future. This integration will simplify and streamline the process of minting, trading, resolving, and managing CyberID and other domain NFTs powered by Cyber L2 on the SPACE ID platform.
Furthermore, the partnership will enable the creation of social applications on top of the existing platform, leveraging CyberID, CyberGraph, and CyberAccount. With CyberID, users can establish a unique and self-sovereign identity on-chain, enhancing their web3 experiences.
Airdrop Ecosystem for Cyber L2 Advocates
To celebrate this significant partnership, SPACE ID has prepared an ecosystem airdrop for early supporters of Cyber. Eligible CyberID holders who are also $CYBER token stakers will receive airdropped $ID tokens. More details about this ecosystem airdrop will be shared in the near future. Stay tuned for updates on how to participate in this exciting opportunity!
About
CyberConnect serves as the first restaked Ethereum Layer 2 platform designed for social interactions and optimized for mass adoption. It acts as the social layer for web3 applications and provides users with access to web3 experiences, tools, and financial liquidity across all Layer 2 ecosystems. For more information, visit the Cyber website, Twitter, Blog, or Discord channels.
Space ID is a universal name service network that offers 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.
