4.14.2025

Accelerator Alumni Interview - Cygnus Finance from Batch#4

Our Accelerator Alumni Interview Series highlights the success stories of our graduates as they scale their ventures and achieve growth, showcasing the impact of our accelerator on their journey.
by
Zoe Zhao

OPL: Could you introduce yourself and share a bit about your background?

Shiran Zhang: Hi this is Shiran, the ecosystem lead for Cygnus. I graduated from Peking University and New York University, and was once employed in big tech. I also had a journey with Chainbase, which is a Web3 data company. I joined Cygnus in the summer of 2022. Currently I’m based in San Francisco / Bay Area.

OPL: Cygnus Finance initially focused on modular real yield and restaking. What prompted the pivot to Cygnus Instaplay and its integration with Instagram? 

Shiran Zhang:
1. Inspired by the Success of TON Mini-Games. The pivot toward Instagram-based engagement was driven by the explosive success of TON’s mini-game ecosystem last summer. We observed that users were highly receptive to earning points through casual games and converting them into tokens within wallets. This proved that social media-driven Web3 adoption is not only viable but highly scalable.
2. Instagram’s Massive User Base & Viral Content Potential. Instagram has over 2.5 billion users worldwide, far surpassing the reach of traditional crypto-native platforms. Short-form video content related to tokens, gaming, and social finance spreads rapidly, creating a natural viral loop for Cygnus’ growth. As a platform deeply embedded in both creator monetization and mainstream culture, Instagram presents an unparalleled opportunity for Web3 expansion.
3. Cygnus’s Leadership Team Has Strong Instagram Expertise. Cygnus’ core team includes ex-Meta (Instagram parent company) members, with deep expertise in social engagement algorithms, ad monetization, and creator economy strategies. As Web3 adoption grows, our team understands how to leverage Instagram’s existing user behavior and platform dynamics to drive seamless blockchain onboarding.

OPL: How does Cygnus Instaplay work, and what unique value does it bring to both Web3 and social media users?

Shiran Zhang:
✅ Cygnus Instaplay: Web3 Gaming & Social Engagement on Instagram
Cygnus has launched Instaplay, an interactive points-based ecosystem directly integrated with Instagram. Through Instagram’s advanced ad targeting & creator partnerships, we have already onboarded millions of verified users.
✅ Seamless Web2 → Web3 Transition via Smart Wallets
Using account abstraction (AA) wallets, Cygnus enables users to log in with Instagram and instantly generate a Web3 wallet without needing seed phrases or private keys. This ensures frictionless onboarding while maintaining full blockchain functionality.
✅ From Instagram to Creator Economy & Data Sovereignty
Once onboarded, users can seamlessly transition into Cygnus’ broader ecosystem, including creator economy participation, and token-based rewards, restaking, and Data Sovereignty. This allows Instagram users to naturally convert into on-chain participants, unlocking new liquidity and engagement across multiple blockchain ecosystems.

OPL: 0G is known for its innovative Web3 technology. How do you feel about the partnership with 0G, and how has 0G’s technology or infrastructure helped strengthen Cygnus' transition and growth?  

Shiran Zhang: 0G's technological innovations have significantly advanced the industry. Their modular scalability and custom consensus mechanisms are particularly commendable, greatly enhancing data processing capabilities and system stability while also boosting network security. 0G's cutting-edge technology has set new high standards for the development of Web3 technologies.

OPL: What are the key synergies between Cygnus and 0G? How do their innovations align with Cygnus’ mission and make the product stronger?

Shiran Zhang: The key synergies between Cygnus and 0G are rooted in their shared commitment to driving innovation within the blockchain ecosystem. 0G's scalable architectures and custom consensus mechanisms are well-aligned with Cygnus' mission to enhance user engagement and platform functionality. This strategic alignment could significantly strengthen Cygnus' offerings, making them more robust and adaptable in a rapidly changing digital environment. 

OPL: During the accelerator, Cygnus secured key partnerships, gained Binance promotion, and was recognized by Bitget as a top DeFi project on TON. How have these milestones strengthened your offerings, accelerated growth, and shaped your long-term strategy?

Shiran Zhang: These milestones have significantly contributed to strengthening Cygnus's offerings and accelerating our growth in several key ways:
- Key Partnerships: Securing strategic partnerships has been instrumental in expanding our reach and enhancing our capabilities. These collaborations provide access to additional resources, technology, and networks, which in turn improve the user experience and offer more value to our ecosystem and chain. They also help us expand across multiple blockchains.
- Binance Promotion: Being promoted by Binance has greatly increased Cygnus's visibility within the global Web3 community. This exposure has led to a growing user base, especially in markets where Binance has strong influence. It also boosts confidence in Cygnus's technology, as being associated with a leading exchange like Binance signals trust and reliability to potential users and partners.
- Recognition by Bitget: Recognition as a top DeFi project on TON solidifies Cygnus's position as a leader in the DeFi space. This endorsement from Bitget not only highlights our technological advancements and innovation but also provides us with access to a broader audience, fostering credibility and future collaborations within the DeFi ecosystem.
These milestones have collectively accelerated our growth by increasing our market presence, strengthening our partnerships, and building trust with users and investors. They have shaped our long-term strategy by positioning Cygnus as a key player in the Web3 world, allowing us to continue evolving our offerings, scale sustainably, and lead the transition to decentralized ecosystems for users.

OPL: Reflecting on your time in the accelerator, what were the most valuable resources, mentorship, or connections that helped Cygnus navigate this pivot? 

Shiran Zhang: The most valuable aspects were the collaborative environment and the creative exchanges it facilitated. Being immersed in a community of innovative thinkers and industry experts provided us with ongoing inspiration and a wide range of perspectives. This environment was crucial for fostering creative ideas and enhancing our strategic pivot, thanks to the supportive and dynamic atmosphere.

OPL: What would you say to other Web3 founders considering joining an accelerator?

Shiran Zhang: If you're a Web3 founder considering joining an accelerator, I'd say go for it, especially if you're focused on honing your product. In the early stages of a startup, having a solid product is crucial, but it's equally important to navigate the ecosystem effectively. Accelerators can provide you with the resources, mentorship, and network you need to refine your product and strategy.
Remember, the journey through an accelerator is not just about accelerating growth but also about learning how to sustain it. Take every piece of advice seriously, engage actively with mentors, and use the opportunity to test and improve your product continuously. The connections you make can open doors you didn't even know existed and provide you with insights that are deeply aligned with industry needs. It’s a commitment, but one that can significantly move the needle for your project.

OPL: Cygnus recently closed a $20M funding round and is targeting a $100M raise. What new opportunities will this funding unlock for the company's next phase?

Shiran Zhang: We have our roadmap for our Instagram app layer. We’ll use the funding to unlock our development on Ins.
1️⃣ Instagram-powered adoption – Users log in via Instagram, automatically generate AA wallets, and seamlessly interact with Web3 content.
2️⃣ Creator Economy & Revenue Sharing – Users can support Instagram creators, while creators earn rewards through our blockchain-based monetization model.
3️⃣ Data Sovereignty & AI Integration – Users will eventually own and monetize their social data, which can power decentralized AI models. This approach enables a fresh, high-volume user acquisition strategy, pushing for mainstream adoption of Web3.

OPL: You’re preparing to launch a new chain soon. What can you share about this development, and how does it fit into Cygnus' long-term roadmap?  

Shiran Zhang: For Cygnus Chain, we already have our testnet live. While our current focus is on the Instagram app layer, our broader vision is to onboard billions of Web2 users into the Web3 ecosystem. We’ve drawn insights from the success of Telegram mini apps last summer and believe short-form video represents the next big opportunity. This allows creators to monetize their content while maintaining sovereignty over their data. This Instagram layer will ultimately integrate with Cygnus Chain to facilitate this transition for Instagram users into our ecosystem.
We’ve also secured partnerships across DeFi, PayFi, SocialFi, and other key sectors. Cygnus Chain will offer users real-world scenarios and use cases for interest-bearing assets, backed and strengthened by our LVS framework.


OPL: Looking ahead, what’s Cygnus's ultimate goal, and where do you see the project in a year?

Shiran Zhang: Cygnus is a modular real yield layer and the first Web3 Instagram App Layer, merging on-chain & off-chain assets to power the creator economy. Built with Cygnus LVS, Cygnus aims to onboard the next billion users onto Web3.
We aim to create a seamless and scalable ecosystem for creators, users, and advertisers. The goal is to provide a comprehensive, accessible gateway into Web3, lowering the barriers to adoption and offering sustainable staking yields, ecosystem incentives, and real yield opportunities for all participants.
In a year, Cygnus will be a recognized leader in the Web3 space, with millions of Instagram users seamlessly onboarded into Web3 through our Instagram App Layer. Our modular infrastructure, powered by the Cygnus Omnichain Liquidity Validation System (LVS), will enable efficient liquidity validation and staking across both EVM and non-EVM ecosystems. We expect to see widespread adoption of our Account Abstraction (AA) wallets, further enabling frictionless onboarding and user participation in decentralized value creation. With a thriving decentralized creator economy, Cygnus will be an essential platform for sustainable growth and innovation in Web3, driving the next wave of user engagement and AI-integrated applications.

About OnePiece Labs

OnePiece Labs is a premier Web3 accelerator dedicated to supporting mid-stage startups. Through mentorship, networking opportunities, and tailored programs, OnePiece Labs accelerates the growth of promising Web3 projects, shaping the future of decentralized technology.

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