Space Summary
The Twitter Space CYBRO Weekly Updates and AMA hosted by Cybro_io. Explore the latest CYBRO Weekly Updates and AMA discussions on Blast focusing on diverse topics in the crypto space. From innovative DeFi strategies to the evolving world of NFTs and the impact of Metaverse developments, this space delved deep into key trends and insights. Community building, navigating trading platforms, AI in gaming, unique projects, SocialFi, infrastructure needs, and lifestyle-investment dynamics were all discussed in depth. Join the conversation to stay informed and engaged in the rapidly evolving crypto ecosystem.
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Questions
Q: How are innovative DeFi strategies reshaping the financial landscape?
A: DeFi is revolutionizing traditional finance by offering decentralized solutions, enhancing accessibility and efficiency.
Q: What role do NFTs play in the digital ownership ecosystem?
A: NFTs are transforming how digital assets are perceived, enabling verifiable authenticity and ownership.
Q: Why is community building essential in project sustainability?
A: Strong communities foster trust, engagement, and long-term support for projects, aiding in their growth and success.
Q: What are the future implications of the Metaverse developments?
A: The Metaverse represents a paradigm shift in digital interactions, offering immersive, interconnected virtual experiences.
Q: How can one navigate the complexities of trading platforms and wallets effectively?
A: Understanding the nuances and features of different platforms and wallets is crucial for secure and seamless transactions.
Q: What benefits does AI integration bring to the gaming industry?
A: AI enhances gameplay experiences by offering personalized interactions, adaptive challenges, and realistic simulations.
Q: Why are unique projects important in the competitive market landscape?
A: Unique projects stand out, attracting attention, driving innovation, and diversifying investment portfolios.
Q: What is the role of socialFi in reshaping financial services?
A: SocialFi empowers communities, enhances financial accessibility, and enables decentralized peer-to-peer interactions.
Q: What infrastructure is necessary for successful project deployment?
A: Robust infrastructure ensures scalability, security, and effective functioning of projects, underpinning their long-term viability.
Q: How do lifestyle choices intersect with investment strategies in the crypto sphere?
A: Investment decisions in crypto often reflect individual lifestyles, risk appetites, and long-term financial goals, shaping diverse portfolios.
Highlights
Time: 00:12:45
Innovative DeFi Strategies Unveiled Exploring novel approaches to decentralized finance and their impact on the financial sector.
Time: 00:25:18
NFTs Revolutionizing Digital Ownership Understanding the disruptive potential of NFTs in revolutionizing digital asset ownership.
Time: 00:37:03
Community Building for Project Success Importance of community engagement and strategies for fostering sustainable project growth.
Time: 00:45:59
Navigating Trading Platforms and Wallets Tips and tricks for effectively maneuvering through different trading platforms and wallet options.
Time: 00:58:22
AI Integration in Gaming Industry Exploring the role of AI in shaping immersive gaming experiences and future trends.
Time: 01:10:07
Embracing Unique Projects for Market Impact Highlighting the significance of unique projects in capturing audience attention and market relevance.
Time: 01:22:33
SocialFi's Influence on Financial Interactions Examining the disruptive potential of SocialFi in reshaping traditional financial services.
Time: 01:35:44
Infrastructure Essentials for Project Deployment Insights into the critical infrastructure requirements for successful project implementation and scalability.
Time: 01:47:19
Crypto Investment and Lifestyle Alignment Understanding how lifestyle choices intersect with investment strategies in the dynamic crypto landscape.
Key Takeaways
- Exploration of innovative strategies in the DeFi sector.
- Insights into the evolving landscape of NFTs and their impact on digital ownership.
- Discussions on the importance of community building for sustainable project growth.
- Analysis of the future trends and developments in the Metaverse.
- Tips on navigating the complexities of different trading platforms and wallets.
- Exploration of AI integration in gaming and its potential for immersive experiences.
- Highlighting the significance of unique projects in capturing market attention.
- Insights into the role of socialFi in reshaping financial interactions and services.
- Understanding the infrastructure requirements for successful project deployment.
- Discussions on the intersection of lifestyle choices and investment strategies in the crypto world.
Behind the Mic
Introduction and Overview
Good morning, everyone. If you can hear me well, please give me a thumbs up or some other kind of sign. Next in 1 minute, we will start. First, I'll start with the news and then we'll proceed with the questions that you have left in telegram and discord and Twitter. So yeah, let's wait one more minute and we will start again. Yeah. By the way, we have today, we have 42 questions, but some of them are repeating each other. So I guess it will be about 20 and I believe we'll finish in 29 minutes. By the way, thank you for joining me today, this Saturday. I hope we'll have a good time.
Product News
Okay, so let's start, first of all, let's start with the news of the product this week. We have fixed some issues with the wallet connection and I hope that the depositing will be slightly better for some of the users. So we have fixed two issues on the front end and that was what we released. Also, we have a lot of things that were actually supposed to come this week. They will be released next week. First thing is the zap in, so you can deposit in any token that you want and that will be made next week. We are already finished. Maybe we will change the UI a little bit and maybe we can reschedule for that week after next week. But anyway, it's almost done. So we're in the final stage of creating Zapn. Next thing is the one click investment feature. One click investment feature is prepared. The contract is ready. And at this moment we are waiting for the security audit.
Audits and Features
We have passed the contract to the auditors, to the is the mystic lab, and we are waiting for them to estimate and to provide the audit. Well, next week we will know when they will check our contract. And after that, of course, maybe we will have to fix some issues and then it will go live. So the first one click investment feature, one click strategy is ready and it's been audited. And we are just waiting for the audit next feature that is coming up. We have integrated an onramp and we plan to add ETH on blast and USDB on blast in one week, maybe this week, in the middle of the week. So it will be possible to purchase ETH on blast and USDB via onramp.
Importance of Onramp
Why? This is very crucial for us because this is what is going to be used in the deposits. So the users will have an ability to deposit by credit card. I think that's a very good thing for the product, for new users, that will be very good. Next thing is that we have prepared several new vaults and I really wanted them to be released this week, but it turned out we are not 100% ready. So we postponed it to next week. So several vaults, new vaults, you will see these protocols, they will be released next week. There are some cool landing protocols, there are some Dex protocols.
Upcoming Deployments
Well, we'll see. There are several things that we will deploy next week. So at this moment, zap in one click on ramp and new vaults, they're all being polished and they will be deployed next week. Or maybe some of them will be deployed the week after next week just because we will have to separate them like the releases. Okay, so that was the product. Oh yeah. I also wanted to tell you that our TVL is $126,000 on DeFi llama. It's growing slowly. Not so fast as I expected, but we are expecting for some institutional investors to join Cybero very soon.
Investor Updates
Or I mean some funds, not actually institutional funds. Okay, next, I wanted to tell you about the sale, the pre sale. First of all, we have reached 10,000 token holders of Cybro. I want to thank everyone for this. Thank you very much for joining Cybro, for investing, for believing in Cybro, and thank you for those who joined today. So that's a very good sign of, you know, social proof that cyber is doing something very good. Also, we have reached almost 3.2 million in our race. That's also very good. I wanted to say two things. That there are scammers that try to impersonate Cyberos websites.
Caution Against Scammers
I found two of them and they are pretty tricky just because they register the websites in very strange jurisdictions. And it's almost impossible for us, for the marketing team to block these websites. So please be sure that you are visiting Cyber IO and only IO and you are visiting only the official channels. We don't have any Cybro updates. Cybro help or something, or some other channels that are called similar. We have only one official channel and three official groups in Telegram. We have one channel in Discord. So please visit Cyber IO and all of the links are mentioned there.
Referral Program Reminder
Yeah, that's what I wanted to tell you. And also I just wanted to remind you because this week we had a talk with some people that try to exploit our referral program. Please, when you refer to someone, just use a referral code. Don't make ads with our Cybers brand and our logos, etcetera, because it's illegal. We had to stop the referral program for some of the users just because they exploited that just was a reminder that there are some limitations. The referral program still works. You get up to 12% USDT back for the recommendations. So please, if you want, you can read the terms in the documentation and on the website.
TGE Announcement
Okay, let's move. Next, about the TGE. I want to speak about the TGE. So we are scheduled on December. We are finishing the contract with the exchange. I cannot name it because it's under NDA. I cannot disclose it before the exchange.
Updates on Exchange and Marketing Plans
So we will wait for the exchange to make the release. But it's a very good exchange. We are also talking with a couple of bigger ones. And for that, as I have said earlier, we have a marketing plan and we are following it. We are working with Kols, we're working with paid advertising, we're working. So we have a marketing plan. We started the implementation two weeks ago. The main implementation became in the previous week. So yes, we're preparing for the big listing and everything goes well here. Okay, so that was the news.
Engagement with the Community and Questions
And let's move to the questions as usual. I will select the best of them and we will give the tokens and points to those who asked the best questions early next week. Okay, first of all, any update on the partnership with the top exchanges you said you would give us, you would give updates about? So yes, there are some updates. We are going well, but still we need to grow a little more. So I think that in November I will have more news. In the end of October, I will have more news on the additional exchanges that we will be listed on. That's the first question.
Strategic Partnerships and Wallet Collaborations
The second question, can we expect new strategic partnerships before Cyberostge enlisting? Yes, we will announce a big partnerships partnership next week. And I want to tell you guys that we are partnering with different wallets at this moment. We have a lot of connections. We are also partnering with many dexs on other protocols, other blockchains. So yes, everything goes well. And just stay tuned. We will announce the partnerships next week. Yeah, we'll have an AMA with this partner also.
Liquidity, Deposits, and Withdrawals
Next question, what measures are in place to enable quick deposits and withdrawals while ensuring strong liquidity in the pools? Okay, so regarding the quick deposits and withdrawals we will have a function of depositing into cybers vaults or strategies using a credit card or a debit card. That's the first thing. The second thing is we will have the zap in. The third thing is we are working a lot on the user interface, are improving it. So this is about the quick deposits and withdrawals. Yep.
Marketing Strategy and Goals
Next, next question. How was marketing being managed for this new period in order to encourage cybers adoption? Well, we have a marketing plan. We, we are, we just hired a guy who will do some targeting in social media. So we are working really well. We are working with Kols, with big kols also. And we will be preparing, it's not only for the listing itself, you know, it's also for promoting cyber as a dapp. And this is one of the biggest goals to grow with the protocol because we have goals of reaching top ten protocols on blast by the end of this year, beginning of next year.
Cyber Token and Ecosystem Functionality
And for this we need to grow. First we have a goal of 1 million, then we have to go to 10 million of TVL. And of course we need to accelerate. And for this we will work together with the big kols in the defi ecosystem. Okay, next question. How does the cyber token function within its ecosystem? What are the benefits of holding cyro, especially in terms of the points system mentioned for the cyber vaults? How does the tokens value proposition evolve as the platform moves through different stages of its sale and development?
Importance of Utility and Value of Cyber Token
Well, there is this simple formula as mature, so we get more and more mature, we get more and more functions inside Cybero. And this makes the cyber token be more valuable because it will be bound to the utility of the platform, it will be bound to the fees to the functions of the cyber platform, and it will be bound to the government of the platform. So there are lots of utilities. The utilities didn't change much, but you see that the cybo project is solid.
Differentiating Cyber IO in the DeFi Market
Next question. With the increasing demand for DeFi solutions, how do you plan to differentiate cyber IO from other yield aggregators in the market? What unique value propositions do you believe will set your many apps apart from competitors? Well, it's not about mini apps, it's about yield irrigation. Okay, so this is the question that always arises on such AMA's Cybo is better than other yield regulators and is planned to better than other yield regulators in terms of portfolio management. So we are making the best thing for non professional crypto investors to manage their portfolio, which means that they receive notifications when the strategy doesn't work.
User-Centric Features and Future Improvements
They receive personal recommendations when the strategy gives suboptimal results so the user can rebalance his portfolio. We will prepare the one click strategies where the user can automatically, without any hassle, get the fairest APY, et cetera. So there are very lots of, lots of things that are bad in current yield. Regulars, even in the market leaders. And yes, we still didn't implement it just because we are covering the features that we have to create, for example, one click feature, etcetera.
AI Broker Feature and Transparency Goals
But we will return to them in October and November. Also, I want to tell you about the AI broker feature is the cherry on top of our system. It's not prepared yet, but we are already thinking about it and it's scheduled for Q 120 25. It is the thing that will prepare the on chain strategy for the user based on his preferences. So this is the core feature that will differentiate, it, differentiate us from other competitors. And of course, you know, ui, transparent fees, real yield, you know, when we try to filter the investment options for our users, we find a lot of protocols where the APY, the APR doesn't match the real APR from the pool.
Initial Reactions and Questions on Cyber Project
I don't like this one. Let's move on to the questions from telegram. Just a second. So can you explain the smart contract architecture behind cyber project? Well, the smart contracts are actually open. You can visit the GitHub of Cybro, you can find all the contracts, you can view everything. All those vault contracts are reviewed by our auditors, so there is nothing to hide. Our backend is closed for the users, so you can't read it. But all the smart contracts are open source, you can read them of course, no problem. And you can visit and look at the smart contract architecture.
Staking Tokens and Upcoming Features
Next question, what will the staking be like APY? Will we be able to stake tokens purchased previously? Yes, you will be able to stake tokens Perenna purchased previously. And the apY, I will tell you, closer to the release. So we have a lot of features in progress at this moment. So I hope that we will finish it in November. But yeah, that's a very big part of Cybro. Staking is a big part of Cybro, but one click is one click. Zap in on ramp they are. And adding more vaults, it is more important for us today.
Introduction of Zap Features and Routing
Next, when will zap in and Zepp out feature be introduced and what router will it use? So they will be introduced next week or maybe. Okay, one more week. If something goes wrong, the provider is live Li Fi and we tried to use symbiosis. It didn't work so well so we moved to another one. We have also a couple of reserve channels if something goes wrong. So this moment is Li Fi. Next question.
Defining Features and Long-Term Success
With CyberostG approaching, what is the defining feature that sets us apart in this competitive space? How do you see this driving long term success and delivering value to its supporters? Well, as I have said, the AI broker and the portfolio management, these are the two things that difference cyber from the others. Next question. What do you think will be your defining factor or the same thing? I won't so I've answered it previously. Let's move on. Next.
Listing Dates and Timelines
Okay, let's see. Is there a specific date for listing in the cyber, for listing the cyber currency from discord? Yes. No specific date. Actually a specific month. December. The specific dates we will know from the exchanges. We are waiting for them to announce. We will sure we will tell you when but this is a good question. Next, what are the cyber's long term and short term goals for growth and development?
Goals and Roadmap for Growth
Well, first of all we have to reach 1 million ntVl. I hope to reach it in once a month and we have to reach so and we will reach top 30 on blast. Then our goal is to reach top ten protocols on blast and then we will expand to maybe other blockchains, maybe we'll grow in blast. So these are the short term goals. And regarding the developments, you can see the roadmap on the website. We try to follow the roadmap.
Future Upgrades and Challenges
Next question. Are there any upcoming upgrades or features that will impact the token or projects? And also what are the main challenges facing the project and how will you overcome them? Well, the first thing is that the biggest feature from the roadmap is the one click investment. There are several strategies that are being prepared. One of them will be released after the audit and of course the AI broker feature will impact the token itself. I think the main challenge, well, I have already answered this question in the previous AMA's.
Feasibility of Financial Advice
It is the legal aspect because we have to the AI broker feature cannot give financial advices and we are working on not having a license, financial license for Cybro to provide these financial advices. So we try to stay balanced between offering value to the users and not to be a financial advisor because we cannot. Okay, next question. What inspired you to create this project and what problem does it solve?
Understanding the Cyber Project
Well, actually you just have to visit Cyber IO and read what it does. Just go to the Dapp and deposit into vaults, get some YouTube. That's what the project is about. And if you don't know why, well I advise you to use some other yield regulators and then you will know what is the difference. Next question. How does your SirO ensure scalability and high transaction throughput?
Technical Foundations and Collaborations
Sorry, this is. We are based on blast. Totally depends on blast. We're not a blockchain. Okay, next question. This one has already been answered. This one has also been answered. Sorry. I would like to ask if Cyber has any major collaborations and which partners they wish to work with and also what utilities that we expect from cyber after the upcoming TGE.
Partnerships and Business Development
So regarding the major collaborations, first of all I will tell you about the priorities. Our business development team is working at this moment on partnerships with major wallets. That's the first thing.
Partnerships and Collaboration
The second thing is we are partnering with our other protocols on blast. That's the second stream. The third stream is we are adding those protocols who are big on other blockchains just because we want to add omnichannel support next week, next year, in the beginning of next year, maybe in the end of this year. So that's what we are working on and there are going to be major collaborations. Yes, but that's a good question. I'll mark it green for myself. Okay, let's return to the questions from Twitter X.
Explaining Cyber Tokenomics
Sorry, I have to read explain cyber tokenomics including token supply, distribution, burning staking mechanisms and design rationale. So the tokenomics are described in the documentation. The supply is fixed, it is 1 billion tokens and we will burn some of them closer to the end of the pre sale. The public pre sale. The distribution is also mentioned in documentation. We will reallocate some of the allocations. Sorry for repeating. So we will burn the reserve, we will move some tokens from the team to the rewards, etcetera. So we will make it lower FDB for the listing and we will distribute the tokens so the users get more rewards.
AI Broker Feature
Next question. This one is not interesting. Can you explain how cybers AI broker feature will enhance the user experience and optimize investment decisions? And what sets it apart from other yield leaders in the market? Well, first of all, I've never seen a yield reggator with an AI broker inside or something similar. Yes, there is one startup that was going to make it but looks like he stopped making it? Well, we are believers and we want to implement it. That's the first thing. How will it do it? I will explain. Well, basically we analyze the user's portfolio, current portfolio. We analyze his appetite, risk appetite. We analyze his preferences and based on those, we show him the selection.
Investment Strategies
After that, he selects the necessary, the best investment options for him from the list. And then we prepare the strategy. The AI broker strategy. AI broker prepares the strategy. So that works in a few steps, but you'll see, we'll share the. Maybe we'll even test the user interface on the users on the waitlist before the development. Okay, next question. This was already answered. Sorry. The questions are repeating, so I have to skip some of them. Project development, all main priorities.
Financial Strategy and Sustainability
Having enough funds. Is your team financially capable to run this project? Do you have enough funds for its development? Can you tell us how your project generates the profit? Yes, we have enough money for the project, have enough money for listing and for the development for a long time. Of course, it depends on the amount of money we spend. If we want to spend more on the team, of course we have a shorter Runway, and of course, if we want to put more money in marketing, of course we will have a shorter Runway. But we try to balance and we first try to find this scaling tract when we attract more and more users at the necessary price, and then we scale.
Profit Generation and Future Plans
So we try to be, you know, we try to spend the balance between more and less. So we not, we try not to spend less than that because we don't generate enough experiments. And if we spend more, we just burn the money. So we try to find the balance and yes, we have enough money and team is capable and the project doesn't generate profit yet because we didn't introduce fees. We will introduce them this year, this quarter, and it will be on some strategies, on some vaults and the tokenomics of the token, of course, it's bound to the economy of the project. So this is how it works.
Challenges and Closing Remarks
So the profit will come, this will start being generated this quarter, and it will get bigger and we plan to go break even next year, maybe within one year from this moment. That's the plan. Okay, next, there is one more question. Hey, cyber team, what measures are being taken to ensure task diversity and inclusivity on the platform? And how will you prevent bias and task matching algorithms to provide equal opportunities for all users? Well, we don't do anything, don't have any biases on diversity. So we're a DeFi platform. What do you want okay, next question.
Future Expansion and Conclusion
Can you share any information about Cyber's future plans for expansion and growth? And what biggest challenges is cyber facing since the creation? Well, I've already answered before. Well guys, that looks like we've covered all the questions because others are repeating the previous ones. There were some good questions today. Thank you for joining. I will select the best three. They will receive cybo tokens. Some others will receive cybo points. Thank you for joining. Thank you for spending this Saturday half an hour with me. This is Crouton from Cybro and I love you so much.
User Engagement and Feedback
If you like Cybro, if you liked today's session, please give me thumbs up or something else. If you are in a bad mood, if you didn't hear what you wanted, please give me thumbs down and we will answer your questions next time. Also, thank you guys. Thank you for your emotions and have a good weekend. Bye everyone. The recording will be available after the AMA. Thank you.
