Recently, the market has been volatile, with many new coins peaking upon launch and then experiencing a continuous decline. Most project tokens can only be speculated on, lacking reasons for long-term holding. Once the team's story is told, the coin price loses its support.
CYS is not just a token; it is more like a crucial piece of the core infrastructure of future blockchain.
$CYS officially launched, after the opening it surged and then experienced a deep correction, currently in a range oscillation, with a market value of about forty-seven million.
This kind of initial surge followed by a deep washout trend is common in new projects and can be seen as the market digesting early speculative bubbles, seeking genuine value support points. Currently, its 24-hour trading volume remains relatively high, indicating that market attention and liquidity are still abundant.
Many project tokens are just 'gas fees' for paying transaction fees, while CYS plays a much deeper role in the ecosystem:
Network usage rights and fee settlement: This is a basic function. Any individual or project needing to use Cysic's high-speed ZK proof service must pay CYS as a fee.
Hardware provider staking and incentives: This is the core of its decentralized network. Users can run hardware nodes by staking CYS to provide proof services for the network, thereby earning CYS rewards. This creates a positive cycle of 'contributing computing power - earning tokens'.
Governance and protocol upgrades: CYS holders will participate in deciding key parameters, technical upgrade directions, and the use of the treasury, mastering the future of the protocol.
Value capture and deflationary design: A portion of the protocol's revenue (such as service fees) will be used to repurchase and burn $CYS on the open market, or rewards will be given to stakers. This means that the more frequently the network is used, the higher the potential scarcity of CYS.
In simple terms, $CYS is the passport, salary, and ownership certificate of this decentralized ZK computing cloud. Its value is deeply tied to the adoption and activity rate of the entire network.
Cysic is not targeting an abstract concept but rather a recognized and pressing bottleneck in the current blockchain technology development: the generation speed of ZK is too slow and the cost is too high.
Whether it's for privacy transactions, compliance verification, or Ethereum Layer 2 scaling, its speed and cost are stuck at the ZK proof stage. Cysic's mission is to improve the speed of ZK proofs by several orders of magnitude through proprietary hardware acceleration solutions while significantly reducing costs.
You can understand it as:
Traditional mode: Performing complex ZK calculations with ordinary computers is slow and expensive.
Cysic model: Sending computing tasks to a global network equipped with professional accelerator cards (similar to mining machines, but for ZK calculations), completing them instantly at a very low cost.
The strength of this narrative lies in its solving real demands and genuine pain points; the clients are all blockchain projects and institutions that require high-performance ZK proofs.
Not a scammer, no money received!
Not a scammer, no money received!
Old Li's vision is that he hopes the market can quickly return to an era not reliant on emotional pump and dump, with some practical value projects waiting to be discovered by everyone!
(This is for analysis only, not investment advice)
